Single Family Detached Santa Maria Maior

Have you ever imagined owning one of the last great historic strongholds in the beating heart of Funchal? We present a truly exclusive opportunity on the iconic Rua Bela de São Tiago.

This is not just a house to restore; it is a ”diamond in the rough” with 950m² of urban land, located in one of the most noble and authentic areas of the city, just meters from the sea and the lively Old Town.

This property represents a secure and versatile heritage asset. Whether to create the luxury home of your dreams, a charming Boutique Hotel, or an exclusive tourist 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 frontage on two streets, ensuring easy access and greater architectural flexibility. It is steps away from renowned restaurants, the 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 courtyard (692m²) offers what few properties in the center provide: a lush garden, a private pool, and private parking.
- Architecture with Soul: The existing house (442m² gross area) retains traditional Madeiran features. High ceilings, stonework, and elevated placement give it a natural grandeur that calls for a restoration blending historic charm with contemporary style.

INVESTMENT POTENTIAL:
- Prestigious Residence: Transform the existing structure into an urban mansion with complete privacy in the city center.
- Charming Tourism: The lot’s layout 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: Requires full restoration.

Don’t miss this piece of history. Properties of this size and location in Funchal’s Old Town don’t come around twice!