€670,000

House for sale Funchal
Property photo number 1 of 6 Photos for Property. File 102858982_2345_44e913070a88a5e603a1c744b3c21f27.jpeg

Overview

SUMMARY: Discover an opportunity with this Funchal house for sale and available for €670,000. This could be your next ideal home or a smart investment. More details await.

Located in a sunny and central area of Funchal, this well-maintained traditional home offers an exceptional opportunity as a family residence, holiday retreat, or investment property. Combining generous living spaces, stunning panoramic views, and excellent

proximity to the city centre, it presents a versatile lifestyle in one of Madeira's most sought-after locations. Set across three floors, the property benefits from private indoor and outdoor parking, surrounding yard areas, and significant potential for further enhancement. Possible upgrades include the addition of a swimming pool, jacuzzi, outdoor entertainment areas, or a self-contained studio apartment with its own private entrance. The upper floor features three spacious double bedrooms, two of which enjoy private balconies with beautiful sea views. A full bathroom serves this level. The middle floor comprises of the kitchen, living room, dining area, and an additional full bathroom. The bright living space opens onto an ocean-view balcony, while the kitchen leads directly to a charming terrace, perfect for al fresco dining and entertaining. On the lower level, there is currently a large games / living room, together with a generous laundry and storage area. This floor offers excellent potential for conversion into a home cinema, wine cellar, guest suite, or independent studio apartment. Outside, a large terrace provides the ideal setting for a swimming pool, jacuzzi, sun deck, or landscaped relaxation area. A section of garden soil allows for flowers, plants, or a small vegetable garden, while additional outdoor space along the side of the property could accommodate a barbecue area and outdoor kitchenette. The property also includes a spacious garage and an additional parking area. Separate side access creates the possibility of dividing the home into two independent residences, adding further flexibility and investment potential. Facing south, the house enjoys abundant natural light throughout the day, creating a warm and welcoming atmosphere. Its elevated position offers spectacular views over the city and ocean, providing the perfect vantage point for Madeira's famous fireworks displays and festive celebrations. Several local cafés are conveniently located on the same street, while the highway and central areas of Funchal are easily accessible within minutes. Recently painted white façades and traditional terracotta roof tiles give the property a fresh yet timeless appearance, while the gated perimeter ensures privacy and security. With the growing demand for holiday rental accommodation in Madeira, particularly in Funchal, this property offers excellent investment potential. Equally, its spacious layout and flexible configuration make it an ideal home for a large family. The interior is in excellent condition and ready to move into, while selective modernisation could further elevate the property into a luxurious contemporary residence. Energy Rating: D #ref:HAB 176 - HAB 176 - Winvicta Real Estate, Unipessoal Lda

Details

  • Beds: 3
  • Baths: 2
  • Price: €670,000
  • Area: 308 m2

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