Historic Building for Renovation in the City Centre of Funchal

Back\Historic Building for Renovation in the City Centre of Funchal - 1.950.000€ - Ilha da Madeira, Funchal

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Historic Building for Renovation in the City Centre of Funchal - 1.950.000€ 1.950.000 € Ref: Q2464

637 m²

1333 m²

1117 m²

Located in one of Funchal's most iconic areas, this historic building is part of the urban rehabilitation program (ARU), offering tax incentives and support for restoration projects. Once the headquarters of the Mercês School, it retains the architectural authenticity of the early 20th century, presenting a unique opportunity for a renovation project.

Just steps away from historical and cultural landmarks such as Livraria Esperança and the Jesuit College of Funchal, this property sits in a thriving and rapidly developing part of the city.

Though in need of extensive restauration, this building offers tremendous potencial for investors and developers, whether for residential use, commercial spaces or tourist accommodation.

If you're looking for a historic property with strong investment potential, contact us today for more information or to schedule a viewing.

Property Type Building

Typology 0 Bedrooms

Objective Sell

Condition To be recovered

Price 1.950.000 €

Year of Construction 1937

Country Portugal

District Ilha da Madeira

County Funchal

Parish Funchal (São Pedro)

Zone Funchal, São Pedro

Filipe Faria

+351 966 110 533

Chamada para a rede móvel nacional

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