$1,771,247

Apartment São Pedro

  • 4 Beds
  • 4 Baths
  • 3,713 Sqft
  • 2.77 Ac lot
  • Updated: Today

About the Property

Unique investment opportunity in Funchal: Luxury T4 +1 duplex with an active and transferable Local Accommodation (AL) license, located in an area where new license issuance is currently suspended. A turnkey asset with very high potential for profitability and guaranteed appreciation in the city center.

Investment & Exclusivity Asset

Ready-to-Use AL License: Immediate access
Unique investment opportunity in Funchal: Luxury T4 +1 duplex with an active and transferable Local Accommodation (AL) license, located in an area where new license issuance is currently suspended. A turnkey asset with very high potential for profitability and guaranteed appreciation in the city center.

Investment & Exclusivity Asset

Ready-to-Use AL License: Immediate access to the tourist rental market with the current license transferable.

Premium Location: In the prestigious parish of São Pedro, just a 5-minute walk from downtown Funchal and 3 minutes from the Via Rápida access.

Definitive Panoramic View: Privileged sun exposure all year round with unobstructed views over Funchal Bay — a key factor in the average nightly rate.

Proximity: Steps from the Central Hospital, Estádio dos Barreiros, Quinta Magnólia, restaurants, beaches, and essential services.

The Apartment (T4 Duplex + Office)

- Private Area: 1 master suite with private closet, 1 additional suite, and 2 bedrooms served by 1 full bathroom.
- Social Area: Spacious living and dining room, independent office, equipped kitchen, laundry, and guest bathroom.
- Comfort & Equipment: Air conditioning, integrated sound system, and security alarm.
- Rare Parking: Private garage box for 4 vehicles plus 1 simple parking space.
- Outdoors: Large balconies with sea views and private garden.

Condominium Infrastructure (Resort Experience)

- Wellness & Spa: Heated indoor pool, jacuzzi, sauna, and Turkish bath.
- Outdoor Leisure: Outdoor pool with large solarium and extensive green areas.
- Sports & Family: Fully equipped gym, playground, and social room.

The perfect property for those looking to immediately generate income through high-yield Local Accommodation management or for those seeking a superior segment primary residence in Funchal.
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  • Property type

    Apartment

  • Price/sqft

    $477

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Sao Pedro, Madeira, Portugal View on Google Maps
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Carlos Alves Monteiro

Joined 8 months ago
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Carlos Alves Monteiro
Portugal
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19
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2026
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KW Alfa Madeira
KW Alfa Madeira
Rua dos Ilheus 6, Funchal, Portugal
View agency profile
Last updated
Today
First listed
February 18
Listing reference
2072643353166768
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