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3 800 000 €
Farm T5 in Imaculado Coração Maria, FunchalFunchal, Ilha da Madeira
Farm T5 in Imaculado Coração Maria with multimedia
931 m²
5 Bedrooms
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Energy efficiency
A Rare Boutique Luxury Hospitality Opportunity in Madeira Quinta da Cova represents a unique opportunity to develop a luxury boutique hotel in Funchal, Madeira, combining historical heritage, premium positioning, and a fully defined hospitality concept.  The project includes: * Approximately 4,900 sqm of urban land * A historic estate with more than 200 years of history * A fully designed 34-key boutique hotel concept * Licensing and feasibility studies already prepared * Strong operational and capital appreciation potential  ⸻ Why This Project Stands Out 1. Genuine Scarcity Value Very few assets in Funchal combine: * meaningful urban land scale, * historic character, * privacy, * panoramic sea and city views, * and the ability to operate as a premium boutique hospitality asset. Most new developments in Madeira focus on conventional hotels or large-scale tourism products. Quinta da Cova is positioned within the higher-margin experiential luxury segment.  ⸻ Prime Location Located in an elevated residential area of Funchal: * minutes from the city center, * overlooking the bay, * surrounded by mature gardens and established residential properties, * while maintaining privacy and tranquility.  This balance between accessibility and exclusivity is one of the project’s strongest value drivers. ⸻ A Fully Structured Hospitality Concept The masterplan is organized around three integrated components: * The restored historic manor house * A premium residential villa * A contemporary accommodation wing integrated into the landscape  The proposed positioning focuses on: * luxury boutique hospitality, * heritage-driven experiences, * wellness and relaxation, * intimate private events, * premium international tourism. This significantly reduces conceptual risk and accelerates the execution timeline. ⸻ Strong Market Fundamentals Madeira continues to benefit from: * sustained tourism growth, * high occupancy levels, * increasing international demand, * and rising ADR performance within the luxury and boutique hotel segment.  The project also benefits from: * limited direct competition, * increasing difficulty in securing comparable approvals within central Funchal, * strong branding potential with international lifestyle and luxury operators. ⸻ Financial Potential According to the project study: * Stabilized EBITDA estimated at approximately €1.7M * EBITDA margins projected around 47% * Stabilized exit valuation estimated betwee