IMLIX Real Estate Marketplace
EUR 110,000

Two Villas in Funchal

Listing details

Property for
Sale
Location
Country
Portugal
State/Region/Province
Madeira
City
Funchal
Address
Funchal (Santa Luzia)
Posted
May 12, 2026
Description
2 Single-storey houses with potential and real estate appreciation, in ruin for rehabilitation, with a total land of 568 m2.

Property inserted in a consolidated urban area, with high potential for rehabilitation and expansion, namely through the construction of additional flooring (subject to technical verification and urban framework with the competent municipality).

The villas are currently developed on the ground floor, providing an excellent opportunity to:
Real estate investment
Renovation and resale project
Expansion for own or multifamily housing

Points of interest for investors:
Potential to increase gross construction area
Possibility of valorization through raising raising
Insertion in a residential area with growing demand
Good sun exposure and accessibility Feasibility for full modernization of the asset

Property with particularly interesting characteristics for developers, investors or individuals who wish to acquire an asset with a margin of urban and constructive appreciation.

Close to the center of Funchal and access via expressway.

WE HELP IN THE BANKING PROCESS, POSSIBILITY OF BANK FINANCING LAND + HOUSE, CONTACT NOW! - REF: 47A/2026
Common
Bedrooms
3
Bathrooms
2
Finished sq. ft.
86 sq m
Lot Size
568 sq m
Contact information
IMLIX ID
47A/2026

Agent Details

Sílvio Costa
Member since Nov 18, 2022
Personal Details
Company Name
Ellevar Properties
Country
Portugal
Address
.
Service Type
Selling a Property
Property Type
Apartments
Languages
English, Portuguese
Website
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