Discover an exceptional building located in one of Funchal’s most desirable neighborhoods, prominently facing Avenida das Madalenas and easily accessible via Caminho de Santo António. Currently comprising two independent units, this property offers remarkable development potential, with the capacity to be transformed into up to seven modern apartments and two commercial spaces. Situated in a densely populated area with a vibrant mix of residential and commercial activity, this investment presents a compelling opportunity for high-yield growth, whether through innovative development or long-term rental income. Perfect for discerning investors seeking a strategic and solid project, this property combines location, versatility, and potential. Contact us today to learn more and arrange your private viewing.
3 bedroom house
Data source: https://www.rightmove.co.uk/properties/158304773?currencyCode=GBP#/?channel=OVERSEAS
Explore nearby amenities to precisely locate your property and identify surrounding conveniences, providing a comprehensive overview of the living environment and the property's convenience.
Madeira, Funchal, Portugal