FUNCHAL, Madeira

This is a unique investment opportunity in the heart of Funchal! The building of the former Escola das Mercês, a historic building with 1,117m² of land and 1,418m² of construction, offers high potential for appreciation and rehabilitation for various purposes. With a privileged location, within the ARU delimited area, this property can be applied for by the IFRU, facilitating financing for urban rehabilitation projects. Ideal for those looking to develop a residential development, a boutique hotel, offices or even a commercial space, benefiting from the growing demand for real estate in Funchal. Its spacious and versatile structure, combined with its proximity to essential services, shops, transport and tourist attractions, makes this building a strategic option for investors looking for a high-impact project. Don't miss out on this opportunity! Contact us for more information and book your visit now!