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595 000 €
House T3 in Santo António, Funchal
Funchal, Ilha da MadeiraHouse T3 in Santo António with 1 974 m²
1 974 m²
3 Bedrooms
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House T3 for sale
Unique Opportunity in Funchal: House in Need of Renovation + Buildable Land (2,140 m²) Next to Madeira Shopping Excellent investment opportunity in the parish of Santo António! This property, with a total area of 2,140 m², stands out for its strategic location—just a few minutes from Madeira Shopping—and for its tremendous versatility for both urban and agricultural use. Key Features: Old House in Need of Renovation: A property with a traditional structure and strong character, ideal for a complete renovation project (as a primary residence or investment). Land for New Construction: A plot of land with approved zoning and potential for standalone construction. Adjacent Multipurpose Land: Generous outdoor space with potential for a private parking lot, recreational areas, a garden, or an urban farming plot. Prime Location: Situated in a quiet area yet with immediate access to Madeira Shopping, shops, services, public transportation, and the expressway. Development Potential: Exclusive Family Project: Renovation of the main house and construction of a second home or more on the additional lot. Developer / Investor: Generate returns by developing standalone residential units for sale or long-term rental. Urban Farm: Opportunity to maintain a large private green space, for agricultural use or parking, in the center of Santo António. A rare property on the current market in Funchal, combining a central location, a large lot, and multiple options for generating income. Schedule your visit today and come see this property’s full potential!
Details
Construction Year- -
Gross Area m²- -
ElevatorNo
Private Gross Area m²1 974
Living Area m²167
GarageNo
Total Lot Size m²2 140
Price m²301 €
Floor- -
Location
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Origin Listing reference:id. KWPT-037865
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