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 192 m², energy rating E. Located on estrada Monumental, Funchal (Santa Luzia) parish, Funchal municipality. Noteworthy Features: The property includes a ground floor shop/snack bar with existing functional appliances, offering immediate income potential amid a central location in Funchal.
The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Monumental | Subject | €340,000 | €1,771 | — | 40 | 70 |
| travessa do Forno, 19 | Active | €395,000 | €1,975 | 11.5% | — | 66 |
| rua dos Netos, 32 | Active | €1,480,000 | €2,111 | 19.2% | — | 71 |
| rua Doutor Ângelo Augusto da Silva | Active | €900,000 | €2,045 | 15.5% | 60 | 65 |
| rua de Santa Luzia | Active | €950,000 | €3,800 | 114.6% | — | 72 |
| Median comp | €925,000 | €2,078 | 17.3% | 60 | 69 |
Short-term vacation rental The property’s location in Funchal, a well-known tourist destination, positions it to attract short-term vacation renters, particularly given the area's low crime rate. While the current condition and yield of the property may require initial investment, the appeal to tourists could yield attractive returns in a vibrant market. Long-term rental Given Funchal's decent neighborhood rating and adequate amenities, this property may serve as a viable long-term rental option for residents seeking housing. However, the condition rating suggests potential maintenance concerns that could affect long-term tenant satisfaction and retention. Buy-and-hold Acquiring this property aligns with a buy-and-hold strategy, allowing for capital appreciation in a stable area like Funchal. Over time, the influx of tourists and the appeal of Madeira can contribute to a gradual increase in property value, enhancing returns for investors willing to endure short-term fluctuations in yield.
Tenant turnover risk High tenant turnover is possible with a Tenant Stability score of 60/100, indicating that retaining tenants may be challenging, which could lead to increased vacancy and turnover costs.
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Not enough comparable sales in this area to confidently estimate a fair value.
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