Property details
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District
Ilha da Madeira -
County
Funchal -
Locality
São Pedro
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Area
260 m²
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Price
450.000 € -
Energy Rating
Avaliação em curso
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Property code
IC_1289
Description
Building consisting of two floors, with about 260 m² of total area.
In terms of housing, the building allows different approaches to use, depending on the buyer's objective:
Maintain the existing housing fraction, suitable for permanent residence, with balanced areas and good functionality.
Reconfigure the space in several T0 units, a highly sought-after solution in the rental market, whether for short or long term, enhancing the overall profitability of the property.
On the ground floor there is currently a rented commercial space, guaranteeing a source of income from day one, which makes this property particularly attractive to investors.
As an added value, the building has a façade/side with excellent visibility, with the potential to install outdoor advertising, with the necessary authorisations. This feature allows you to generate a complementary income, further increasing the attractiveness and profitability of the investment.
A solid and versatile proposal, which adapts both to those who want to live and to those who seek to invest strategically, or even combine both aspects in a single real estate asset.
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