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According to the official estimate by Agenzia delle Entrate, the price of a luxury apartment in excellent condition in the central area of Portofino, ancient core, square area of the harbor may vary between 16.300 to 22.900€/m2 so the request of 3.950.000 euros (17.555€/mq) may be considered appropriate with the values indicated by the official report.
despite the excellent state of preservation, can be estimated restoration and maintenance facilities for up to 70.000euro to renew 3 bathroom, 1 kitchen, heating system, electrical and painting.
these restorations can provide a gain of 15-20% with a return on investment of about 650.000euro