Located in one of the most sought-after areas of Sao Martinho, this property stands out for its excellent location and significant potential for capital appreciation, making it an attractive opportunity for investors and those looking to develop a substantial property project.
The property comprises three independent houses, offering a range of possibilities for use, renovation and modernisation.
The first house is in good condition and comprises four bedrooms, two bathrooms and several living areas, providing a comfortable residential space ready for use. The property also includes a garage currently let for use as a car repair workshop, representing a potential source of rental income.
The other two houses require complete renovation, allowing future owners to adapt the spaces to their needs and create modern, functional living environments.
Beyond renovating the existing buildings, the entire property could offer an excellent opportunity to develop a modern residential project, subject to planning feasibility and the necessary authorisations, allowing the full potential of the land and its location to be explored.
Its location in Sao Martinho, an area of high demand in Funchal, further enhances the appeal of this opportunity, whether from an investment and rental income perspective or as the basis for creating a distinctive residential development.
A property with unique characteristics, ideal for those seeking to invest in a prime location and transform a property with potential into a project for the future.
Energy Rating: C
Characteristics
