"Boutique Hotel-House investment - a stunning historic house in the old town of Funchal, with a large swimming pool, tropical garden and 3 amazing seafront terraces. Renovated in 2020, the house features 3 large luxury apartments - one on each floor. This amazing Madeira property has three huge terraces with views of the sea and the bay of Funchal. Can be the perfect family home or an amazing hotel property.
Fantastic location next to Funchal's old town, 350 meters from the sea, where you can walk to the city.
Fully equipped and fitted with a custom interior design and new kitchens in 2020. This house has a return on profitability of 5% per year.
The house has immense charm, dating from 1920 (completely renovated in 2020 with new kitchen and luxury bathrooms in keeping with the houses aesthetic and very fast internet throughout) all the original details of the house have been kept, such as the high stucco ceilings, solid oak doors, stonework, windows and porches, pebble floors in the garden, but with a decoration modern and totally original and custom made."