A Haven of History and Investment in the Heart of Funchal The Zone: Centrality and Privacy in Harmony Located on Rua do Ilhéus, this villa offers the perfect balance between urban convenience and the desired tranquility. A few steps from the emblematic Quinta Magnólia, a green space that invites leisure (Tennis and Padel among others) and well-being, the area stands out for its proximity to everything that matters: just 8 minutes walk from Hospital Nélio Mendonça , 4 minutes from Quinta Magnólia, 6 minutes by car from Forum Madeira, and 5 minutes from the center of Funchal. Despite being in the heart of the city, the location is peculiar due to the privacy it provides. This area is known for its charm, with tree-lined streets and a residential atmosphere that contrasts with the cosmopolitan life of Funchal. Close to schools, services, commerce and tourism, it is a choice that combines comfort, practicality and lifestyle. A House with Many Possibilities Imagine owning a house that combines the charm of Madeiran stately architecture with the potential of a successful investment. This property is for those looking for something more: a space where history meets modern functionality. Whether to monetize through local accommodation, or to create a welcoming home with generous gardens, this property adapts to your objectives. The Property: Elegance and Versatility With a total area of 400 m², this house was carefully converted into three independent units, all with their own entrances: 1. The main fraction maintains the spirit of a traditional house, with large and well-defined spaces: - 2 suites, - A generous living room, - Fully equipped kitchen, - social WC, - Private garden full of life, with trees, flowers, grass and fountain. 2. T1 loft-type fraction, with: - Open-plan social areas (living room and kitchen), - modern bathroom, - Staircase leading to the attic-style bedroom (open space with 3 beds), lit by windows. 3. T1 loft-type fraction, similar to the previous one, but with: - A bedroom in the attic with 1 double bed and 1 single bed. The T1s have a Local Accommodation license (AL) and share a garden with an independent gazebo, perfect for leisure moments or for guests to enjoy an exclusive outdoor space. Previously, the house had 10 rooms and a surrounding garden. For future buyers, there is the possibility of restoring the original plan and creating a large family home, or maintaining the current configuration to maximize the return on investment. Highlight Details: - Madeiran stately architecture, with unique features on the porch, arched windows and exterior doors, stone benches next to the walls, and gazebo. - Private and shared garden, ideal for moments of leisure and contemplation. - Possibility of investing in local accommodation or adapting to a family home with large gardens. Opportunity in the Heart of Funchal Whether for living or investing, this villa offers more than space – it offers a lifestyle. Don't miss the chance to discover this unique property. Contact us today for more information or to schedule a visit. This could be the start of your next big project! --- MILLION GROUP arises from the union of synergies, complementarity and experience of its founders. They began their collaboration under the umbrella of an international brand and decided to create a new concept for the real estate sector.They felt the challenges with a more universal and flexible perspective in approaching the real estate market, and the creation of the MILLION GROUP brand responds to all needs. It was necessary to embody a new and differentiating philosophy and way of being in the market.Our valuesTRUST, PROXIMITY, MATURITY, UNIVERSALITY.TRUST – Earned internally and externally by the rigor and loyalty in the relationships we establish with our Consultants, Partners, Clients and Friends.PROXIMITY – A sincere relationship, with monitoring, support and permanent availability.MATURITY – A wealth of experience and knowledge in the real estate market.UNIVERSALITY – Based on a comprehensive presence in all market segments, professionalizing our consultants with a focus on customer satisfaction.What we doWe make dreams come trueA true emotional synthesis of what we do every day.We reconcile buyers and sellers, promote business and support yourconcretization.
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