Oportunidade de investimento no Funchal, Ilha da Madeira
Four-story mixed-use building (commercial and residential) located in the historic area of Funchal, Madeira Island, Portugal, with stunning views of Funchal Bay. Ideal for those seeking a guaranteed monthly income from renting the ground-floor garage and wishing to transform the first floor into tourist accommodation, obtaining a good return on investment. The second and third floors can be transformed into an excellent penthouse through renovation/remodeling works, ideal for those who wish to live and enjoy a privileged area, close to traditional/local shops and the Funchal market, and benefit from the tax advantages applied by the ARU – Urban Rehabilitation Areas.
Commercial
Property ID: 76882
For:
Sale
Habitable:
Yes
Condition:
2nd hand
Floor area:
170 m²
Size of land:
465 m²
Built in:
1940
Presently:
Empty
Structure:
Brick, Stone.
No. of bathrooms:
4
Floor:
Multiple floors
Portugal
Madeira
Address:
Rua Bela de São Tiago, 53 e 55
Funchal
Close to:
Historic centre, School, Hospital, Shopping area, Park, Public square, Leisure centre, Touristic area.
