Residential House for sale in Funchal, 400 m²

Funchal, Funchal

Residential House

EUR 1,250,000

• 4 bedrooms
• 4 bathrooms
• 399.5 sqm

Heritage, Exclusivity and Extraordinary Building Potential Discover a truly exceptional and extremely rare opportunity in Funchal: a magnificent classified historic mansion, set on a spacious and privileged plot of 3,440 m², in one of the city's most emblematic and prestigious areas. More than a property of high heritage value, this property stands out for its extraordinary potential for appreciation and expansion, combining the possibility of rehabilitating the existing historic building with significant potential for new construction on the surrounding land. A Singular Heritage with Space to Grow The mansion currently presents a useful construction area of 399.5 m² and a total gross area of 435.5 m², distributed over four floors. The property retains remarkable architectural and historical richness, with large windows, elegant verandas, authentic ornamental elements and spacious bright rooms, including four bedrooms. Its rehabilitation will allow recovery of the full splendor of a period residence, while integrating contemporary comfort, functionality and demanding standards. However, the true differentiating element of this opportunity lies in the enormous additional building p…