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Opportunity: Property with Income Potential and View of Funchal Bay!

Price Upon Request

3

Bedrooms

3

Bathrooms

250 m2

of area

Discover this mixed-use building we have for you: a unique property located on a generous plot of 604 sqm, with a total gross area of 298 sqm. This investment not only offers a traditional 3-bedroom house on the 1st floor with a stunning view of Funchal Bay but also includes a commercial area of 112.5 sqm on the ground floor, currently operating as a bakery, generating guaranteed income until 2029.

Key Features:

1-Guaranteed Income:
The ground floor commercial space, already leased as a thriving bakery, ensures stable profitability in the coming years. This is a unique opportunity for those seeking a solid and long-term investment.

1- 3-Bedroom House with Panoramic View:
On the first floor, a traditional 3-bedroom house awaits, offering not only comfort but also a spectacular view of Funchal Bay. Enjoy unique moments in a cozy and elegant environment.

3- Spacious Outdoor Area:
At the back of the house, a spacious patio and a private barbecue area, great for leisure and socializing. Additionally, two small annexes with studio apartments offer the possibility of generating even more income.

4- Strategic Location:
Just 15 minutes from the center of Funchal, this property offers the tranquility of a residential area, with all amenities just a 5-minute drive away. A bus stop located less than 15 meters from the door provides easy access to other parts of the city.

Unparalleled Return Potential:
This property not only presents significant appreciation potential but also a unique opportunity for financial return, all for an incredibly affordable investment. Some maintenance and improvement works are required, providing room for additional appreciation.

Don't miss the opportunity to own a property with so many possibilities. Schedule your visit now and discover how this property can be the key to your financial success and quality of life!

Please note that we are duly registered credit intermediaries with the Bank of Portugal - Registration No. 6917. We are qualified to offer the best housing loan conditions.

  • Equipped Kitchen
  • Collection
  • Double Floor
  • Garage
  • Patio
  • Natural Light
  • Price: Price Upon Request
  • Status: For Refurbishment
  • Net area: 250m2
  • Gross area: 298m2
  • Plot Area: 604m2
  • Bedrooms: 3
  • Bathrooms: 3
  • Construction Year: 1951
  • Parking: 1
  • Energy Certificate: E
  • Reference: C0456-00406

How much is my house worth?

  • Transportation Facilities (3m)
  • Supermarket (2km) - Super São Roque
  • School (3km)
  • Freeway (5km)
CLÁUSULAS E REGRAS, LDA., AMI: 19541
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