$1,061,528

Rare Find In Funchal's Old Town: Historic Home W

  • 4 Beds
  • 2 Baths
  • 4,758 Sqft
  • 10,226 Sqft lot
  • Updated: November 5

About the Property

Can you imagine owning one of the last great historic sanctuaries in the beating heart of Funchal?

We present a truly exclusive opportunity on the iconic Rua Bela de São Tiago. We are not just selling a restoration project; we are presenting a ’diamond in the rough’ with 950m² of urban land, located in one of the city’s most prime and authentic areas, just steps from the sea and the vibra
Can you imagine owning one of the last great historic sanctuaries in the beating heart of Funchal?

We present a truly exclusive opportunity on the iconic Rua Bela de São Tiago. We are not just selling a restoration project; we are presenting a ’diamond in the rough’ with 950m² of urban land, located in one of the city’s most prime and authentic areas, just steps from the sea and the vibrant life of the Old Town (Zona Velha).

This property represents a secure and versatile asset. Whether your goal is to create the luxury home of your dreams, a charming Boutique Hotel, or an exclusive tourism development, the ’canvas’ is ready for your masterpiece.

WHAT MAKES THIS PROPERTY UNIQUE:
- Premium Location: Strategically situated between Rua Bela de São Tiago and Rua do Padre Laurindo, it benefits from dual street frontage, ensuring easy access and greater architectural flexibility. It is steps away from renowned restaurants, the Farmers’ Market (Mercado dos Lavradores), beaches, and the cable car.

- The Luxury of Space: In an area where every square meter is highly contested, having nearly 1,000m² of land is a privilege. The current outdoor area (692m²) allows for what few properties in the center can offer: a lush garden, a private pool, and private parking.

- Architecture with Soul: The existing house (442m² gross area) retains its traditional Madeiran character. The high ceilings, stonework, and elevated positioning give it a natural grandeur that calls for a renovation blending history with contemporary comfort.

INVESTMENT POTENTIAL:
- Prestigious Residence: Transform the existing structure into an urban mansion with total privacy in the city center.
- Charming Tourism: The lot configuration and location are ’Gold’ for Guesthouses or high-end local accommodation.

TECHNICAL SUMMARY:
- Total Land Area: 950 m²
- Gross Construction Area: 442 m² (2 Floors)
- Access: Main street frontage + rear access.
- Condition: For total renovation/restoration.

Don’t miss out on this piece of history. Properties of this size and location in Funchal’s Old Town rarely come to market twice!
Energy Rating: E
#ref:KWPT-024395
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  • Property type

    House

  • Year built

    1920

  • Price/sqft

    $223

  • Emissions

    NI

  • Consumption

    E

Features

Features

Lot

Indoor

  • High Ceiling

Outdoor

Explore the Area

Rua Bela S Tiago, Santa Maria Maior, Madeira, Portugal View on Google Maps
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KW Alfa Madeira

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KW Alfa Madeira
Portugal
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131
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2026
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KW Alfa Madeira
Portugal
View agency profile
Last updated
November 5
First listed
November 4
Listing reference
KWPT-024395-0526915618
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