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Unique investment opportunity in Funchal: Luxury T4 +1 duplex with an active and transferable Local Accommodation (AL) license, located in an area where new license issuance is currently suspended. A turnkey asset with very high potential for profitability and guaranteed appreciation in the city center.
Investment & Exclusivity Asset
Ready-to-Use AL License: Immediate access
Unique investment opportunity in Funchal: Luxury T4 +1 duplex with an active and transferable Local Accommodation (AL) license, located in an area where new license issuance is currently suspended. A turnkey asset with very high potential for profitability and guaranteed appreciation in the city center.
Investment & Exclusivity Asset
Ready-to-Use AL License: Immediate access to the tourist rental market with the current license transferable.
Premium Location: In the prestigious parish of São Pedro, just a 5-minute walk from downtown Funchal and 3 minutes from the Via Rápida access.
Definitive Panoramic View: Privileged sun exposure all year round with unobstructed views over Funchal Bay — a key factor in the average nightly rate.
Proximity: Steps from the Central Hospital, Estádio dos Barreiros, Quinta Magnólia, restaurants, beaches, and essential services.
The Apartment (T4 Duplex + Office)
- Private Area: 1 master suite with private closet, 1 additional suite, and 2 bedrooms served by 1 full bathroom. - Social Area: Spacious living and dining room, independent office, equipped kitchen, laundry, and guest bathroom. - Comfort & Equipment: Air conditioning, integrated sound system, and security alarm. - Rare Parking: Private garage box for 4 vehicles plus 1 simple parking space. - Outdoors: Large balconies with sea views and private garden.
Condominium Infrastructure (Resort Experience)
- Wellness & Spa: Heated indoor pool, jacuzzi, sauna, and Turkish bath. - Outdoor Leisure: Outdoor pool with large solarium and extensive green areas. - Sports & Family: Fully equipped gym, playground, and social room.
The perfect property for those looking to immediately generate income through high-yield Local Accommodation management or for those seeking a superior segment primary residence in Funchal.