1 Bedroom Home for Sale in Funchal - Madeira Island - Portugal

• Bedrooms: 1
• Bathrooms: 1
• Parking: 1
• Size: 49.5 m²
• Price: €392,673

Charming 1 bedroom home, resulting from the transformation of a studio, located on the second floor of the prestigious Edifício Navio Azul, on Estrada Monumental, one of the most valued and sought-after areas of Funchal. With parking and an unobstructed view, this is a rare opportunity for those seeking a property with a premium location, comfort, and strong appreciation potential. A few steps from the sea and located in a high-demand tourist area, this apartment benefits from a unique environment, ideal for both own housing and investment. Currently operated as a short-term rental (AL), it also represents an excellent solution for those who wish to maintain an asset with immediate profitability in one of Madeira's most desired locations.