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Global Properties

3 bedrooms Hotel in Funchal, Portugal No. 255003

$ 810 405
$ 5 513 per m²
3 Bedrooms
4 Bathrooms
147 Living space, m²
Funchal, Portugal
Parameters
Bedrooms
3
Bathrooms
4
Living space, m²
147
ID
255003
Type
Hotel
Land area, m²
300
Property description
We present this unique property, located in the peaceful parish of Santo António, Funchal — a perfect investment for those looking to tap into local tourism and maximize profitability. Ground Floor – Reception and Common Areas Upon entering, you will find a spacious open-plan living area, ideal for creating the reception, lounge, and dining area for guests. The fireplace adds a cozy touch, and the


We present this unique property, located in the peaceful parish of Santo António, Funchal — a perfect investment for those looking to tap into local tourism and maximize profitability. Ground Floor – Reception and Common Areas Upon entering, you will find a spacious open-plan living area, ideal for creating the reception, lounge, and dining area for guests. The fireplace adds a cozy touch, and the fully equipped kitchen ensures all the functionality needed for breakfast service or group meals. This floor also includes a guest bathroom and direct access to the outdoors, where a generous outdoor area with barbecue can be transformed into a leisure zone, with the possibility of installing a jacuzzi or removable pool.
The ground floor also offers direct access to the garage and features two independent studio apartments (T0), perfect for private accommodation, ideal for guests seeking greater autonomy. 1st Floor – Private Rooms with a View The first floor consists of three bedrooms, a shared bathroom, and a suite with direct access to a spacious balcony boasting panoramic views over Funchal. An ideal setting to offer guests unforgettable moments, especially during the famous New Year’s Eve fireworks display. 2nd Floor – Multifunctional Attic The attic, with its own bathroom, offers great versatility and can be converted into a shared dormitory, games room, gym, or private events space. Highlights for Investors and Tourism Operators: Two independent studio apartments, ready for immediate accommodation Bedrooms and suites with panoramic views over Funchal Spacious and welcoming common areas Outdoor space with barbecue, perfect for guest socializing Garage for 2 vehicles + storage area Attic with bathroom and great adaptation potential Pre-installation for air conditioning and outdoor jacuzzi This property combines a strategic location, stunning views, and a perfect layout to be transformed into a modern hostel or distinctive guesthouse. An unmissable opportunity for those looking to invest in Madeira’s tourism sector. (ref PD-053965)

Features
Features
  • Balcony
Indoor facilities
  • Storage room
  • Garage
Outdoor features
  • Swimming pool
Statistics Funchal
$ 4 869
Price per m²
173
Quality of Life Index
47
Cost of living Index
Parameters
[:second_city:]
Funchal
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 564
2-Room Apartment
$ 1 237
Apartment Purchase Price per m²
In the City Center
$ 4 869
Outside the City Center
$ 3 453
Crime Index
20
Cost of Living and Rent Index
41
Purchasing Power Index
62
Property Price to Income Ratio
16
Safety Index
80
Traffic CO₂ Index
3192
Traffic Inefficiency Index
37
Rent Index
35
Health Care Index
52
Groceries Index
45
Pollution Index
24
Traffic Commute Time Index
19
Restaurant Price Index
45
Climate Index
99
Cost of Living Index
47
Quality of Life Index
173
Traffic Index
86
Restaurants
Meal, Inexpensive Restaurant
$ 12.30
Meal for 2 People, Mid-range Restaurant, Three-course
$ 52.69
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.37
Domestic Beer (0.5 liter draught)
$ 3.51
Imported Beer (0.33 liter bottle)
$ 3.51
Coke/Pepsi (0.33 liter bottle)
$ 1.76
Water (0.33 liter bottle)
$ 1.58
Cappuccino (regular)
$ 2.30
Markets
Milk (regular), (1 liter)
$ 1.12
Loaf of Fresh White Bread (500g)
$ 2.08
Eggs (regular) (12)
$ 3.86
Local Cheese (1kg)
$ 10.65
Water (1.5 liter bottle)
$ 0.87
Bottle of Wine (Mid-Range)
$ 7.03
Domestic Beer (0.5 liter bottle)
$ 1.45
Imported Beer (0.33 liter bottle)
$ 3.07
Cigarettes 20 Pack (Marlboro)
$ 5.85
Apples (1kg)
$ 1.85
Chicken Fillets (1kg)
$ 7.28
Oranges (1kg)
$ 1.87
Potato (1kg)
$ 2.03
Lettuce (1 head)
$ 1.75
Rice (white), (1kg)
$ 1.67
Tomato (1kg)
$ 2.61
Banana (1kg)
$ 1.86
Onion (1kg)
$ 2.04
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.70
Transportation
One-way Ticket (Local Transport)
$ 2.28
Monthly Pass (Regular Price)
$ 35.13
Gasoline (1 liter)
$ 1.94
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 35 180
Taxi Start (Normal Tariff)
$ 4.10
Taxi 1km (Normal Tariff)
$ 1.46
Taxi 1hour Waiting (Normal Tariff)
$ 19.44
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 39 896
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 109
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 48.60
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.44
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 310
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 42.94
Tennis Court Rent (1 Hour on Weekend)
$ 8.78
Cinema, International Release, 1 Seat
$ 9.08
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 65.28
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 34.84
1 Pair of Nike Running Shoes (Mid-Range)
$ 87.82
1 Pair of Men Leather Business Shoes
$ 79.04
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 434
International Primary School, Yearly for 1 Child
$ 8 905
Contact seller
Contact seller

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