850 000 €

Building in Sé, Funchal

Funchal, Ilha da Madeira

465 m²

Elevator

Energy efficiency

Building for sale

Building in the Center of Funchal | Investment Asset with Multiple Profit Scenarios In the historic heart of Funchal, just a few minutes' walk from the Sé Cathedral, this building offers approximately 400 m² of built area and represents a genuine opportunity for those looking to create value in the city center. The property requires full rehabilitation and is set on a plot with a rare interior open space for this central locationideal for the creation of an interior garden, private courtya...Building in the Center of Funchal | Investment Asset with Multiple Profit Scenarios In the historic heart of Funchal, just a few minutes' walk from the Sé Cathedral, this building offers approximately 400 m² of built area and represents a genuine opportunity for those looking to create value in the city center. The property requires full rehabilitation and is set on a plot with a rare interior open space for this central locationideal for the creation of an interior garden, private courtyard, or a distinctive common area, an increasingly valued feature in urban development projects. The building's layout allows for multiple investment strategies, including: Development of 3 independent Alojamento Local (short-term rental) units with separate entrances Creation of a boutique hostel Offices, co-working spaces, or service-oriented uses Or a mixed residential/tourism concept The potential for up to three independent accesses enables flexible solutions, easily adapted to the investor's strategy and current market demands. An absolutely strategic location, surrounded by shops, restaurants, services, public transport, and Funchal's main tourist attractionsan essential factor for projects with strong demand and sustainable value appreciation. Asset Summary: Approximate built area: 400 m² Premium central location - Sé, Funchal Building for rehabilitation with high value-add potential Spacious interior area with potential for an interior garden Flexibility for multiple operating models Excellent fit for urban or tourism-driven investment An opportunity designed for visionary investors seeking a true 'diamond in the rough' in the city centerwhere the right project can make all the difference. Openness to reviewing structured proposals, including creative solutions that may incorporate part of the value in a habitable property within the city. Call now: + (phone hidden)

Details

Construction Year- -

Gross Area m²465

ElevatorYes

Private Gross Area m²465

Living Area m²- -

GarageNo

Total Lot Size m²256

Price m²1 827 €

Floor- -

Location

Attributes

Elevator

Air Conditioning

Swimming Pool

Central Heating

Mortgage Simulator

Deed Real Estate

AMI 12842

+351 291 102 *** See number

Call to national landline network

+351 938 937 *** See number

Call to national mobile network

Building in Sé, Funchal

Building in Sé with elevator