Building In Santa Luzia Funchal, Madeira Island

Building in Santa Luzia - Funchal! In Funchal, find this 4-story building with great potential for appreciation. With a land area of 250sqm and 350sqm of construction, the property features 12 bedrooms and a courtyard, a rare feature in the city center.

Located in a prime area with immediate access to shops, services, and public transport, this building is an excellent base for various types of investment. Although it requires renovation work, it presents a unique opportunity to develop projects such as:

- Local Accommodation or Hostel
- Apartments for Long-Term Rental

It has a courtyard that adds value to the space. This property combines a strategic location and versatile use, making it ideal for investors seeking immediate profitability and future appreciation.

Take advantage of this opportunity to invest in one of the most sought-after and valued areas of Funchal! (ref PD-055663)