Strategically located in the dynamic heart of Funchal’s city center, this prime commercial property offers a rare investment opportunity in one of the area's most sought-after districts. Situated adjacent to Escola Básica e Pré-Escolar dos Ilhéus, the property boasts a total area of 264.5 square meters, with potential for division into two distinct units to suit a variety of business needs. Priced at €800,000, this versatile space is ideally suited for supermarkets, retail outlets, showrooms, or office environments, providing an exceptional platform for success.

Spanning 511.5 square meters across two levels, the property is nestled in a bustling neighborhood surrounded by residential complexes, a hospital, hotels, and a shopping center—ensuring high visibility and a steady flow of both local residents and visitors. The premises feature a dedicated side entrance with a loading bay, facilitating seamless logistics for inventory-heavy operations such as supermarkets. Its flexible layout allows for division into separate units, offering opportunities for rental income or tailored business configurations.

Key features include a prominent city-centre location with excellent footfall and exposure, a high-density residential environment bringing a diverse customer base, and proximity to essential amenities that enhance its commercial appeal. The property presents a turnkey investment opportunity with strong rental demand and attractive return on investment potential.

Imagine the possibilities—whether establishing a retail hub, supermarket, or leasing the space to multiple tenants—this space is designed to meet the demands of a thriving commercial environment. Don’t miss out on this exceptional opportunity; contact us today to arrange a viewing or learn more about this outstanding property in Funchal’s vibrant city center.

Workshop

Data source: https://www.rightmove.co.uk/properties/157856246?currencyCode=GBP#/?channel=OVERSEAS