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 11 m². Located Funchal (Santa Luzia) parish, Funchal municipality. This property offers a rare opportunity to secure three covered parking spaces in Funchal's city center, providing an invaluable asset amidst the growing demand for convenient parking.
The valuation. The asking price of €25,000 sits at €11,209 (44.8%) below the fair value of €36,209. This indicates that the property is underpriced compared to its intrinsic value. Buy-to-flip angle. A resale strategy could capitalize on the substantial margin below fair value, allowing for potential renovation and quick sale after improvement. Buy-to-let angle. With low crime rates and a thriving tourism sector, renting out this mixed-use space could attract both long-term tenants and short-term vacationers, optimizing the rental income potential.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Funchal (Santa Luzia) · 52307a | Subject | €25,000 | €2,273 | — | — | 70 |
| rua Doutor Ângelo Augusto da Silva | Active | €900,000 | €2,045 | 10.0% | 60 | 65 |
| Sao Martinho · 523063 | Active | €530,000 | €1,577 | 30.6% | — | 80 |
| rua da Ponte Nova, 31 | Active | €499,000 | €2,683 | 18.0% | 40 | 69 |
| Imaculado Coracao De Maria · aff755 | Active | €495,000 | €2,403 | 5.7% | 80 | 68 |
| Median comp | €514,500 | €2,224 | 2.1% | 60 | 69 |
Long-term rental With a fair value of €36,209 and a significant gap of 44.8%, this 0-bed mix-use building represents an opportunity for long-term rental returns that align with the growing demand from Madeira's tourism and expat market. However, given its current 0% yield and condition rating of 0/100, investors should carefully consider renovation costs before proceeding. Short-term vacation rental The attractive fair value indicates strong potential for short-term vacation rental performance, benefiting from Madeira's thriving tourism industry and low crime rates in tourist areas. Yet, the property’s condition and yield require attention to ensure it meets the quality expectations of vacationers. Buy-and-hold Investing for the long term in this property could be rewarding given its subvalued price relative to fair market conditions in Funchal, attracting both tourists and expats. Despite the challenges of its current state and zero yield, it could appreciate as the neighborhood develops further, making it a strategic buy-and-hold investment. Not ideal for: Student housing, Luxury market, Industrial logistics This property’s characteristics do not align with the requirements for student housing, luxury market ventures, or industrial logistics, limiting its appeal in those segments of the market.
Economic Vulnerability The economic stability score of 60/100 indicates a potential risk of economic downturns that could negatively impact property value and rental demand.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
