House T21 for sale in Ilha da Madeira

Building for Sale Iconic building in the heart of Rua das Mercês. Since the 17th century, this artery of the city of Funchal has hosted convents, religious institutions, cultural hubs, and educational establishments, one of which is this building. Situated in an ARU zone, it offers access to incentive programs such as IFRU, making it a strategic investment opportunity. With a spacious and versatile space of 1117 m² of area and 1333 m² of gross construction area, it has potential for residential, hotel, or commercial projects waiting for creativity and the hands of experts to transform and revalue this emblematic building. The history and charm of this place await a new vision to recreate the splendor that once marked this central area of Funchal.