€700,000

This 3 floor property is very well located in the heart of the center of Funchal, it's villa for recovery and excellent opportunity for investment. Three-story building with patio. On the ground floor there is a garage with access to the property both through the main entrance and through the patio. On the first floor there is the Living Room and Dining Room, a bedroom, a complete bathroom and the kitchen. On the upper floor are the other two bedrooms and an office. It is valued for its strategic location for its easy access, services and all the privileges of being located in the heart of the city. As it is located in the urban rehabilitation zone (ARU), it has a series of incentives and tax benefits, such as exemption from IMI and IMT, VAT and IRS deductions, exemptions from municipal fees, among others.