1 100 000 €

House T4 in São Martinho, Funchal

Funchal, Ilha da Madeira

514 m²

4 Bedrooms

2 WC

Garage

Energy efficiency

House T4 for sale

Property with Excellent Investment Potential in São Martinho – Funchal Located in one of the most sought-after areas of São Martinho, this property stands out for its excellent location and significant potential for appreciation, presenting an attractive opportunity for investors or anyone looking to develop a substantial real estate project. The property comprises three houses, offering a variety of possibilities for renovation, modernisation and future use. The first house is in good condit...Property with Excellent Investment Potential in São Martinho – Funchal Located in one of the most sought-after areas of São Martinho, this property stands out for its excellent location and significant potential for appreciation, presenting an attractive opportunity for investors or anyone looking to develop a substantial real estate project. The property comprises three houses, offering a variety of possibilities for renovation, modernisation and future use. The first house is in good condition and consists of four bedrooms, two bathrooms and several communal living areas, providing a comfortable residential space with good potential for immediate use. The property also includes a garage currently rented out for use as a car repair workshop, offering a potential source of rental income. The other two houses require complete renovation, allowing future owners to redesign the spaces according to their needs and create modern, functional living environments. Beyond renovating the existing buildings, the entire property could offer an excellent opportunity to develop a modern residential project, subject to urban planning feasibility and the necessary permits and approvals. This would allow investors to maximise the potential of both the land and its prime location. Situated in São Martinho, an area of high demand in Funchal, the property offers considerable investment appeal, whether for rental income, redevelopment or the creation of a distinctive residential development. A unique investment opportunity for those seeking a property in an excellent location with the potential to create a valuable and forward-looking real estate project.

Details

Construction Year1988

Gross Area m²514

ElevatorNo

Private Gross Area m²514

Living Area m²355

GarageYes

Total Lot Size m²1 850

Price m²2 140 €

Floor- -

Location

Attributes

Garage

Terrace

Storage Room

Garden

Mortgage Simulator

CENTURY 21 Prestige

Funchal, Ilha da Madeira

AMI 9318

Dilia Gonçalves

+351 910 790 *** See number

Call to national mobile network

House T4 in São Martinho, Funchal

House T4 in São Martinho with parking