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.
0-bedroom, 0-bathroom mix_use_building of 440 m², built in 1969, energy rating C. Located on rua Doutor Ângelo Augusto da Silva, Funchal (Santa Luzia) parish, Funchal municipality. This property includes four T2-type apartments, enhancing potential rental income and flexibility for future development under the local housing demand.
The valuation. The asking price of €900,000 is significantly below the fair value of €1,343,811, indicating the property is underpriced by €443,811, or 49.3%. This presents a compelling investment opportunity considering current market conditions.
Fair value modelled at €1,788,756 from the area baseline, adjusted for condition and location. Asking €900,000 sits €888,756 (98.8%) below — the upside to fair value.
Asking €900,000 versus the rua Doutor Ângelo Augusto da Silva area baseline of €1,818,520 (€4,133/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 60 · Materials 55 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 65/100 (Housing Market 70 · Amenities 70 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Doutor Ângelo Augusto da Silva
Area baseline €1,818,520 + condition -€138,875 + location +€109,111 = modelled fair value of €1,788,756 (€4,065/m²), a €888,756 (98.8%) gap versus the €900,000 asking price.
Short-term vacation rental This property offers a compelling opportunity for short-term vacation rentals in Funchal, given its significant gap of 49.3% below fair value. With a fair value of €1,343,811, it presents potential for strong revenue generation as tourism remains robust in the region. Buy-and-hold Investing in this property for a buy-and-hold strategy aligns well with its fair valuation of €1,343,811, especially considering the positive long-term outlook for Funchal's real estate market. The current listing price of €900,000 reflects an attractive entry point into a growing area, poised to appreciate over time. Long-term rental As a long-term rental investment, this building can leverage Funchal’s tourism-driven economy, catering to a steady influx of visitors and residents. Though the gross yield is currently at 0%, the significant fair value gap implies that the property's worth is likely to increase, enhancing rental income potential.
Lower Demand Risk The economic stability score of 60/100 indicates moderate economic conditions, which could lead to lower tenant demand and potential vacancies in the property.
