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, 2-bathroom apartment of 131 m² on the 2nd floor, energy rating C. Located on rua Gerardo Pereira Ruiz, 1, Ericeira parish, Mafra municipality, Lisbon district. The apartment features two balconies offering partial sea views and excellent solar exposure, enhancing the living experience in a tranquil residential neighborhood just 1 km from the beach.
The valuation. The asking price of €439,900 is slightly below the fair value of €461,525, indicating a difference of €21,625 (4.7%). The property is therefore considered to be at a fair price.
Fair value modelled at €461,525 from 6 comparable sales in the area. Asking €439,900 sits €21,625 (4.7%) below — the upside to fair value.
Asking €439,900 versus the rua Gerardo Pereira Ruiz, 1 area baseline of €486,788 (€3,716/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €486,788, adjusted for condition and micro-location, gives a modelled fair value of €461,525 (€3,523/m²), a €21,625 (4.7%) gap versus the €439,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gerardo Pereira Ruiz, 1 | Subject | €439,900 | €3,358 | — | 75 | 47 |
| Ericeira · 8316b3 | Active | €485,000 | €3,566 | 6.2% | 70 | 58 |
| largo dos Marquinhos, 3 | Active | €410,000 | €3,417 | 1.7% | 72 | 62 |
| Ericeira · 07fbfc | Active | €445,000 | €3,938 | 17.3% | 83 | 64 |
| Ericeira · 3a73b2 | Active | €620,000 | €3,605 | 7.3% | 79 | 62 |
| Median comp | €465,000 | €3,586 | 6.8% | 76 | 62 |
Long-term rental The property in Ericeira presents a gross yield of 4.1%, which is consistent with the demands of the long-term rental market in rural areas. While the fair value is slightly above the listing price, the average condition and neighborhood ratings indicate competition might limit rental potential. Buy-and-hold As a buy-and-hold investment, this apartment offers a modest appreciation potential with a gap of only 4.7% to fair value. However, given its location and neighborhood quality, long-term prospects for significant capital gains may be restrained. Not ideal for short-term rental Due to the property’s rural location and the neighborhood rating of 47/100, it is ill-suited for a short-term rental strategy. The limited tourist influx in Ericeira could lead to lower occupancy rates for short-term rentals. Not ideal for student housing The property is also not an ideal candidate for student housing, given the rural context and the low tenant quality associated with the area. The distance from major educational institutions further diminishes its attractiveness for this use.
High Economic Risk The economic stability score of 35/100 indicates a significant risk of economic downturns impacting property values and rental income potential.
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