Building - Santa Luzia, Funchal, for sale

Building located in a central and privileged area of ​​Funchal, an excellent opportunity for those looking to invest in the tourist or housing sector.

With a large construction area, spread over three floors, this property offers enormous potential for local accommodation projects (AL), residential apartments or even for the creation of homes with a garage. The versatility of this property allows it to suit different profitability strategies.

Building Highlights

• Total land area: 146 m²
• Implementation area: 126 m²
• 12 large rooms, ideal for transforming into several autonomous units
• Robust structure, ready for personalized adaptations and improvements
• Central location with easy walking access to the center of Funchal

Strategic Location

Located on Rua dos Arrependidos, this building benefits from proximity to various services such as supermarkets, schools, pharmacies and public transport. A short distance from the heart of Funchal, it offers unique convenience for residents and tourists, making it perfect for exploring the city on foot. This location makes the property attractive for different types of projects, from tourist rentals to permanent housing.

Monetization Potential

With space for adaptations such as creating garages or reconfiguring floors for multiple apartments, this building is a strategic investment. Madeira continues to attract national and international visitors, and this property is well positioned to benefit from this growing market. With an energy rating of E, there is still room to implement improvements that increase efficiency and market value.

"Property does not have licensing under decree law 10/2024 of January 8"

📞 Get in Touch Today!
Schedule a visit and discover how this property can be transformed into a profitable business. We are available to answer all your questions and help you design your next successful project.

Edson Rodrigues
(351) 932 353 592
“call to national mobile network”

Live in Paradise: Discover Madeira
The Madeira Archipelago is a true treasure trove in the Atlantic, known for its stunning natural beauty, year-round mild climate, and exceptional quality of life. With landscapes ranging from lush green mountains to stunning cliffs and paradisiacal beaches, this destination is perfect for those looking for a home in a quiet and sophisticated setting.

Whether you want to live permanently, invest or have a holiday residence, Madeira offers a modern infrastructure, security, a rich gastronomy and a vibrant culture. In addition, frequent air connections make it easy to connect with Europe and the world.

Discover unique properties where you can enjoy the best that nature has to offer, with panoramic views of the sea and a relaxing lifestyle. Find your dream home in Madeira and let yourself be enchanted by this piece of paradise!