Mercury Group
Traditional Manor House with Project for Hotel in Funchal - Madeira
- Portugal, Madeira, Funchal
- Imaculado Coração Maria
Property description
- Portugal, Madeira, Funchal
- Imaculado Coração Maria
Traditional Madeiran Manor House inserted in land with 4900 m2 with project for hotel with 36 rooms.This Quinta has a vast history, having been owned by English families in the early nineteenth century, and gaining great notoriety at the end of the last century through Simone de Chazal and her daughter Chantal, being this manor house closely linked to the emblematic Madeira Flower Festival.The mother house consists of three floors, with floor 0 consisting of living and dining rooms, kitchen, office and service areas.On the 1st floor we find two living rooms, one of them with fireplace, three suites and two smaller bedrooms.On the second and last floor we have a magnificent suite, the main one, served by a balcony where we can enjoy a magnificent view over the amphitheater of the city of Funchal.Excellent investment opportunity!
Basic parameters:
View characteristics:
Recreation and infrastructure within a radius of 1 km:
- Portugal, Madeira, Funchal
- Imaculado Coração Maria
What you should know, purchasing a property in Portugal
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
