Gebäude zu verkaufen auf Funchal in der Nähe von: Achada (Insel), Portugal, bis 600 m²

We kindly present these 2 buildings located in the heart of Funchal, an unmissable opportunity for those looking for an investment with excellent profitability potential. If you are looking for a building with versatility to develop a Holiday Rental project, Residential Apartments or even a Boutique Hotel or Hostel, this is an opportunity you do not want to miss. Located on Rua das Mercês and Rua da Saúde, both buildings total 321 sq of land and a gross private area of 506 sq. In total, around 1350sq could be built. It also has a 350 sq basement, including a commercial space for a restaurant with direct access to the road. Both buildings have a road frontage. The property requires reconstruction work, which allows for enormous potential for appreciation, allowing the spaces to be fully customized according to the project in mind. The location is one of its greatest assets - close to multiple services, shops, transport and points of interest in the city, offering convenience and accessibility. Constructive potential of: - 16 1-bedroom apartments or 8 2-bedroom apartments - 3-bedroom penthouse on a set-back floor For greater ease in identifying this property, quote the corresponding KWPT-034740 reference. Contact us for more information or to schedule a visit. Your next investment in Madeira island, is waiting for you. #ref:KWPT-034740

The property’s inclusion in an Urban Rehabilitation Area (ARU) represents a significant advantage for a rehabilitation project, potentially granting access to tax benefits, incentives, and other forms of support associated with urban renewalsubject, of course, to compliance with all applicable legal and regulatory requirements. An investment with high development potential in one of Funchal’s most strategic locations. Situated on Rua 31 de Janeiroin a well-established and highly sought-after area of Funchalthis building, which is ripe for renovation, sits on a 183 m² plot. It offers an excellent opportunity for investors, real estate developers, and builders looking to create a multi-unit residential project in a central location. The property’s location is one of its key assets; it benefits from proximity to Funchal’s city center and a wide range of shops, services, restaurants, amenities, and transport links, ensuring great convenience and strong residential demand. Development potential The property offers the potential to create a multi-unit residential project. A new apartment construction scheme could be explored, taking full advantage of the site’s footprint and permissible building volume. The plot’s layout also allows for the creation of floors above street level, complemented by a lower level (basement) suitable for parking, access points, storage units, or other support areas for the development, subject to the specific project design and applicable urban planning regulations. The potential to develop multiple residential units makes this asset particularly attractive for various strategies, such as selling individual units, leasing them out, or adding value to the development for a future sale. This property represents a prime opportunity for anyone looking to acquire a centrally located asset and develop a real estate project tailored to Funchal’s residential market. Key highlights:- 183 m² plot - Central, highly sought-after location in Funchal (ARU zone) - Rua 31 de Janeiro - Property in need of renovation - Potential for multi-unit development - Potential for parking and support areas on the lower level (basement) - Excellent accessibility and proximity to shops and services - Various investment strategies possible: sale of individual units, long-term rentals, orsubject to applicable regulations and licensingdevelopment of the building exclusively for short-term holiday rentals (*Alojamento Local* / AL). #ref:KWPT-038434

We present this unique building, located in the heart of Funchal, on a 256 m² plot with a construction area of approximately 400 m². The property also boasts a versatile outdoor space, ideal for creating a private garden or barbecue area, providing a pleasant leisure space in the heart of the city. Its location is one of its greatest assets - close to all services, shops, transportation, and points of interest in the city, offering convenience and accessibility. This property represents an excellent opportunity for both permanent residence and investment in Local Accommodation (AL), benefiting from the region’s high tourism potential. Highlights: Land: 256 m² Construction area: 400 m² Outdoor space with potential for a garden or barbecue Prime location in the center of Funchal Great potential for Local Accommodation or family housing Don’t miss this opportunity to invest in one of Madeira’s most sought-after areas. #ref:KWPT-020071