Edificio Funchal

Historic building located on Rua das Mercês, in the heart of Funchal, known as the former Escola das Mercês. Property with great investment potential, consisting of 4 rooms, situated on a plot of approximately 1,114 m2 of gross area and 637 m2 of construction area. It stands out for its large interior courtyard, a rare feature in the city center, offering multiple possibilities for use. An excellent opportunity for development of: * Offices * Apartments * Local accommodation * Charming residence in central Funchal The building preserves original architectural features from 1937, giving identity, character, and historical value to the property. Located within a designated URA (Urban Rehabilitation Area), this property qualifies for IFRU application, facilitating access to financing for urban rehabilitation projects and heritage enhancement. Privileged location in central Funchal, with easy access to shops, services, restaurants, and historic areas of the city. Ideal for investors or those seeking a unique project in one of Funchal’s most emblematic areas.