Other for sale in Se (Funchal), Portugal

• 153 m² surface area (1647 sqFt)
• 54 m² of land (581 sqFt)
• N/C

Each property is a unique story waiting to be told, and this building in the heart of Funchal is no exception. Just like the enchanting tale of Rapunzel, this property has its own magic waiting to be discovered. Located just a minute away from the Cathedral, this building is divided into four levels of enchantment. The ground floor houses a functioning snack bar restaurant, providing a steady source of income. On the first and second floors, there are two T0 apartments, perfect for creating your own storylines. Finally, the third floor features a T1 duplex with a balcony, offering stunning views of the city. Investing in this property means immersing yourself in an enchanted narrative. With the potential to transform it into three beautiful apartments for local or long-term accommodation, as well as a restaurant in the city center, the possibilities are endless. Your guests and customers will have the opportunity to experience the vibrant colors and flavors of Funchal, all while enjoying the tranquility of pedestrian-only access. While this property may require some refurbishment, all necessary licenses have already been approved by the City Council. And while it may not offer a sea view, it is just a few steps away from the Funchal pier, ensuring easy access to the beauty of the ocean. Priced at 490,000, this property offers a unique opportunity for investors looking to capitalize on the growing tourism market in Funchal. Don't miss out on the chance to add your own point to this enchanting tale! Space Summary: - 1 snack bar restaurant - 2 T0 apartments - 1 T1 Duplex with balcony