Exclusive Three-Bedroom Penthouse with Short-Term Rental Licence — São Martinho, Funchal

Property description

A striking three-bedroom penthouse on the top floor of a modern building, in one of Funchal's most prestigious and sought-after districts — São Martinho.

With 147 m² of usable area and 178.5 m² gross, the property combines comfort, privacy and a privileged location, creating a genuine sense of exclusivity.

Built in 2020, it sits in a quiet, well-established residential area close to a wide range of services and amenities, including restaurants, cafés, bakeries, pharmacies, supermarkets, shops and the Fórum Madeira shopping centre.

The location also offers quick access to the seafront and to some of Madeira's best-known bathing areas, including Praia Formosa, Doca do Cavacas, Ponta Gorda and the Lido.

A property with strong investment potential: the penthouse holds a licence and authorisation for Alojamento Local (AL) — Portugal's short-term tourist rental scheme — making it a particularly attractive proposition for investors seeking a property that can be operated for holiday letting.

Long-term letting is equally possible, allowing the owner to choose whichever strategy best suits their objectives.

The combination of location, size, recent construction and existing AL authorisation makes this a distinctive opportunity within the Funchal property market.

An exclusive penthouse with generous proportions, recent construction and an existing short-term rental licence, in one of Funchal's most valued locations.

Arrange a viewing: for further information or to arrange a private viewing, please contact De Sousa Luxury Real Estate.