T3 House With Annex And Extra Plot

This property has very clear pros & cons and it ́s important to read the information.

On the plus side, the property contains two plots. One with a three-bedroom stone house, an annex building and a grill house, the other an almost flat land with space to build a second house and/or a swimming pool. Both plots are very peaceful & sunny and have ocean views.

The main potential negative here is the lack of vehicle access. Access is via a concrete pathway with around 30 stairs. And while there are plenty of parking spaces on the street nearby, road access will not be possible for this property.

Going back to the plus points, the total land of this property is 730 square meters. And the existing house only needs refurbishing inside to become habitable. The annex house would make a fantastic party room or it ́s large enough to convert into a T0 studio.

The additional land, which currently just has a few fruit trees and vegetables growing in it, has views of the cruise ship port, and has ample room to create a wonderful oasis with a swimming pool. It ́s an ideal sunbathing spot and a gardener’s paradise. Or as both property registration files are urban, with the permission to construct, more buildings can be added.

The house layout is also nice. The ground floor consists of a large living room, kitchen, bathroom, bedroom / office and utility room. The upper level has another bathroom and a bedroom either side and a balcony viewpoint.

The annex sits in from the right hand side of the main cottage, near the grill house. Beyond this lies the remaining land, with fruit trees, vegetables, grass & flowers. A stone wall marks the property limits clearly and the entrance is gated with a post box outside.

Location Highlights

The street has a snack bar at the end, just a minute ́s walk away from the property. This brings us to the notorious ex-railway hill leading down to Funchal centre. There is a bus stop and it ́s a 5-minute drive, so affordable for Bolt / Uber rides also.
This location is slightly higher than the highway line, and the views contain the sea and lower Funchal, as well as the highway bridge. It ́s a good distance though, so no traffic noise affects the serenity.

Breakdown of Property Registration

Property 1: 307 M2 land + T2 habitation building 167 M2
Property 2: 423 M2 land + building permission 252 M2
Total included: 730 M2 with 107 M2 covered ground + 623 M2 uncovered
Property altitude above sea level 258 M2
Energy Certificate rating C - report lists A 2 story house

Who is this property ideal for?

Fit & healthy active people who enjoy walking and have no mobility restrictions. And people who prioritise a quiet spacious home over direct car access.
Creative investors who want to cater for a younger tourism market and provide a mini-resort style accommodation for backpackers who appreciate the proximity to the city and peaceful sunny place to relax after outdoor adventures.

For more information or to organise a viewing, contact us. At Winvicta Real Estate you can count on transparency, professionalism and personalised service.

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Energy Rating: C
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