This vacant building to be completely renovated is located in Calçada de Santa Clara, in São Pedro. Its central location, just a few meters from the center of Funchal and close to all kinds of services and shops, offers excellent investment potencial.
The property is part of the ARU (Urban Rehabilitation Area) which offers many tax benefits including a 5 year IMI exemption as well as an IMT exemption on first transaction after renovation and other great tax benefits.
The ARU in the historic center of Funchal has an area of 1.13 Km2 and is located in the municipalities of Santa Maria Maior, Sé, São Pedro and Santa Luzia. It builds on the current boundaries of the historic center of Funchal, extending it by 0.16 km2.
Do not miss this investment opportunity and contact us for further information.
The property is part of the ARU (Urban Rehabilitation Area) which offers many tax benefits including a 5 year IMI exemption as well as an IMT exemption on first transaction after renovation and other great tax benefits.
The ARU in the historic center of Funchal has an area of 1.13 Km2 and is located in the municipalities of Santa Maria Maior, Sé, São Pedro and Santa Luzia. It builds on the current boundaries of the historic center of Funchal, extending it by 0.16 km2.
Do not miss this investment opportunity and contact us for further information.
