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 181 m², built in 1990, energy rating D. Located Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: The property’s basement offers potential for conversion into a functional living space, contrasting with the stylish upper levels adorned with parquet flooring and ceiling roses.
The valuation. The asking price of €1,000,000 is significantly above its fair value of €698,164, representing a discrepancy of €301,836 (43.2%). This property is considered overpriced in the current market. Buy-to-flip angle. A buy-to-flip strategy may not be ideal due to the property’s high asking price, which limits potential profit margins upon resale. Deferred maintenance also necessitates further investment, impacting overall returns. Buy-to-let angle. With a gross yield of 2.3%, the property could generate an estimated monthly rental income of €1,917. However, the mixed neighbourhood rating and condition may affect tenant demand and rental longevity.
Fair value modelled at €698,164 from 6 comparable sales in the area. Asking €1,000,000 sits €301,836 (43.2%) above — overpriced versus fair value.
Asking €1,000,000 versus the Ericeira, Mafra, Lisbon area baseline of €856,936 (€4,734/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 is below the parish average, reducing 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 €856,936, adjusted for condition and micro-location, gives a modelled fair value of €698,164 (€3,857/m²), a €301,836 (43.2%) gap versus the €1,000,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 2ce1f9 | Subject | €1,000,000 | €5,525 | — | 51 | 56 |
| rua Mato da Cruz, 22 | Active | €550,000 | €3,438 | 37.8% | 60 | 56 |
| urbanização Moinhos do Mar | Active | €460,000 | €3,932 | 28.8% | 60 | 55 |
| Ericeira · 65a63c | Active | €575,000 | €3,783 | 31.5% | 68 | 51 |
| Ericeira · de0b86 | Active | €649,000 | €4,031 | 27.0% | 68 | 59 |
| Median comp | €562,500 | €3,858 | 30.2% | 64 | 56 |
Long-term rental The property is overpriced at €1,000,000, significantly exceeding the fair value of €698,164 by 43.2%. With a gross yield of only 2.3%, the return on investment for a long-term rental strategy is unlikely to align with investor expectations in the current market. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable given the 43.2% gap from its fair value of €698,164. The low yield of 2.3% and the overall condition and neighbourhood ratings suggest limited appreciation potential over time, making it a risky investment choice.
Economic and Tenant Instability Risk Given the economic stability score of 55/100 and tenant stability score of 55/100, there is a significant risk of fluctuating rental income and potential higher vacancy rates, which could impact overall profitability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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