BUILDING 358 m² TO RENOVATE Funchal

Building to rehabilitate with 3 floors, located in the commercial heart of Funchal, a few steps from Rua Ferna£o Ornelas and the passenger port.Excellent investment potential.Inserted within the Urban Rehabilitation Area (ARU) of Funchal with tax benefits: IMT and IMI exemption (5 years), reduced VAT (5%), reduced taxation on Property Income and Capital Gains (5%), and other tax support. Possibility of IFRRU financing up to 100% of the investment value with a term of up to 20 years and reduced interest with a grace period of up to 4 years.Adjacent to the Building Code Idealista 02699 located at Rua 31 de Janeiro (1,478 m2).For more information and to schedule a visit, contact us.Madeira Island, the best Island Destination in Europe and the World 2015-2021 according to the World Travel Awards.