3 Properties in the Historic Center of Funchal "City with Life" Investment Opportunity | 321 m² | Total Value: 1.300.000,00 SN Real Estate presents an exclusive set of 3 properties located in the heart of the Historic Center of Funchal, inserted in the Urban Rehabilitation Area (ARU) "City with Life", one of the areas with the greatest dynamism and appreciation in the city. This location benefits from highly attractive tax incentives, including IMI exemption, IMT exemption on acquisition for rehabilitation, reduced VAT on works and IRS benefits an ideal scenario for investors looking for profitability and security. Premium Location The properties are located in two emblematic arteries of Funchal: Rua das Mercês 1 building consisting of 3 units 3 floors Excellent potential for housing, local accommodation, commerce or mixed project Health Street 1 1-storey building 1 2-storey building Quiet area, with quick access to downtown and proximity to essential services Total Area: 321 m² The configuration of the properties allows for multiple investment approaches, including: Integral rehabilitation for resale Creation of long-term rental units Tourist accommodation development Modern housing projects in a historic area Commercial requalification in an area with a strong pedestrian flow Inserted in the ARU "City with Life" Relevant Tax Benefits These properties are located within the ARU of the Historic Center, which guarantees access to: IMI e
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