Block of apartments for sale in Madeira, Funchal, Portugal

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Block of apartments for sale in Madeira, Funchal, Portugal

Selling

Block of apartments for sale in Madeira, Funchal, Portugal

2.800.000 €

(0)
4 Views
Sep 07, 2025

Madeira, Funchal, Portugal

Description

This impressive property spans a total gross area of 1,908 square meters, situated on a generous 1,459 square meter plot along Rua Arcebispo D. Aires in the thriving Viveiros district—an area renowned for its excellent accessibility and growing appreciation. Featuring significant renovation potential, this versatile property presents a fantastic opportunity for redevelopment, making it ideal for a boutique hospitality project that capitalizes on its strategic location and distinctive character. Alternatively, the site offers superb prospects for residential development, with flexible options to suit diverse investment strategies. Whether envisioned as a vibrant tourist accommodation or a stylish residential estate, this property stands out as a promising asset in a sought-after area.

Block of apartments

Data source: https://www.rightmove.co.uk/properties/163624586?currencyCode=GBP#/?channel=OVERSEAS

Overview

Property ID: ed44f63b-97c5-454e-92ed-d644e311ca72

Type: Apartment, House

Property Type: Secondary

Floors: 1

Bedrooms: 3

Bathrooms: 2

Reception Rooms: 1

Parking Spaces: 1

Year Built: 2023

Basement: Yes

Patio/Terrace: Yes

Roof Terrace: Yes

Landscaped Garden: Yes

Communal Garden: Yes

Basement Area: 100 sqm

Garden Length: 50 sqm

Garden Orientation: south

Interior Condition: new_build

Architectural Style: contemporary

Flooring Materials: other

Interior Condition: needs_modernisation

Architectural Style: other

Flooring Materials: other

Amenities and features

Air Conditioning

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