Spectacular estate located in the parish of São Pedro, in theilhéus area, five minutes from the center of Funchal. It is only 2 minutes from the hospital, with all the public services we need around the day. Very well served by public transport still has close by, supermarkets, restaurants and all kinds of commerce.
With a privileged connection to the expressway puts us only 20 minutes from the airport.

This century-old estate consists of several villas, five of which have a typology T1 and the main house with a typology T3. There is also a garage, games room and a car park that is shared by everyone.

There is a balance between nature and existing buildings, with large green areas, where you can stroll and relax. It is a privileged place, for its quiet and harmony throughout its 3100 m2.

Its garden is spacious, exquisite with trees and plants many pleasant and varied, making the outdoor space very attractive and cozy perfect for guests and friends.

The property has a traditionalist, Madeiran-style air, and has potential for tourist investment, while active has been used over the years as tourist accommodation.

At this time there are 3 possible solutions for this property.

- Keep it with the existing typology and recover all the villas and green spaces and use it as local accommodation and space for holding wedding parties. There is also room for the construction of more infrastructure.

- Change its typology and transform into a farm for own housing, with improvement in the main house and make this farm typically Madeiran, returning to its initial time.

- Completely change the entire typology of the farm and transform an approved project into 14 luxury apartments, with the construction index of 0.95%, and if you want to build something different, this subject to the new construction index of 0.80 x 1800=1440 m2 (up to 30 meters from the road) and 0.60 x 1200=720 m2 (distance above 30 meters). Balconies and spaces for vehicles, do not count, for construction index.

This is the opportunity to acquire a unique space in the heart of Funchal city, because fewer and fewer there are estates with this versatility and in this location.

Are you interested? Don't miss this Oportunity, book your viewing now!
- REF: 006782