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1 950 000 €
Building in São Pedro, FunchalFunchal, Ilha da Madeira
Building in São Pedro with multimedia
1 333 m²
Energy efficiency
Building for sale
This is a unique investment opportunity in the heart of Funchal! The building of the former Escola das Mercês, a historic building with 1,117m² of land and 1,418m² of construction, offers high potential for appreciation and rehabilitation for various purposes. With a privileged location, within the ARU delimited area, this property can be applied for by the IFRU, facilitating financing for urban rehabilitation projects. Ideal for those looking to develop a residential development, a boutique hotel, offices or even a commercial space, benefiting from the growing demand for real estate in Funchal. Its spacious and versatile structure, combined with its proximity to essential services, shops, transport and tourist attractions, makes this building a strategic option for investors looking for a high-impact project. Don't miss out on this opportunity! Contact us for more information and book your visit now! 📞
Details
Construction Year1937
Gross Area m²- -
ElevatorNo
Private Gross Area m²1 333
Living Area m²1 133
GarageNo
Total Lot Size m²1 117
Price m²1 462 €
Floor- -
Location
Nearby listings
Origin Listing reference:id. MGM00549
Publishing date:
Last Update: