Skip to content

2 bedroom block of apartments for sale

Madeira, Funchal, Portugal

£864,158
€995,000
Portugal Sotheby's International Realty, Madeira
PROPERTY TYPE

Block of Apartments

BEDROOMS

2

BATHROOMS

2

SIZE

Ask agent

Description

Located in the parish of São Pedro, in the heart of Funchal, this building represents an excellent opportunity for those seeking to invest in a property with guaranteed rental potential or for use as a primary residence. Comprising three floors and a basement, the property stands out for its central location and versatility for various uses.

With a gross private area of approximately 230.9 square meters, the building includes two one-bedroom apartments—one on each of the upper floors—and an office space on the ground floor. The basement is currently used for storage. Although it does not feature parking, an elevator, or a swimming pool, the building benefits from good sun exposure, providing natural light throughout its interiors.

Its functional layout allows for a range of uses, making it ideal for those seeking a project with continuous rental income or a flexible residential solution. The absence of a condominium association simplifies property management, offering greater autonomy and discretion.

One of the property's main assets is its location. Within five minutes, residents have access to schools, supermarkets, restaurants, and major roadways. The nearest hospital is just ten minutes away, reinforcing the convenience and accessibility of the area.

Situated in one of Funchal’s most central and sought-after neighborhoods, this property is perfect for those who value proximity to services, tranquility, and an exclusive urban lifestyle. A unique opportunity in Madeira’s real estate market.

Madeira, Funchal, Portugal

Approximate location

NEAREST AIRPORTS

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

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Portugal Sotheby's International Realty, Madeira

Av. Arriaga, nº 75 9000-060 Funchal

Artfully uniting extraordinary homes with extraordinary lives

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Portugal Sotheby's International Realty, Madeira (reference 111250199) 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.

Email agent

Email agent