Studio multi family for sale

Fantastic investment opportunity for rehabilitation in the center of Funchal. Located in one of the most iconic areas of Funchal, this building is just minutes from La Vie Shopping Center and a huge variety of restaurants and services. Its centrality makes this building an unique investment opportunity, being at this time composed of basement, ground floor, 2 large garages and still 2 upper floors, these being at this moment derelict. The ground floor is ready and fit for trade. The first and second floor require major rehabilitation works. You can still find the two garages at the back of the building. The building is located in an area with the highest building rate, where there may be the possibility of expansion, subject to approval by the appropriate City Council, both underground and vertically, making this building a great opportunity for investment and development right in the heart of the Capital. There is the possibility of trading with exchange. If you are looking to invest in Funchal, look no further as this is an opportunity not to be missed.