Residenziale Imaculado Coração Maria

Historic Estate with Approved Project for Luxury Boutique Hotel in Funchal Quinta da Cova represents one of the rarest investment opportunities currently available in Madeira. Situated on an urban plot of approximately 4,900 m², this historic property, over 200 years old, enjoys a privileged location in Funchal. It offers privacy, panoramic views over Funchal Bay and the Atlantic Ocean, and a unique setting combining heritage, nature, and proximity to the city center. Beyond the historical and architectural value of the existing estate, the property includes a structured project for developing a luxury boutique hotel with 34 units. The design integrates the restoration of the original heritage with new accommodation and service areas, carefully adapted to the natural topography of the land. The proposal includes: - Rehabilitation of the historic estate - Creation of new hospitality areas - Implementation of a concept aimed at the premium segment This project has potential for wellness facilities, exclusive experiences, private events, and high-quality international tourism. Key Highlights * Urban land of about 4,900 m² * Historic estate with over two centuries of history * Panoramic sea and Funchal Bay views * Project for a 34-unit boutique hotel * Licensing and feasibility studies prepared * Strategic location just minutes from the city center * Strong potential for value appreciation and tourism development * Rare asset in a market with increasingly limited supply Madeira continues to establish itself as one of Europe’s most sought-after tourist destinations, benefiting from an exceptional year-round climate, high international demand, and growing interest in distinctive luxury accommodation experiences. In this context, Quinta da Cova combines features increasingly hard to find on the market: historic heritage, size, location, definitive views, and development potential. This is a unique opportunity for investors, developers, and operators looking to create a landmark project in one of the Atlantic’s most exclusive destinations. For more information or to schedule a visit, please get in touch.