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 336 m², built in 2021, energy rating C. Located Sao Martinho parish, Funchal municipality. Noteworthy Features: This commercial space offers stunning ocean views and is located in a thriving area known for its continuous commercial growth, enhancing visibility for potential businesses.
The valuation. The asking price of €530,000 sits significantly below the fair value of €802,571, indicating a potential opportunity as it is underpriced by €272,571 (51.4%). This suggests strong potential for appreciation.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Sao Martinho · 523063 | Subject | €530,000 | €1,577 | — | — | 80 |
| Funchal (Santa Luzia) · 52307a | Active | €25,000 | €2,273 | 44.1% | — | 70 |
| rua Doutor Ângelo Augusto da Silva | Active | €900,000 | €2,045 | 29.7% | 60 | 65 |
| Imaculado Coracao De Maria · aff755 | Active | €495,000 | €2,403 | 52.3% | 80 | 68 |
| rua da Ponte Nova, 31 | Active | €499,000 | €2,683 | 70.1% | 40 | 69 |
| Median comp | €497,000 | €2,338 | 48.2% | 60 | 69 |
Short-term vacation rental This property is strategically located in Funchal, a major tourist destination with a high demand for vacation rentals, suggesting strong potential for generating income through short-term rentals. With a current listing price of €530,000, the property is marked significantly below its fair value of €802,571, offering a 51.4% gap that could be leveraged for profitable investment. Long-term rental Given Funchal's thriving tourism-focused economy, this property presents a viable opportunity for long-term rentals, catering to residents and businesses in the area. The neighborhood rating of 80/100 indicates strong tenant quality, enhancing the chances for sustained rental income despite the property’s current condition rating of 0/100. Buy-and-hold Acquiring this property as a buy-and-hold investment is favorable, considering its substantial gap to fair value which may appreciate over time in the fast-growing Funchal market. The potential for future renovations alongside the local economic growth signifies that this investment could yield significant returns if held long-term.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of turnover, which could lead to increased vacancy rates and potential loss of rental income.
