Quinta for development in the centre of Funchal

#quintafontes

  •  - Quinta das Fontes has 3000 m2 in central Funchal
    Quinta das Fontes has 3000 m2 in central Funchal
  •  - The property comprises the main house, a warehouse and stables
    The property comprises the main house, a warehouse and stables
  •  - Mature and well maintained gardens
    Mature and well maintained gardens
  •  - There is additional building capacity allowed
    There is additional building capacity allowed
  •  - The accomodation is in need of modernization
    The accomodation is in need of modernization
  •  - Main entrance door
    Main entrance door
  •  - All rooms feature solid wooden floors
    All rooms feature solid wooden floors
  •  - And hand worked ceilings
    And hand worked ceilings
  •  - Dining area
    Dining area
  •  - Traditional kitchen with bread oven
    Traditional kitchen with bread oven
  •  - Access staircase for the third floor
    Access staircase for the third floor
  •  - Family bathroom
    Family bathroom
  •  - Generous and bright salon
    Generous and bright salon
  •  - Featuring the original wooden windows and fireplace
    Featuring the original wooden windows and fireplace
  •  - Extensive grounds for further development
    Extensive grounds for further development
  •  - Multipurpose warehouse
    Multipurpose warehouse
  •  - Footpath is paved with basalt pebbles
    Footpath is paved with basalt pebbles
  •  - South-west façade
    South-west façade
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FANTASTIC OPPORTUNITY - CONSIDERABLE PRICE DROP
Old Price - 1.700.000
In central Funchal it is difficult to find a similar sized property such as Quinta das Fontes for residential development. This property of aproximately 3000 m2, originally build in 1866, is more than a typical madeiran Quinta or Manor House. Its key location in addition to its additional building capacity represent an excellent investment oportunity.

This established Quinta is just a stone's throw from the Casino area & the Avenida do infante. In addition to the 500 m2 main house, full of charm, character & history, the property features a 321 m2 wine warehouse, 126 m2 stable and an extensive, mature and well maintained garden.

Despite the conservation works done in 1950, the property is in need of modernization for full time family living. With the permissible building density in this area, the Quinta das Fontes has a great potential as a small condominium or even a boutique hotel, keeping the main house as the reception and restaurant area. A redevelopment project, for a small condominium of luxurious apartments, has already been submitted to the city hall for planning approval. - REF: quintafontes
  •  - Quinta das Fontes has 3000 m2 in central Funchal
    Quinta das Fontes has 3000 m2 in central Funchal
  •  - The property comprises the main house, a warehouse and stables
    The property comprises the main house, a warehouse and stables
  •  - Mature and well maintained gardens
    Mature and well maintained gardens
  •  - There is additional building capacity allowed
    There is additional building capacity allowed
  •  - The accomodation is in need of modernization
    The accomodation is in need of modernization
  •  - Main entrance door
    Main entrance door
  •  - All rooms feature solid wooden floors
    All rooms feature solid wooden floors
  •  - And hand worked ceilings
    And hand worked ceilings
  •  - Dining area
    Dining area
  •  - Traditional kitchen with bread oven
    Traditional kitchen with bread oven
  •  - Access staircase for the third floor
    Access staircase for the third floor
  •  - Family bathroom
    Family bathroom
  •  - Generous and bright salon
    Generous and bright salon
  •  - Featuring the original wooden windows and fireplace
    Featuring the original wooden windows and fireplace
  •  - Extensive grounds for further development
    Extensive grounds for further development
  •  - Multipurpose warehouse
    Multipurpose warehouse
  •  - Footpath is paved with basalt pebbles
    Footpath is paved with basalt pebbles
  •  - South-west façade
    South-west façade

General

Built year: 1866

Country:
Portugal
Region:
Ilha da Madeira
Area:
Funchal
Coordinates:
Latitude 32.646873
Longitude -16.919960
Location:
Portugal > Ilha da Madeira > Funchal
Property Type: Farmhouse
Status For Sale
Price: 1,200,000€
Condition: Not applicable
Bedrooms: 6
Bathrooms: 2
Ref: quintafontes
Plot Size: 2951 m2
Construction Year: 1866
Gross Area: 1022 m2