Building located in the Historic Center of Funchal, consisting of 5 floors, with a total construction area of 770 m² and an outdoor area of 380 m², corresponding to a patio currently used as parking for 25 vehicles.
The property benefits from two street fronts, with independent access to garages, a rare feature in this central area of the city.
Currently used for services, the building offers great versatility of use, being ideal for offices, clinics, or corporate headquarters. There is also high potential for appreciation, with the possibility of conversion into apartments for Local Accommodation (AL) or change of use to housing, subject to the respective licenses.
This is a unique and rare opportunity in the heart of the Historic Center of Funchal, both for investment and for the development of a distinctive project.
Energy Rating: D
#ref:KWPT-026361
- Areas
- Net Area:615.00m2
- Gross Area:740.00m2
Similar Properties
With a private gross area of 288.8 m² spread over two floors, this space stands out for its versatility and excellent facilities for logistics, storage, or even services.
It benefits from spacious common areas and parking, providing a functional and organized environment for any type of business.
The property offers direct access for loading and unloading, making it ideal for businesses that ...
A building consisting of 4 floors and 12 rooms, located on Rua de Santa Luzia, just 5 minutes from Funchal. This is undoubtedly an excellent investment opportunity, whether for renovation into a residential unit or a boutique hotel, allowing you to recover your investment within a few years.
There is also the possibility of creating up to 12 studio apartments (T0), either for permanent housing or for tourist accommodation.
This property is truly...