House for sale in Funchal with 3 bedrooms – ID 2276626

Building in Funchal Old Town Investment Opportunity We present this building located in one of the most emblematic and sought-after areas of Funchal: the Old Town (Zona Velha). A location full of character, surrounded by historic streets, restaurants, local shops and close to the sea. The property is sold for renovation, allowing the new owner to define the concept, finishes and layout according to their investment strategy and vision. The project offers the possibility of creating two independent units: - Studio apartment (T0) on the entrance level, with a practical and functional layout; - One-bedroom apartment (T1) on the upper floor, featuring a private terrace, a valuable asset in such a central location. The renovation provides the opportunity to transform the building into a modern and attractive property while preserving the character and unique setting that make this area so desirable. The surrounding area offers a wide range of amenities and attractions, including restaurants, bars, traditional shops, the marina, cable car and several of Funchals main points of interest, all within walking distance. Thanks to its location and potential, this property represents an attractive option for investment, long-term rental or tourist accommodation. - Main Features: Located in Funchal Old Town Property sold for renovation Potential for T0 + T1 Private terrace on the upper floor Situated in a high-demand area Close to the city centre, marina, restaurants and local shops Strong potential for value appreciation following renovation An excellent opportunity to acquire a building in a prime location and create a tailored project with strong potential in one of Funchals most authentic and desirable areas.

3 bedroom house

Funchal, Madeira, Portugal

Location