Mafra Property Prices, Rents & Rental Yields

About Mafra

Mafra sits between Lisbon’s pull and the Atlantic edge, with a setting shaped by historic architecture, green surroundings, and access to the wider western corridor of the district. For investors, it is a place where residential demand is read through both lifestyle appeal and proximity to the capital.

August 2026 brings the clearest signal in Mafra’s apartment market: rents are moving faster than prices. The average rent price rose 7.5% month over month to €1,400, while the average sale price edged up just 0.2% to €476,000. That gap suggests a market where income is improving more quickly than capital values, tightening the balance between yield and acquisition cost.

The current gross yield stands at 4.18%, which helps explain why pricing remains under scrutiny even as the average sale price is up 5.8% year over year. At the same time, the average m2 price sits at €3,510, with only a 0.2% monthly dip and a 2.3% annual increase. Put together, the data points to a market that is still appreciating in value, but not evenly across rent and resale. For apartment investors, the month’s key question is whether stronger rental levels can offset the slower pace of sales growth and preserve room for returns.