990.000 €
Grundfläsche 190 m²
In the heart of Funchal’s Old Town, amidst historic streets, character-filled façades, and the vibrant atmosphere of one of the city’s most iconic districts, lies this truly unique property. Spread across four floors, this historic building comprises three independent units: a ground floor designated for covered parking, and the first and second floors allocated for residential use. On the top floor, a rooftop terrace with views over the Atlantic Ocean adds a distinctive dimension to the property, further enhancing its potential for a high-quality development project. All of this is set in an exceptional location, rich in character and authenticity, which make Funchal’s Old Town so special. Its layout and location offer a variety of development possibilities, from a charming boutique hotel or Bed & Breakfast to a carefully designed tourist accommodation project, or even the creation of high-end contemporary apartments, while preserving and enhancing the architectural elements that define the building’s identity. To live or invest here is to be at the centre of the Funchal experience. Restaurants, bars, galleries, cultural venues, and local commerce are right on the doorstep, while the seafront and ocean promenade are just a short walk away. The surrounding area combines the authenticity of the historic centre with the growing demand for distinctive residential and hospitality experiences. More than just a building, this property represents an opportunity to preserve a piece of Funchal’s history and reinterpret it for a new generation, creating a project where architecture, heritage, and a contemporary vision of comfort and hospitality coexist in harmony. A property distinguished by its history, character, and unparalleled location, in one of the most sought-after and authentic areas of Funchal. A project for those who recognise the value of heritage. A location for those who seek the extraordinary. #ref:KWPT-038823
