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 137 m², energy rating B. Located on rua dos Oceanos, Ericeira parish, Mafra municipality, Lisbon district. Noteworthy Features: The apartment offers stunning sea views from its balconies, perfect for enjoying Ericeira's coastal ambiance, along with a cozy living room featuring a built-in fireplace for added comfort.
The valuation. The asking price of €525,000 is significantly above the fair value of €466,187, indicating the property is overpriced by €58,813 (12.6%). This discrepancy suggests potential investors should proceed with caution. Buy-to-flip angle. A buy-and-flip strategy could be challenging, given the current asking price, as resale at a competitive rate may prove difficult in a mixed neighbourhood. Investors need to factor in potential renovation costs and market conditions. Buy-to-let angle. The estimated rental income of €1,531 per month results in a gross yield of 3.5%, appealing for long-term family rentals. However, with an above-average asking price, careful consideration of cash flow implications is essential.
Fair value modelled at €466,187 from 6 comparable sales in the area. Asking €525,000 sits €58,813 (12.6%) above — overpriced versus fair value.
Asking €525,000 versus the rua dos Oceanos area baseline of €486,562 (€3,552/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €486,562, adjusted for condition and micro-location, gives a modelled fair value of €466,187 (€3,403/m²), a €58,813 (12.6%) gap versus the €525,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Oceanos | Subject | €525,000 | €3,832 | — | 77 | 60 |
| Ericeira · e552d0 | Active | €535,000 | €3,452 | 9.9% | 75 | 56 |
| Ericeira · 2ce1c3 | Active | €420,000 | €4,330 | 13.0% | 91 | 48 |
| Ericeira · 76ac8f | Active | €649,000 | €4,385 | 14.4% | 84 | 54 |
| Ericeira · e55303 | Active | €540,000 | €3,354 | 12.5% | 72 | 53 |
| Median comp | €537,500 | €3,891 | 1.5% | 80 | 54 |
Family rental The property is overpriced at €525,000, with a fair value of €466,187, indicating a 12.6% gap. With a gross yield of 3.5% and a neighborhood score of only 60/100, this investment poses limited appeal for family tenants looking for value in suburban settings. Long-term rental At a listing price exceeding fair value by 12.6%, this property's attraction for long-term rentals is diminished despite its proximity to Lisbon. The 3.5% gross yield indicates insufficient return potential for an investor focusing on stable rental income. Buy-and-hold Given that the apartment is priced at €525,000, significantly above its fair value, the buy-and-hold strategy becomes questionable. The combination of low neighborhood ratings and low yield does not justify the investment for long-term capital appreciation.
Economic Vulnerability With an economic stability score of 60/100, the property may face challenges due to a less favorable economic environment impacting rental income stability.
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