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Property for sale

Funchal, Madeira, Portugal

£859,402 *  [€1,000,000]

Property for sale

Funchal, Madeira, Portugal

£859,402 *  [€1,000,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 2100 m2

Features


  • Energy Certificate: C

Full Description


This urban building, with an area of 2,100 m2, is an excellent investment opportunity. Opening to three road fronts, with a gross total built area of 3556 m2, 70% of its area is for residential use and 30% for the tertiary sector. Located in the heart of Funchal, it will allow, for example, the construction of a nursing home or a center of activities in different service areas. The upper floors can also be used for the construction of small accessible apartments of typology 0 or 1 intended for family housing, beginning or end of life, or as local accommodation, which has been in great demand, ensuring a safe return annually. Although being located in the center of Funchal and close to all day-to-day services, the building is located in a quiet area and includes parking, which in the case of rebuilding of the building, can be extended by two floors below ground.
A small chapel, existing inside the same, introduces a note of "building of charm", thus attracting natural and tourists.
It is undoubtedly a space with enormous potential for several service areas.
We´ll be waiting for your visit. Do not miss this opportunity. - REF: 006570 - REF: 006570

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