Property details
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District
Ilha da Madeira -
County
Funchal -
Locality
Santa Luzia
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Area
231 m² -
Plot area
107 m²
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Price
695.000 € -
Energy Rating
D
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Property code
1729
Description
Excellent opportunity to live or invest in the heart of Funchal, in a quiet residential area of Santa Luzia, with privacy, good sun exposure and exceptional location.
Traditional Madeiran house, inserted in an Urban Rehabilitation Area (ARU), allowing you to benefit from tax incentives in the acquisition and rehabilitation. It has 231 m² of gross construction area and has high potential for reconversion, making it possible to create up to 4 apartments (depending on the typology).
The current distribution is made over three floors:
- Ground floor: Closed garage for 2/3 cars, support toilet and with interior access to the 1st floor.
- 1st Floor: Large living room, very spacious kitchen with pantry and a versatile annex of 45 m², which could be adapted into another flat with patio and private terrace of 45 m², perfect for leisure.
- 2nd Floor: 1 suite, 2 bedrooms, 1 full bathroom and large, airy balcony facing south, ensuring excellent natural light.
Located just a few minutes from the city centre, with easy access to all kinds of commerce, services, schools and others.
A versatile property, ideal for both own housing and investment projects with strong potential for appreciation.
Contact us for more information or to schedule your visit.
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