Building to rehabilitate in central Funchal - Rua da Alfândega - Heart of Funchal

$969,000

€1,000,000

Funchal

Building • 14 room(s) • 14 Bed. • 6 Bath. • 916.5 m² • Ref: e824bdbe-2d8c-4a8a-a409-fa65378488c2

Building to rehabilitate downtown Funchal, is located at Rua da Alfândega near the Regional Legislative Assembly. It is an old  urban manor of the early nineteenth century within the tradition of Funchal. It consists of four floors and a tower on the top of the building, with a total area of 1158.00 m2, allowing the construction of  another floor with a sublime view of the amphitheater of Funchal. The building has a huge potential for investment, allowing a wide range of business possibilities, given its characteristics and  location, allows the transformation into a small hotel, hostel, tourist apartments, offices, etc… It is located within an Urban Rehabilitation Area (ARU) of the city of Funchal, so you can enjoy all the incentives available for this  program. If you are looking for a property with these characteristics or if you are a real estate consultant, do not hesitate to contact me, KW  Area Madeira is proud to share business with all AMI licensed real estate in a 50% -50% system.

Spaces

Rooms14
Bedrooms14
Bathrooms6

Surfaces

Living916.5 m²
Land360 m²
Internal1158.5 m²

Funchal

Energy efficiency ratingNo data
Environmental (CO₂) impact ratingNo data
ID1212-1331