House 5 Bedrooms
House to Restore in the Center of Funchal
Located in the heart of the charming historic center of Funchal, this villa offers a unique investment opportunity with an excellent potential return. With ideal features for a rehabilitation and conversion into several housing units, this property is perfect for investors looking to enter the Madeiran real estate market.
Key features:
Prime Location: Situated in a high-demand area in the centre of Funchal in Santa Luzia, this villa benefits from easy access to a wide range of amenities, including restaurants, shops, public transport and leisure areas.
Project: With the possibility of five T0 apartments, this property offers an excellent opportunity for profitability by renting to tourists or local residents. With some works done.
Versatile Space: T0 apartments offer a versatile layout that can appeal to a wide range of tenants, from solo travelers to couples looking for a comfortable stay in the city center.
Potential for Value: With the continuous urban development in the central area of Funchal and the growing popularity of tourism in Madeira, this property has a strong potential for appreciation over time.
Guaranteed Investment:
With a stable and growing property market in Madeira, this villa to restore offers not only a safe investment but also a unique opportunity to be part of Funchal's vibrant urban scene.
Don't miss the opportunity to acquire this unique property and turn it into a profitable investment in the heart of the island of Madeira.
IT HAS NO PARKING OR CAR ACCESS
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