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

Ilha da Madeira, Funchal

Historic Building for Renovation in the City Centre of Funchal - 1.950.000€
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
1
637 m²
1333 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
Filipe Faria
Chamada para a rede móvel nacional
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