Traditional House for Renovation in Funchal

An excellent investment opportunity, with the property cleared and ready for renovation work to begin.

Properties of this period in a location like this are becoming increasingly difficult to find. Built in 1937, this traditional Madeiran home combines the character of the island's architecture with the opportunity to create a carefully considered renovation project just a few minutes from Funchal city centre.

Located in Levada de Santa Luzia, within an established residential area surrounded by greenery, the property enjoys easy access to schools, local shops, public transport and the city's main road connections, offering the convenience of central Funchal while maintaining a quieter residential setting.

The house retains many of its original architectural features. The ground floor offers a generous open space with the potential to be converted into a garage or additional storage, while the main living accommodation is located on the first floor, which also enjoys partial views over Funchal Bay.

At the rear of the property, a small garden is complemented by a covered and enclosed outbuilding that could be adapted into a barbecue area, outdoor kitchen, studio or a private leisure space, providing additional flexibility for future use.

The property requires full renovation, offering the opportunity to redesign the interior to suit modern living while preserving the character of the original building. Its location, traditional architecture and scope for transformation make it an increasingly uncommon opportunity within the Funchal property market.

Nearby are the Imaculado Coração de Maria Church, the gardens of Quinta do Poço, Bartolomeu Perestrelo School and Levada School, together with local shops, cafés, public transport and other everyday amenities.

The property benefits from direct road access, with on-street parking available immediately in front of the house.