Historic 6 Bedroom Farm in Funchal

Funchal, Ilha da Madeira, Portugal, 9050-439

For Sale

€3,495,000

REF: 994847 €3,495,000


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Description

We present a truly unique and charming property, located in one of the most emblematic areas of Funchal, with a breathtaking view of the sea and the bay of the city. Originally built in 1860, this magnificent villa was carefully restored in 2018, with the aim of preserving its historic character and original architectural beauty.

With a privileged location just two kilometers from the center of Funchal, the property is divided between the main house and two independent annexes, offering a harmonious combination between tradition and modern comfort. Upon entering, we are greeted by a welcoming hall that gives access to the dining room and the spacious living room.

A nook has been cleverly adapted to function as an office, providing a quiet environment for work or reading. The kitchen, completely renovated, retains elements of the original design, and is complemented by a practical pantry. Still on the ground floor, we find a bedroom and a full bathroom. On the upper floor, the villa offers three bedrooms.

One of them has been converted into an elegant walk-in closet, while another currently functions as a living room/office. The bathroom on this floor is large, equipped with a shower and bathtub, offering comfort and functionality. The master suite, located on the top floor, stands out for its private balcony, from which you can contemplate a panoramic view of the ocean and the bay a true daily spectacle. The main house also has a generous basement with a laundry room, a large storage area and space with the potential to create a winery of excellence. Outside, there is an annex transformed into a studio with a private dining area.

Access to the gardens and pool is via an imposing staircase or elevator, ensuring comfort and accessibility. The gardens, taken care of to detail, surround a second annex a charming 1 bedroom apartment that preserves the original arch in the ceiling, conveying a touch of authenticity. This space also includes an outdoor bathroom with shower, a heated pool and a vegetable garden, providing a living experience in full harmony with nature. The property offers parking for one vehicle and is located next to the old Funchal train route, a historical detail that reinforces its heritage value.

Over time, the house has shown a remarkable resistance to adversity, keeping its essence and personality intact. More than a residence, this is a rare opportunity to acquire a charming refuge, with the tranquility of a Madeiran retreat, but just a few minutes' walk from the heart of the city. Whether for permanent residence with the possibility of income, or as a tourist investment with proven high profitability, this property represents a truly attractive and distinctive proposal.
We present a truly unique and charming property, located in one of the most emblematic areas of Funchal, with a breathtaking view of the sea and the bay of the city. Originally built in 1860, this magnificent villa was carefully restored in 2018, with the aim of preserving its historic character and original architectural beauty.

With a privileged location just two kilometers from the center of Funchal, the property is divided between the main house and two independent annexes, offering a harmonious combination between tradition and modern comfort. Upon entering, we are greeted by a welcoming hall that gives access to the dining room and the spacious living room.

A nook has been cleverly adapted to function as an office, providing a quiet environment for work or reading. The kitchen, completely renovated, retains elements of the original design, and is complemented by a practical pantry. Still on the ground floor, we find a bedroom and a full bathroom. On the upper floor, the villa offers three bedrooms.

One of them has been converted into an elegant walk-in closet, while another currently functions as a living room/office. The bathroom on this floor is large, equipped with a shower and bathtub, offering comfort and functionality. The master suite, located on the top floor, stands out for its private balcony, from which you can contemplate a panoramic view of the ocean and the bay a true daily spectacle. The main house also has a generous basement with a laundry room, a large storage area and space with the potential to create a winery of excellence. Outside, there is an annex transformed into a studio with a private dining area.

Access to the gardens and pool is via an imposing staircase or elevator, ensuring comfort and accessibility. The gardens, taken care of to detail, surround a second annex a charming 1 bedroom apartment that preserves the original arch in the ceiling, conveying a touch of authenticity. This space also includes an outdoor bathroom with shower, a heated pool and a vegetable garden, providing a living experience in full harmony with nature. The property offers parking for one vehicle and is located next to the old Funchal train route, a historical detail that reinforces its heritage value.

Over time, the house has shown a remarkable resistance to adversity, keeping its essence and personality intact. More than a residence, this is a rare opportunity to acquire a charming refuge, with the tranquility of a Madeiran retreat, but just a few minutes' walk from the heart of the city. Whether for permanent residence with the possibility of income, or as a tourist investment with proven high profitability, this property represents a truly attractive and distinctive proposal.
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Property on Map

#1650

Currency Exchange

Funchal, Ilha da Madeira, Portugal, 9050-439

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €3,495,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€3,495,000 £2,884,948 £3,033,975 £149,027
Property Price € €3,495,000
Minimum cost in the last six months £2,884,948
Maximum cost in the last six months £3,033,975
Fluctuating exchange rates over the last six months could have increased the cost of this property by £149,027

Funchal, Ilha da Madeira, Portugal, 9050-439

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €3,495,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€3,495,000 £2,884,948 £3,033,975 £149,027
Property Price € €3,495,000
Minimum cost in the last six months £2,884,948
Maximum cost in the last six months £3,033,975
Fluctuating exchange rates over the last six months could have increased the cost of this property by £149,027

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £149,027 more.

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