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Key information Make an enquiry

€ 1,190,000 £ 1,019,481 $ 1,253,962

Reference PP7089

Funchal, Madeira

Commercial

20 Bedrooms

Built in: n/a

979m2 Build size

€ 1,216 £ 1,041 $ 1,281 / m2 build

1,108m2 Plot size

€ 1,074 £ 920 $ 1,131 / m2 plot

Local Accommodation Building With 20 Rooms, Sea View, Funchal

€ 1,190,000 £ 1,019,481 $ 1,253,962

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Key information

Reference: PP7089

Commercial

Funchal, Madeira

20 Bedrooms

Ownership Status: Private

Built in: n/a

979m2 Build size

€ 1,216 £ 1,041 $ 1,281 / m2 build

1,108m2 Plot size

€ 1,074 £ 920 $ 1,131 / m2 plot

With a lot of potential to be transformed into a small Boutique Hotel, this 20-room local accommodation stands out for its privileged location in a historic and residential area of Funchal city centre, with fabulous views directly over the port, where you can enjoy the movement of cruise boats and ships that make regular visits to Madeira Island, as well as tour boats and windsurf and stand up paddle practitioners, who give a special colour to the bay.

It benefits from excellent sun exposure and mild temperatures throughout the year.

It has an active license for AL and has a good portfolio of customers throughout the year as a result of many years of activity, dissemination and promotion in the touristic market.

To customers, it offers reception service and breakfast in a private room with a terrace. It also has a snack bar and some free parking spaces.

Of the 20 rooms, all have a private bathroom with shower, 8 have a kitchenette and 17 have a private balcony all south facing.

The pool and solarium area is very pleasant with sun loungers, as well as tables and chairs where you can enjoy a refreshing drink with an incredible view.

Behind the scenes, the facilities have a laundry, 8 thermal solar panels for domestic hot water with a capacity of 1,500 litres, a reservoir of drinking water with a capacity of 10,000 litres and another for watering water with a capacity of 6,000 litres.

The city of Funchal has many diverse entertainment events downtown, for locals and tourists throughout the year, attracting people from all over the world and of all ages, creating a unique, festive and relaxed atmosphere, providing unforgettable moments for everyone. 

Especially during the month of June, when the "Festival do Atlântico" takes place, with emphasis on the 4 Saturdays of the month where the fireworks show synchronised with music takes place, lasting approximately 20 minutes and starting at 22.30, from the outer pier of Pontinha (Port of Funchal), the city gets full of residents and tourists to watch this dazzling spectacle. Customers can comfortably watch all this from the pool area or from some of the rooms' balconies.

This offers a set of added values that will guarantee a return on your investment.

Come and learn more and we will be happy to present you with more details.

Features

  • Pool
  • Garden
  • Furnished
  • Parking
  • Reception room
  • Terrace/Balcony
  • Covered dining area
  • Laundry room
  • Storage room
  • Features great views
  • Sea view
  • Morning sun
  • Evening sun
  • Orientation: South
  • Near bars / restaurants
  • Near school(s)
  • Near shops
  • Near the beach

Key information

Reference: PP7089

Commercial

Funchal, Madeira

20 Bedrooms

Ownership Status: Private

Built in: n/a

979m2 Build size

€ 1,216 £ 1,041 $ 1,281 / m2 build

1,108m2 Plot size

€ 1,074 £ 920 $ 1,131 / m2 plot

Recently Sold

The location: Funchal, Madeira

Funchal is the largest city, the municipal seat and the capital of Portugal's Autonomous Region of Madeira, bordered by the Atlantic Ocean. The city has a population of 105,795, making it the sixth largest city in Portugal and has been the capital of Madeira for more than five centuries.

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Want to know more about this property?

Speak to anyone in our team and we will be happy to help.
Send your enquiry through now.

Yours sincerely,
Jacolien Jennings

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