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1 500 000 €

Villa on Madeira, Portugal, 560 m²
  • Villa on Madeira, Portugal, 560 m² - picture 1
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  • Villa on Madeira, Portugal, 560 m² - picture 1
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  • Property ID on Prianproperty.com: 4037800
    Last update: 27.05.2025
    Number of views: 146

1 500 000 €

Villa on Madeira, Portugal, 560 m²

560 sq.m 9 7 4
Online Viewing Cryptocurrency payment

  • On the map
  • Property ID on Prianproperty.com: 4037800
    Last update: 27.05.2025
    Number of views: 146

Specifications

Sale price 1 500 000 €
House Area 560 m²
Site plot 2 010 m²
Number of storeys 3
Total number of rooms 9
Number of bedrooms 7
Number of bathrooms 4
Construction phase Resale
Date of construction 1923
Address Portugal, Madeira, Funchal
Location at the seaside, within the city

Additional services

  • Online viewing is available
  • Cryptocurrency payment is available

Finance

Business expenses
Not included in the price

Description

Unique 1923 Palace in the Historic Center of Funchal

Discover a rare gem on Madeira’s real estate market — a magnificent palace built in 1923, located in one of Funchal’s most charming and authentic neighborhoods. With a plot size of 2,010 m², this property offers outstanding potential to create your dream landscape: a private garden, swimming pool, or tranquil leisure spaces — all within a serene and historic setting.

The palace has been beautifully preserved, showcasing its original features: intricate ceiling moldings, solid wooden staircases, and elegant wraparound balconies. The panoramic views from the veranda will amaze your guests year-round — the Atlantic Ocean, lush hillsides, and the historic cityscape combine to form a breathtaking and timeless backdrop.

The neighborhood retains the charm of the early 20th century, while offering easy access to the heart of Funchal. It’s the perfect balance between seclusion, history, and urban convenience.

Key Features:

  • Prestigious location in Funchal’s historic center

  • 2,010 m² plot with expansion and development potential

  • Well-preserved original architecture

  • High historical value and uniqueness

  • Ideal for a private residence, boutique hotel, or luxury estate

Don’t miss this rare opportunity to own a piece of Madeira’s architectural history.


Additional features

House details

  • some renovation needed
  • sea view
  • fine finishing
  • furniture only in kitchen
  • balcony/terrace
  • central water supply
Read further

Contact seller

Message sent

Representative

Palina Lysenka
real estate agent
Languages: english
Show phone number



Cost of accomodation on Madeira

Cost of accomodation on Madeira
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 49.00 €
1 Pair of Men Leather Business Shoes 72.14 €
1 Pair of Nike Running Shoes (Mid-Range) 63.75 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29.14 €
Restaurants
Cappuccino (regular) 1.44 €
Coke/Pepsi (0.33 liter bottle) 1.46 €
Domestic Beer (0.5 liter draught) 2.50 €
McMeal at McDonalds (or Equivalent Combo Meal) 7.05 €
Meal for 2 People, Mid-range Restaurant, Three-course 49.00 €
Meal, Inexpensive Restaurant 8.00 €
Water (0.33 liter bottle) 1.21 €
Imported Beer (0.33 liter bottle) 1.60 €
Markets
Apples (1kg) 1.63 €
Banana (1kg) 1.31 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 11.65 €
Bottle of Wine (Mid-Range) 4.50 €
Chicken Fillets (1kg) 5.70 €
Domestic Beer (0.5 liter bottle) 1.52 €
Eggs (regular) (12) 3.06 €
Lettuce (1 head) 1.15 €
Loaf of Fresh White Bread (500g) 1.44 €
Local Cheese (1kg) 8.62 €
Milk (regular), (1 liter) 0.91 €
Onion (1kg) 1.95 €
Oranges (1kg) 1.26 €
Cigarettes 20 Pack (Marlboro) 5.40 €
Potato (1kg) 1.11 €
Rice (white), (1kg) 1.21 €
Tomato (1kg) 1.51 €
Water (1.5 liter bottle) 0.70 €
Imported Beer (0.33 liter bottle) 2.45 €
Transportation
Gasoline (1 liter) 1.80 €
Taxi 1hour Waiting (Normal Tariff) 25.00 €
Taxi Start (Normal Tariff) 3.00 €
Taxi 1km (Normal Tariff) 0.82 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27 250.00 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30 500.00 €
Utilities (Monthly)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 18.50 €
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 90.49 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 38.75 €
Childcare
International Primary School, Yearly for 1 Child 6 000.00 €
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 215.00 €
Salaries And Financing
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.95 %
Sports And Leisure
Cinema, International Release, 1 Seat 7.00 €

Data on the cost of living is provided by the service Numbeo.com. Prianproperty.com can not in any way guarantee the authenticity and correctness of the data.

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Seller
Palina Lysenka real estate agent

KW Alfa Madeira

Languages: english
Contact seller
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