A facile direct precipitation method has been developed for the synthesis of bifunctional magnetic–luminescent nanocomposites with Fe 3 O 4 nanoparticles as the core and YVO 4 :Eu 3+ as the shell. Transmission electron microscopy (TEM) images revealed that the obtained bifunctional nanocomposites had a core–shell structure and a spherical morphology. The average size was ∼150nm, and the thickness of the shell was ∼15nm. The X-ray diffraction (XRD) patterns showed that a cubic spinel structure of Fe 3 O 4 core and a tetragonal phase of YVO 4 shell were obtained. Fourier transform infrared (FT-IR) spectra confirmed that the YVO 4 :Eu 3+ had been successfully deposited on the surface of Fe 3 O 4 nanoparticles. Photoluminescence (PL) spectra indicated that the nanocomposites displayed a strong red characteristic emission of Eu 3+ . Magnetic measurements showed that the obtained bifunctional nanocomposites exhibited superparamagnetic behavior at room temperature. Therefore, the bifunctional nanocomposites are expected to develop many potential applications in biomedical fields.