€1,300,000
6-bedroom villa, 338.5 sqm of private gross area, set in a 463 sqm plot of land, with swimming pool and panoramic views over the sea and the Funchal bay, Madeira. Traditional architecture villa built before 1950, fully renovated, converted into three furnished and equipped apartments, in an old residential area privileged by its proximity to the sea.
This is a 3-storey home with one apartment on each floor and independent entrances. On the top floor, the 3-bedroom apartment comprises three bedrooms, an open plan kitchen and living room with lots of natural light with direct access to the 17 sqm balcony with unobstructed views of the sea and the bay. It also has two full bathrooms, a laundry room and a porch. The 2-bedroom apartment is located on the middle floor and comprises two bedrooms, a full bathroom, a kitchen, and a large open plan living room, served by a balcony with great sea views. The ground floor comprises a 1-bedroom apartment with one bedroom, a full bathroom, an open plan kitchen and living room, and exit to the patio with tropical plants and swimming pool. This floor also has a bathroom, with independent entrance. The existing typical viewpoint is accessible from the middle and ground floors as well as the ‘pool house’, currently used as a small home office.
Unique investment opportunity for local accommodation or large family housing in one of the most sought-after residential areas in Funchal, not only because of its distinct location and scarcity of supply, but also because it is protected from the more recent/densest residential areas or the more tourist and busiest areas of the city.
5-minute walking distance from the Barreirinha bathing area, great for diving in the sea, where the water temperature varies annually between 17 °C and 24 °C. 10-minute walking distance from the city’s Old Town, Mercado dos Lavradores, the historic centre of Funchal, the downtown traditional shopping area, and all services and restaurants. Excellent accesses via public transport. 5-minute driving distance from the dual carriageway and 20 minutes from Madeira International Airport.
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