House T2 in Funchal with 84 m²

2-Bedroom House with Approved Project | Santa Maria Maior, Funchal

An excellent opportunity to create a modern home in Funchal, benefiting from a renovation project that is already approved and ready to proceed to the licensing and construction phases.

Located in Santa Maria Maior, this property sits on a 132 m² plot and currently has a built area of ​​84 m².

The property is currently being prepared for the planned renovation; demolition work required for the new construction outlined in the approved project has already begun.

The project envisions a 2-bedroom house with a layout designed for functionality and comfort, also including uncovered parking for two vehicles.

Having an approved project in place, combined with the preparatory work already underway, offers a significant advantage for anyone looking to build this new home, as it drastically reduces the steps usually involved in developing and approving a project from scratch.

Given its characteristics, this property is a great option for either personal residence or investment—including the possibility of short-term rental (Alojamento Local), subject to meeting applicable legal requirements.

An opportunity to acquire a property with a defined, approved project and transform it into a contemporary home in Funchal.

If you are looking for a project with the potential to create your next home or develop a real estate investment, this could be the right opportunity.

Contact me for more information about the property and to view the approved project in detail.

IMI (Property Tax) - €170.70

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