This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 2-bathroom apartment of 148 m² on the 2nd floor, built in 2020, energy rating A. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: The apartment includes exclusive access to a rooftop area, enhancing privacy and offering additional potential for leisure or entertainment with stunning sea views.
The valuation. The asking price of €649,000 is significantly above the fair value of €459,610, reflecting an overvaluation of €189,390 (41.2%). This suggests that potential buyers may face challenges justifying this increased price in the current market.
Fair value modelled at €459,610 from 6 comparable sales in the area. Asking €649,000 sits €189,390 (41.2%) above — overpriced versus fair value.
Asking €649,000 versus the Ericeira, Mafra, Lisbon area baseline of €467,826 (€3,161/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €467,826, adjusted for condition and micro-location, gives a modelled fair value of €459,610 (€3,105/m²), a €189,390 (41.2%) gap versus the €649,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · e3ab30 | Subject | €649,000 | €4,385 | — | 85 | 57 |
| Ericeira · 23f296 | Active | €480,000 | €3,117 | 28.9% | 84 | 60 |
| Ericeira · d749c0 | Active | €649,000 | €4,880 | 11.3% | 85 | 61 |
| rua das Lombas, 8 | Active | €737,000 | €6,246 | 42.4% | 85 | 54 |
| Ericeira · 032489 | Active | €795,000 | €2,565 | 41.5% | 84 | 58 |
| Median comp | €693,000 | €3,999 | 8.8% | 85 | 59 |
Long-term rental The 2-bed apartment in Ericeira is overpriced by 41.2%, with a fair value significantly lower than the listing price. With a gross yield of only 3.1% in a location characterized by limited economic activity, the property is unlikely to attract quality tenants in the long term. Value-add renovation Despite its current condition rating of 81/100, the significant price gap suggests that value-add renovations may not yield a sufficient return on investment. Given the rural setting and limited amenities, the potential for increasing property value through renovations is constrained by the existing demand and the neighborhood's reputation.
Economic Volatility Risk With an economic stability score of 55/100, there is a significant risk of economic fluctuations impacting rental demand, which could lead to increased vacancies or reduced rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
