<b>A Haven of History and Investment in the Heart of Funchal</b> <b>The Zone: Centrality and Privacy in Harmony</b> Located on Rua do Ilhéus, this villa offers the perfect balance between urban convenience and the desired tranquility. A few steps from the emblematic Quinta Magnólia, a green space that invites leisure (Tennis and Padel among others) and well-being, the area stands out for its proximity to everything that matters: just 8 minutes walk from Hospital Nélio Mendonça , 4 minutes from Quinta Magnólia, 6 minutes by car from Forum Madeira, and 5 minutes from the center of Funchal. Despite being in the heart of the city, the location is peculiar due to the privacy it provides. This area is known for its charm, with tree-lined streets and a residential atmosphere that contrasts with the cosmopolitan life of Funchal. Close to schools, services, commerce and tourism, it is a choice that combines comfort, practicality and lifestyle. <b>A House with Many Possibilities</b> Imagine owning a house that combines the charm of Madeiran stately architecture with the potential of a successful investment. This property is for those looking for something more: a space where history meets modern functionality. Whether to monetize through local accommodation, or to create a welcoming home with generous gardens, this property adapts to your objectives. <b>The Property: Elegance and Versatility</b> With a total area of 400 m², this house was carefully converted into three independent units, all with their own entrances: 1. The main fraction maintains the spirit of a traditional house, with large and well-defined spaces: - 2 suites, - A generous living room, - Fully equipped kitchen, - social WC, - Private garden full of life, with trees, flowers, grass and fountain. 2. T1 loft-type fraction, with: - Open-plan social areas (living room and kitchen), - modern bathroom, - Staircase leading to the attic-style bedroom (open space with 3 beds), lit by windows. 3. T1 loft-type fraction, similar to the previous one, but with: - A bedroom in the attic with 1 double bed and 1 single bed. The T1s have a Local Accommodation license (AL) and share a garden with an independent gazebo, perfect for leisure moments or for guests to enjoy an exclusive outdoor space. Previously, the house had 10 rooms and a surrounding garden. For future buyers, there is the possibility of rest