Gebäude zu verkaufen auf Funchal in der Nähe von: Torrinha (Insel), Portugal

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

Unique Investment Opportunity! Are you looking for the ideal place to invest? We present an exclusive building, located in the heart of the city, that offers a perfect combination of versatility, elegance, and convenience. Property Features: Privileged Location: Situated in a strategic area of Funchal, close to shopping centers, schools, and with easy access to the city’s main roads. Ample and Versatile Space: The building features two T0 apartments (studio apartments), each with its own kitchen and bathroom, perfect for various purposes, from residential living to local accommodation (short-term rentals). Private Garage and Outdoor Patio: The convenience of a private garage is a standout feature, providing practicality and security, complemented by a pleasant outdoor patio. Quality Finishes: The building was designed with high-quality materials, ensuring durability and a modern aesthetic. Ideal For: Investors seeking a solid return in the real estate market. Anyone looking for a versatile investment that can be adapted for different purposes. Don’t miss this opportunity! Contact us now to schedule a visit and see all the details of this incredible property. #ref: 106511

Prédio no Centro do Funchal - Oportunidade Exclusiva! Situado no coração do Funchal, este edifício de 4 pisos oferece um enorme potencial de valorização. Composto por 12 quartos e estacionamento para até 8 viaturas, encontra-se numa zona privilegiada, com fácil acesso a comércio, serviços, universidades e transportes públicos. O imóvel necessita de remodelação, mas é ideal para desenvolver projetos como: Alojamento local ou hostel Residência para estudantes Apartamentos para arrendamento de longa duração Excelente oportunidade de investimento, tanto para rentabilidade imediata como para valorização a médio/longo prazo. Aproveite esta chance de investir numa das localizações mais procuradas do Funchal! #ref:DR487

An excellent investment opportunity in Funchal, offering a fully designed and approved development project ready to move forward. The property is currently in ruin condition, providing a clear redevelopment opportunity in one of Madeira’s most desirable and high-demand locations. The project has already been professionally designed and approved, with the applicable planning/licensing process completed. The next step is the formal collection/lifting of the construction licence from the council, allowing the buyer to begin the building phase. This is an ideal opportunity for investors, developers, or buyers looking to create a modern income-generating asset in Funchal, with a mix of residential units, commercial space, and short-term rental potential. Approved Project Overview The approved project has been designed to include: 7 residential units in total 1 x Four-bedroom apartment 6 x One-bedroom apartments Commercial area Potential for 2 parking spaces Lift access Energy-efficient design Solar panels Basement/service area designed to support building operations The building layout has been carefully planned to support residential use and may also be suitable for short-term letting or Airbnb-style accommodation, subject to the buyer’s final strategy and applicable local requirements. Investment Highlights This project offers a rare chance to acquire a development opportunity where much of the preparation has already been completed. Instead of starting from zero with design and approval processes, the buyer benefits from an already approved project, helping reduce uncertainty and accelerate the path toward construction. The combination of residential apartments, commercial space, lift access, energy-efficient systems, and potential parking makes this an attractive option for investors seeking a strong long-term asset in Madeira. Funchal continues to see demand from local residents, international buyers, remote workers, relocation clients, and tourists, making well-located residential and mixed-use projects especially attractive. Key Features Location: Funchal, Madeira Current Condition: Ruin / redevelopment property Project Status: Approved project Use: Residential and commercial Residential Units: 7 apartments Apartment Mix: 1 x T4 and 6 x T1 Commercial Space: Included in project Parking: Potential for 2 spaces Lift: Included in design Energy Efficiency: Solar panels and efficient building systems Short-Term Rental Potential: Designed with operational support areas suitable for rental management Documentation: Project details available on request Ideal Buyer Profile This property is suitable for: Property developers Real estate investors Buy-to-let investors Short-term rental / Airbnb operators Investors seeking a mixed-use building in Funchal Buyers looking for an approved project ready to progress Important Note The images include both the current condition of the building and architectural renders of the approved #ref:KWPT-025664