Villa T5 - , Funchal, for sale

  • 5
  • 5
  • 400m2
  • 162m2
  • 238m2
Ref: LE-9-24
Sale price
190 000 €
  • 5
  • 5
  • 400m2
  • 162m2
  • 238m2
Ref: LE-9-24

House 5 Bedrooms

House to Restore in the Center of Funchal

Located in the historic center of Funchal, in the Santa Luzia area, this villa represents an excellent investment opportunity, with high potential for profitability.

The property is ideal for rehabilitation and conversion into several housing units, being especially attractive for investors looking to enter or strengthen their presence in the Madeira real estate market.

Key features:

- Privileged location: Located in a central and highly sought-after area of Funchal, with easy access to commerce, services and transport.
- Project with potential: Possibility of creating five T0 apartments, with some works already carried out.
- Versatile space: T0 studios are ideal for both tourist and long-term rentals.
- Potential for appreciation: The growing real estate demand and the strong tourist dynamism of Madeira reinforce the potential for appreciation of this property in the medium and long term.

Additional information:
There is no approved project. The works can be carried out inside the property, maintaining the current area, without the need for new licensing. IT DOES NOT HAVE PARKING OR CAR ACCESS.

Safe investment:
Inserted in a stable and growing real estate market, this villa for rehabilitation offers a rare combination of security, profitability and future appreciation.

An excellent opportunity to transform a unique property into a solid investment in the heart of Funchal.

For more information or to schedule a visit, please contact us. We speak Portuguese, English, French, Russian and Ukrainian.

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