🏛️ 3 Properties in the Historic Center of Funchal – "City with Life"

💼 Investment Opportunity | 321 m² | Total Value: 1.300.000,00€

SN Real Estate presents an exclusive set of 3 properties located in the heart of the Historic Center of Funchal, inserted in the Urban Rehabilitation Area (ARU) – "City with Life", one of the areas with the greatest dynamism and appreciation of the city.
This location benefits from highly attractive tax incentives, including IMI exemption, IMT exemption on acquisition for rehabilitation, reduced VAT on works and IRS benefits — an ideal scenario for investors looking for profitability and security.

📍 Premium Location

The properties are located in two emblematic arteries of Funchal:

Rua das Mercês

• 1 building consisting of 3 units
• 3 floors
• Excellent potential for housing, local accommodation, commerce or mixed project

Health Street

• 1 1-storey building
• 1 2-storey building
• Quiet area, with quick access to downtown and proximity to essential services

📐 Total Area: 321 m²

The configuration of the properties allows for multiple investment approaches, including:

• Integral rehabilitation for resale
• Creation of long-term rental units
• Tourist accommodation development
• Modern housing projects in a historic area
• Commercial requalification in an area with a strong pedestrian flow

🌆 Inserted in the ARU "City with Life" – Relevant Tax Benefits

These properties are located within the ARU of the Historic Center, which guarantees access to:

• IMI exemption after rehabilitation
• IMT exemption on acquisition for works
• Reduced VAT on rehabilitation interventions
• IRS deductions related to works
• Reduced municipal fees
• Accelerated appreciation due to strong public and private investment in the area

The ARU of Funchal has been responsible for the rehabilitation of dozens of buildings since 2014, making this area one of the most sought after by national and international investors.

💼 Unique Opportunity for Investors

With an overall value of €1,300,000.00, this set of properties represents a rare opportunity in the market:

• Central, historic location
• Strong upside potential
• Significant tax incentives
• Flexibility for diverse business models
• Insertion in an area in full urban revitalization

Note: the information presented does not exempt you from consulting the Official Regulations.

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