Live in the heart of Funchal with space, privacy, and excellent sun exposure. We present this opportunity to acquire a traditional Madeiran-style house, located in the quiet area of Santa Luzia. Situated in an Urban Rehabilitation Area (ARU), this property is ideal for those seeking a family home with potential for appreciation, benefiting from access to tax incentives for acquisition and renovation. With a gross construction area of 231 m², this house stands out for its generous areas and natural light, distributed over 3 floors: GROUND FLOOR: Large closed garage for 2 vehicles (a great asset in the city center); Service/support WC. 1ST FLOOR (Social Area): Spacious and comfortable living room; Kitchen with good areas and functional pantry; The Key Difference: A versatile 45 m² annex — perfect for creating a home office, games room, studio, or private gym; Outdoor Area: A 10 m² patio with access to a spacious 45 m² terrace, an ideal private space for al fresco dining and family leisure time. 2nd FLOOR (Private Area): 1 Master suite with ensuite bathroom; 2 Additional bedrooms with a full bathroom; Access to a south-facing balcony, guaranteeing fantastic sunlight throughout the day in the bedrooms. LOCATION: Located in a quiet and family-friendly area, this villa allows you to live just minutes from all essential services, schools, and shops in the center of Funchal, without the constant need to use a car. This is the perfect solution for those who prioritize a central location, spacious areas, and the availability of private outdoor space (terrace and annex), whether for owner-occupancy or rental investment. Don't miss this opportunity in Santa Luzia. Contact us to schedule your visit!