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~$1,620,000 USD
$2.9K/m² price per m²
caminho do Palheiro, Santa Maria Maior, Madeira (Ilha), Portugal
Listed NaN years ago
Centennial Palace-Style Manor in the Heart of Funchal – A Truly Unique Opportunity with Exceptional Potential Located in the heart of Funchal, this century-old palatial manor sits on a generous 2,010 m² plot, offering a rare opportunity for those looking to invest, restore, or develop a one-of-a-kind project in one of the city’s most charming and serene areas. This property stands out as one of the few remaining palacetes of its kind in Funchal, with a majestic architectural style that includes sloped tiled roofs, elegant wooden staircases, and expansive wraparound balconies. Its timeless character provides the perfect canvas for a luxury restoration or visionary development. Though in need of renovation, the property retains all its historic charm and is ideal for those seeking to preserve heritage while creating unique and contemporary spaces. The vast land area opens up countless possibilities: from a luxurious private residence with landscaped gardens and leisure areas, to a boutique hotel, cultural venue, or exclusive residential development. With panoramic views of the sea, mountains, city (Bay of Funchal), gardens, and full sun exposure throughout the day (East, West, North, and South), this property offers peace, privacy, and a prime location just minutes from all urban conveniences. Key Features: Plot Size: 2,010 m² Condition: To renovate – ideal for a high-end restoration project Style: Palatial architecture with historic elegance Outdoor Areas: Mature gardens, wraparound balconies, private garage Orientation: South, North, East, and West – excellent natural light Views: Sea, mountain, city, and garden Potential: Luxury residence, tourism project, or high-value investment This is more than a home – it is a chance to breathe new life into a unique piece of Funchal’s history. Few properties combine location, size, character, and potential like this one. Schedule your visit and be inspired. For more information, Miguel Jardim KW Alfa Madeira.
Idealista
https://www.idealista.pt/imovel/34235584/
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See what 1.500.000 € gets you around the world
€1.500.000
~$1,620,000