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.
3-bedroom, 3-bathroom house of 219 m², energy rating C. Located Ericeira parish, Mafra municipality, Lisbon district. This property features private balconies with sea views, enhancing outdoor living and relaxation, alongside a spacious garage accommodating two vehicles.
The valuation. The asking price of €665,000 sits €38,127 (5.4%) below the fair value of €703,127, indicating a fair pricing situation for this property. Buy-to-flip angle. A value-add renovation strategy could significantly enhance the resale potential, capitalizing on improved aesthetics and market demand. Buy-to-let angle. With a gross yield of 4.2% and estimated rental income of €2,328/month, this property presents a stable long-term rental income opportunity.
Fair value modelled at €703,127 from 4 comparable sales in the area. Asking €665,000 sits €38,127 (5.4%) below — the upside to fair value.
Asking €665,000 versus the Ericeira, Mafra, Lisbon area baseline of €711,539 (€3,249/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €711,539, adjusted for condition and micro-location, gives a modelled fair value of €703,127 (€3,211/m²), a €38,127 (5.4%) gap versus the €665,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · e3ac18 | Subject | €665,000 | €3,037 | — | 85 | 49 |
| Ericeira · 627088 | Active | €650,000 | €2,863 | 5.7% | 75 | 65 |
| rua da Bela Vista, 27 | Active | €890,000 | €3,248 | 7.0% | 75 | 51 |
| Ericeira · 3d98f9 | Active | €990,000 | €3,173 | 4.5% | 65 | 58 |
| rua dos Descobrimentos S / N | Active | €990,000 | €3,390 | 11.7% | 68 | 61 |
| Median comp | €940,000 | €3,211 | 5.7% | 72 | 60 |
Long-term rental Given the fair market value of €703,127, this property is reasonably priced at €665,000, which aligns with the 4.2% gross yield expected from a long-term rental strategy. However, the overall neighborhood score of 49/100 may limit tenant demand and rental growth potential. Value-add renovation While valued fairly at €665,000 comparing favorably to a fair value of €703,127, investing in renovations could enhance property appeal and increase rental income. The current condition rating of 80/100 suggests minor upgrades could significantly improve tenant satisfaction and occupancy rates, making it a viable strategy for added value. Short-term vacation rental This property is not well-suited for short-term vacation rentals given its location in a peripheral area with basic amenities and a neighborhood score of only 49/100. The lack of appeal in the immediate vicinity and average condition further diminish its potential for attracting vacation renters. Luxury market Entering the luxury market with this property would be ill-advised as its pricing aligns closely with fair market value without premium characteristics typical of luxury listings. The neighborhood's below-average amenities reinforce the conclusion that this property is not positioned for high-end buyers. Student housing This property does not align well with the student housing market, as its peripheral location and limited amenities could deter student occupancy. With a neighborhood quality score of 49/100, it's unlikely to attract the demand necessary for successful short-term leases to students.
Economic and Tenant Instability The property faces significant risks due to low economic and tenant stability scores of 45/100, indicating potential challenges in maintaining occupancy and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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