Funchal, Madeira

Located in one of Funchal's most iconic areas, this historic building is part of the urban rehabilitation program (ARU), offering tax incentives and support for restoration projects. Once the headquarters of the Mercês School, it retains the architectural authenticity of the early 20th century, presenting a unique opportunity for a renovation project. Just steps away from historical and cultural landmarks such as Livraria Esperança and the Jesuit College of Funchal, this property sits in a thriving and rapidly developing part of the city. Though in need of extensive restauration, this building offers tremendous potencial for investors and developers, whether for residential use, commercial spaces or tourist accommodation. If you're looking for a historic property with strong investment potential, contact us today for more information or to schedule a viewing.