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Madeira, Funchal, Portugal

£410,970
€475,000
Portugal Sotheby's International Realty, Madeira
PROPERTY TYPE

Block of Apartments

BEDROOMS

3

BATHROOMS

2

SIZE

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Description

Two-story building, from the 19th century, located in the historical center of Funchal, in a reasonable state of conservation.
It is at a four-minute walk from the Funchal Marina and one minute away from a shopping center with several services including parking.
An excellent option to live in the center of Funchal without having to use a car. You can enjoy a small garden where it is possible to build a pool. It has an approved architecture project that consists in the adaptation of the existing building to a 4-bedroom dwelling. All bedrooms have a private bathroom. We can also find a toilet and a large kitchen in open space with the living room and dining room. This last area has access to the outdoor patio, whose level may be lowered.
On the top floor, there will be a skylight to illuminate the corridor and provide technical access to the outdoor air conditioning units located on the north flange of the roof.
It is located in the ARU zone and for that reason it benefits from some tax incentives and benefits, such as IMI and IMT exemption, VAT and IRS deductions, and municipal tax exemptions. This is an excellent investment opportunity.

Madeira, Funchal, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Funchal(International)
    8.5 miles

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About Portugal Sotheby's International Realty, Madeira

Av. Arriaga, nº 75 9000-060 Funchal

Artfully uniting extraordinary homes with extraordinary lives

Notes

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This is a property advertisement provided and maintained by Portugal Sotheby's International Realty, Madeira (reference 111230065) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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