Funchal, Madeira, Portugal
- PROPERTY TYPE
Town House
- BEDROOMS
5
- SIZE
399 sq ft
37 sq m
Description
The house, currently suitable for renovation, has a project that allows the conversion of the space into up to 9 apartments with the possibility of creating parking spaces below, distributed as follows:
1 One-bedroom apartment (T1)
2 Two-bedroom apartments (T2)
3 Three-bedroom apartments (T3)
1 Four-bedroom apartment (T4)
Property Highlights:
Panoramic View: The elevated location provides unparalleled views of Funchal Bay, making every sunset an unforgettable experience.
Project: The possibility of conversion into multiple residential units offers excellent investment potential, ideal for real estate development or as a multifamily property.
Spacious Land Area: With a land area of 3,440 m², there is ample space for gardens, leisure areas, and other amenities that can complement the apartments.
This is a rare opportunity to acquire a property with so much potential in one of the most coveted areas of Funchal.
If you are looking for an investment with guaranteed returns or a place to create a luxury residence, this house in Pena is the perfect choice.
Funchal, Madeira, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Funchal(International)8.5 miles
Advice on buying Portuguese property
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Notes
This is a property advertisement provided and maintained by O'Brien Investments, Unipessoal, LDA, Funchal (reference pena) 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.