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 apartment_building of 105 m², built in 2010, energy rating B. Located on rua Cónego Doutor Agostinho Gomes, 31N, Santo Antonio parish, Funchal municipality. Unique Feature: This property includes a generously sized communal terrace that enhances the living experience by offering outdoor leisure space and panoramic views of the surrounding area. Condition: Well-maintained with contemporary styling and high-quality materials throughout. Valuation Verdict: Fair.
The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate. The limited data makes it challenging to gauge the market dynamics effectively.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cónego Doutor Agostinho Gomes, 31N | Subject | €475,000 | €4,524 | — | 75 | 74 |
| Imaculado Coracao De Maria · 9dde6c | Active | €1,200,000 | €2,439 | 46.1% | — | 65 |
| Imaculado Coracao De Maria · aff755 | Active | €495,000 | €2,403 | 46.9% | 80 | 68 |
| Sao Martinho · 523063 | Active | €530,000 | €1,577 | 65.1% | — | 80 |
| rua Fernão Ornelas, 25, 1º | Active | €9,500,000 | €535 | 88.2% | — | 73 |
| Median comp | €865,000 | €1,990 | 56.0% | 80 | 71 |
Long-term rental This property in Santo Antonio, Funchal, benefits from a neighbourhood that scores 74/100, indicating a stable environment for attracting reliable tenants. With a growing service and tourism sector, the long-term rental strategy appears advantageous for maintaining occupancy levels over time. Short-term vacation rental Funchal's reputation as a tourist destination creates substantial demand for short-term vacation rentals, which can capitalize on the area's urban amenities and attractiveness. Though the property currently has a 0% gross yield, its location in a 74/100 rated neighbourhood suggests potential for increased short-term rental income as tourism continues to flourish. Buy-and-hold Given the property's condition rating of 77/100, it presents a solid opportunity for a buy-and-hold investment strategy aimed at capitalizing on future market appreciation in a desirable urban centre. With services and tourism driving the local economy, the property stands to benefit from ongoing urban development and increasing property values over time.
Economic and Tenant Stability Risk The combined stability scores of 70/100 for both economic and tenant factors indicate a moderate risk of potential fluctuations in rental income and occupancy rates.
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Not enough comparable sales in this area to confidently estimate a fair value.
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