Building With Potential For Hostel Or Guesthouse|Stunning View Over Funchal|Santo António

We present this unique property, located in the peaceful parish of Santo António, Funchal - a perfect investment for those looking to tap into local tourism and maximize profitability. Ground Floor - Reception and Common Areas Upon entering, you will find a spacious open-plan living area, ideal for creating the reception, lounge, and dining area for guests. The fireplace adds a cozy touch, and the fully equipped kitchen ensures all the functionality needed for breakfast service or group meals. This floor also includes a guest bathroom and direct access to the outdoors, where a generous outdoor area with barbecue can be transformed into a leisure zone, with the possibility of installing a jacuzzi or removable pool. The ground floor also offers direct access to the garage and features two independent studio apartments (T0), perfect for private accommodation, ideal for guests seeking greater autonomy. 1st Floor - Private Rooms with a View The first floor consists of three bedrooms, a shared bathroom, and a suite with direct access to a spacious balcony boasting panoramic views over Funchal. An ideal setting to offer guests unforgettable moments, especially during the famous New Year’s Eve fireworks display. 2nd Floor - Multifunctional Attic The attic, with its own bathroom, offers great versatility and can be converted into a shared dormitory, games room, gym, or private events space. Highlights for Investors and Tourism Operators: Two independent studio apartments, ready for immediate accommodation Bedrooms and suites with panoramic views over Funchal Spacious and welcoming common areas Outdoor space with barbecue, perfect for guest socializing Garage for 2 vehicles + storage area Attic with bathroom and great adaptation potentialPre-installation for air conditioning and outdoor jacuzzi This property combines a strategic location, stunning views, and a perfect layout to be transformed into a modern hostel or distinctive guesthouse. An unmissable opportunity for those looking to invest in Madeira’s tourism sector. (ref PD-053965)