Others - Commercial for sale in Funchal

Others - Commercial in Funchal with virtual tour

1 195 000 €

Buy
id. 123511131-135

485 m²

- -

2

C

Description

5-Story Building in the Historic Heart of Funchal – Excellent Investment Opportunity. This unique 5-story building, located in the heart of the historic area, stands out for its versatile architecture, premium location, and extraordinary profitability potential.
With 3 distinct entrances, the property offers ideal access flexibility for multi-use projects, allowing for perfect segmentation of commercial areas from private or service areas.

Key Features
5 Floors of Versatility: Ideal space for retail, services, or residential distribution.
3 Entrances: Easy access and excellent dynamics for different public or resident flows.
Architectural Setback: The building sets back after the 1st floor, giving it a unique volume and the possibility of exploiting outdoor areas (such as terraces or balconies).
Top Floor with Panoramic Views: The top floor offers a breathtaking view over the iconic Sé Cathedral area and the city center.

Investment Potential
This property is perfectly suited to different business models, presenting itself as a blank canvas for:

Hotel Investment: Ideal for creating a boutique hotel or charming guest house, taking advantage of the strong tourist demand in the historic area.

Commerce and Shops: The ground floor and first floor benefit from excellent visibility and pedestrian traffic.

Offices / Coworking: Ideal space for company headquarters or business centers in the city center.

Luxury Apartments: Conversion into residential housing or premium local accommodation, with the top floor functioning as an exclusive penthouse.

Don't miss the opportunity to acquire a real estate asset with this central location and potential for appreciation.

Contact us for more information and to schedule visits! 

Details

Private Gross Area m²485
Gross Area m²485
Total Lot Size m²97
Living Area m²305
Bedrooms- -
Construction Year- -
Floor- -
WC/Bathrooms2
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiency

Map

Rooms

Bathroom
Bathroom
Hallway
Pantry
Workroom
Workroom
Workroom
Other
Other
Balcony
Credit Simulation
Listing Price
1 195 000 €
Monthly Payment (*)
0

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.