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, built in 2020, energy rating A. Located Ericeira parish, Mafra municipality, Lisbon district. Notable Feature: This luxury apartment boasts a 104 m2 private rooftop, designed for versatile outdoor spaces, complemented by panoramic sea views from every room throughout the property.
The valuation. The asking price of €649,000 is slightly below the fair value of €656,584, making it fair by €7,584 (1.2%). This suggests an appropriate pricing for the high-end 2-bed property. Buy-to-flip angle. A resale strategy focusing on value-add renovations could enhance the property’s appeal, targeting quick sales at a higher price point, driven by the premium condition and desirable location. Buy-to-let angle. With an estimated monthly rental income of €1,406, the gross yield stands at 2.6%, offering a steady return for long-term investors in this mixed neighborhood poised for growth.
Fair value modelled at €656,584 from 4 comparable sales in the area. Asking €649,000 sits €7,584 (1.2%) below — the upside to fair value.
Asking €649,000 versus the Ericeira, Mafra, Lisbon area baseline of €660,350 (€4,462/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 €660,350, adjusted for condition and micro-location, gives a modelled fair value of €656,584 (€4,436/m²), a €7,584 (1.2%) gap versus the €649,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ericeira · 76ac8f | Subject | €649,000 | €4,385 | — | 84 | 54 |
| Ericeira · d749c0 | Active | €649,000 | €4,880 | 11.3% | 85 | 61 |
| Ericeira · 2ce1d9 | Active | €477,000 | €4,543 | 3.6% | 91 | 57 |
| Ericeira · 23f296 | Active | €480,000 | €3,117 | 28.9% | 84 | 60 |
| Ericeira · 2ce1c3 | Active | €420,000 | €4,330 | 1.3% | 91 | 48 |
| Median comp | €478,500 | €4,437 | 1.2% | 88 | 59 |
Value-add renovation The property offers opportunities for improvements given its current condition rating of 80/100, which could enhance both tenant appeal and rental yield. Investing in targeted renovations may capitalize on the nearby commuter influence, increasing its attractiveness to long-term renters. Long-term rental With a fair value of €656,584 and a gross yield of 2.6%, the property presents a stable long-term rental opportunity, particularly given the proximity to Lisbon for commuters. The neighborhood's amenities and reasonable tenant quality support sustained demand for rentals despite its average rating. Buy-and-hold Holding this property may yield steady returns, reflected in the gross yield of 2.6% while keeping pace with the area's fair value of €649,000. Despite fluctuations in the market, the location’s commuter appeal indicates potential for consistent occupancy over time.
Economic and Tenant Instability The economic stability score of 50 and tenant stability score of 55 suggest a higher risk of fluctuating rental income and potential vacancy issues.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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