Restaurant To Refurbish Touristic Area

Key Information

Price:

€1,000,000

Reference:

PP176153

Type:

Commercial

Location:

Funchal, Madeira

Region:

Madeira

Country:

Portugal (PT)

Bedrooms:

n/a

Bathrooms:

n/a

Living Area:

200m²

Description

Comercial store with Restaurant and similares licence, very well located in a touristic and Hotels area, with huge potential.

Two parking places .

Buses, taxis, Touristic vans in front.

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Restaurant to Refurbish – Prime Tourist & Hotel Area, Funchal, Madeira

Property Overview
An exceptional commercial investment opportunity in the heart of Funchal, Madeira’s vibrant capital city. This 200 m² property currently holds a restaurant and hospitality licence and is offered for sale with excellent redevelopment potential. Positioned in a highly sought‑after tourist and hotel district, the property benefits from strong visitor footfall, strategic visibility, and easy access to public transport (buses, taxis, touristic vans).

The building’s south orientation and elevated position provide great views, including glimpses of the Atlantic Ocean, while two dedicated parking spaces add convenience for customers and staff alike. This is a rare opportunity to acquire a character property ready to be transformed into a thriving restaurant, café, bar, or other hospitality business — or to redevelop as part of a broader tourism‑oriented project.

Key Property Features

• 200 m² total build area with commercial restaurant licence.

• Excellent location in a busy touristic and hotel neighbourhood of Funchal.

• Two dedicated parking spaces right at the property.

• South‑facing orientation with views and strong natural light.

• Immediately visible from major tourist routes with high foot traffic.

Location – Funchal, Madeira Island

Funchal is the bustling capital of the Autonomous Region of Madeira, known for its mild subtropical climate, year‑round tourism appeal, rich history, and coastal culture. The city combines a dynamic urban environment with spectacular ocean views, a historic old quarter, and a thriving gastronomy and hospitality scene.

The area around this property is particularly attractive for restaurant and hospitality businesses due to its proximity to hotels, touristic amenities, beaches, and city attractions. Many tourists and residents enjoy the nearby Lido promenade and the Lido open‑air bathing complex, offering sea swimming and leisure facilities just minutes from the centre.

Within a short distance you can find iconic local highlights such as:

• Mercado dos Lavradores – Funchal’s traditional market bursting with local produce, flowers, and ocean‑fresh fish.

• Santa Catarina Park – one of the city’s most popular green spaces overlooking Funchal Bay.

• A wide range of restaurants, bars, cafés, and shops that serve both visitors and the local community throughout the year.

As Madeira continues to attract visitors from across Europe and beyond — with easy flight connections and a reputation for scenic beauty, outdoor adventure, and cultural festivals — this part of Funchal remains one of the island’s most desirable commercial locations. 

Ref: PP176153

Property Features

• Commercial
• Character property
• Exclusive property
• Features great views
• Sea view
• South
• Near bars/restaurants
• Near schools
• Near shops
• Near a golf course
• Near the beach

Why Choose Berkshire Hathaway HomeServices Portugal Property?

When buying real estate in Portugal, one name stands above the rest—Berkshire Hathaway HomeServices Portugal Property (PortugalProperty.com). As part of the Berkshire Hathaway network, owned by Warren Buffett, we are backed by one of the world's most powerful and trusted brands, ranked fourth most admired globally.

With 10 offices across Portugal—spanning the east to west Algarve, Lisbon, Porto, Cascais, Madeira, and the Azores—we offer unmatched local expertise and national coverage.

Our network includes 50,000+ brokers across 1,400+ offices worldwide, ensuring clients benefit from both global reach and deep market insight. In Portugal alone, we have over 100 brokers, equipped with luxury vehicles to personally guide clients to their ideal properties.

Exclusive Access & Full-Service Support

We offer exclusive listings, and if this property isn't the perfect fit, our strategic partnerships with Portugal's top agencies ensure we'll find the right one. From legal guidance and financing to property management, we provide end-to-end service for a seamless buying experience.

A Brand Built on Trust & Results

With Berkshire Hathaway HomeServices, you're choosing a global leader in real estate, known for integrity, strength, and results. Buying a home is one of the most important investments you'll make—partner with a name you can trust.

Your perfect home in Portugal awaits. Let's find it together.

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