Commercial/office space for sale

€1,700,000 - Funchal Ilha da Madeira

Details

Beds: 0
Baths: 0
Price: €1,700,000
Internal Reference No.: MP 30092018
Area: 1,908 m2

Overview

HOTEL FOR SALE IN MADEIRA RETIREMENT RESIDENCE 24 Self catering studio apartments with verandas and sea views; presently run as a hotel business and extremely well located in upmarket suburb and close to the prime tourist area; within 2 minutes' walk to the Madeira Forum Shopping Centre and sea walk promenade. Reception and Atrium Restaurant Kitchen Relaxation areas with solarium Laundry The asking price is well below replacement value ! Property sold fully furnished and equipped with valid Hotel Licence. Can also be utilised as a Retirement Residence - consent approval from the local authorities is available. ENERGY CERTIFICATE EXEMPTION For further information contact Tony de Nobrega

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