LIVING IN PARADISE
The Funchal Cottages are restored historic villas of various sizes near the Zona Velha, in the center of Madeira's capital, right by the sea. They are all equipped with a pool terrace and the fastest WiFi on the island (fiber optic, 5G), have a garden and stand out for their unique and luxurious interior design.
Three of these magnificent cottages, which are ideal as investment properties for upmarket rentals, are currently for sale. A fourth cottage is being sold as a renovation project with completed architectural plans and a permit to implement the plans.
CASA MAR
Villa on the seafront in Rua Lazareto
3 bedrooms | 3 bathrooms | 3 terraces with panoramic views of the Atlantic | Infinity pool | Parking space
€2,500,000
Return: €140,000 through rentals per year
GALLERY
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The charming townhouse Casa Mar is located on a cliff directly above the Atlantic Ocean in the first row of Rua do Lazareto, just a short walk from the pretty old town of Funchal. The villa has been recently restored and renovated and equipped with large, floor-to-ceiling windows so that you and your guests can optimally enjoy the panoramic view that can be seen from almost every room. The Casar Mar is ideal for rental in the luxury tourist segment and is currently always fully booked as a holiday home. It is particularly suitable for families and smaller travel groups.
HIGHLIGHTS
Traditional, historical Madeiran architecture over 3 floors combined with a luxurious and modern interior.
300 sqm living space (including terraces).
3 sun-drenched, south-facing terraces equipped with designer outdoor furniture directly above the Atlantic Ocean.
3 bedrooms (one en-suite with a huge terrace), 3 bathrooms, an open kitchen and a large living room.
Infinity pool and parking space.
All rooms white, bright, open, with sea views and a unique interior design.
Open floor plans and large, floor-to-ceiling windows.
Open kitchen next to the living area with custom-made cabinets, marble countertops, fully equipped for a short or long stay. Equipped with oven, fridge and freezer, microwave, kettle, toaster, coffee machine and much more.
Air conditioning | Washing machine.
FLOOR PLANS
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Exact floor plans you can find here:
PIRATE HOUSE
Villa on the first line of the sea in Rua Lazareto
400 sqm plot area | Tropical garden | Infinity pool & solarium | Panoramic views onto the Atlantic Ocean
2 bedrooms | 2 bathrooms
€2,500,000
Return: €136,000 - €150,000 through rental per year
VIDEO TOUR
Michael Otto shows you the highlights of the PIRATE HOUSE inside and out.
GALLERY
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The Pirate House cottage is characterized by its beautiful garden right by the sea on a cliff with many native plants, its pool terrace with an infinity pool and the modern, comfortable and luxurious interior design by Cristina Leitão Abreu | Tigre Creative. This townhouse is also ideal as an investment property, as the high occupancy rate ensures a high return. This small oasis is particularly popular with travelers who appreciate the lively capital city life and the proximity to the old town combined with the peace and quiet of the sea, surrounded by tropical plants, and are looking for something special. Guests have observed dolphins and whales from the living room without binoculars.
HIGHLIGHTS
300 meters walking distance from the old town of Funchal with its bars, restaurants, cafes and lively nightlife, right on the beach.
Terrace with pool, dining area and panoramic views of the Atlantic Ocean.
Infinity pool, solarium and outdoor BBQ area.
Tropical garden with palm trees, banana trees, herb garden and other exotic plants.
Living room with air conditioning | heating, flat screen TV | cable connection and floor-to-ceiling windows that allow panoramic sea views.
Fully equipped kitchen: fridge and freezer, kitchen utensils, toaster, iron and ironing board, dishwasher, kettle, electric stove, microwave, washing machine, coffee machine, oven.
Master bedroom with double bed, high ceilings, French window, sea view, air conditioning | heating.
Second bedroom with two single beds, en-suite bathroom, high ceilings and air conditioning and heating.
One bathroom with walk-in shower and separate bathtub, marble floors, hairdryer, towels. Second bathroom with walk-in shower, cement tiles.
FLOOR PLAN
OKULUS MADEIRA
The crown jewel on the seafront in Rua Lazareto
Published in several international design magazines and travel media.
300 sqm | 4 bedrooms | 6 bathrooms | Infinity pool and roof terrace with direct views of Funchal Bay | Parking space | Stairs down to Toco beach | Stunning interior design | Hanging garden
€4,500,000
Return: Around €240,000 through rental per year
GALLERY
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The unique Villa Okulus Madeira seems to float above the Atlantic Ocean. Perched on the volcanic rock above the sea, every window in the house frames the sea and the harbor. Four en-suite bedrooms offer a private retreat with breathtaking sea views. The rooftop terrace with an infinity pool is a masterpiece of relaxed living, flanked by a hanging garden with outdoor kitchen and dining area. A sustainable cottage with solar panels, renovated with recycled materials.
HIGHLIGHTS
Natural tones complement the bright blue of the sea that is present in every room of the house. Large, modern windows frame the sensational sea views.
3 large terraces with sea views. The infinity pool is the icing on the cake of this house.
Living room: Light pours into this room with a high concrete ceiling through the six large windows. The round living room extends into the dining area and kitchen. Featuring De Gournay panels and local custom pieces as well as design classics. Here you have space at the desk to work with top-notch internet.
Kitchen and dining area: Custom-made kitchen cabinets and kitchen island with marble tops, seating for eight people around the dining table and three bar stools. Outside on the roof terrace there is a large dining area for at least 8 guests with outdoor kitchen and BBQ area.
Roof terrace: Beautiful terrace on the top floor of the house with almost 100 sqm of space to relax. Marble stripes on the floor, together with the view of the sunset over Funchal harbor, make for perfect photos. Large lounge area for relaxing and sunbathing and a bathroom.
Themed bedrooms in different colors and with sea views.
Equipment: Air conditioning | Heating, washing machine, tumble dryer, kitchen appliances, towels, bed linen etc. - fully equipped.
FLOOR PLANS
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THE LARGO
Villa overlooking Funchal Bay in the historic Largo do Lazareto
Dream renovation project: 231 m² construction area | Plans approved 2024 | 3 floors | Rental apartment
3 bedrooms with en-suite bathrooms | Infinity pool on the roof terrace
€690,000
Additional investment: approx. €400,000 renovation costs
Value of the house upon completion: €1,800,000
Return: approx. €140,000 from rentals per year after completion of renovations.
GALLERY
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The Largo Cottage offers a unique opportunity to transform a historic building into a dream home by the sea in the old town of Funchal. The architectural plans for the renovation project have been fully approved in 2024, so you can start the renovation immediately.
HIGHLIGHTS | FLOOR PLANS | LOCATION
Three bedrooms, roof terrace with infinity pool, tropical garden, modern kitchen with access to the garden, including a small rental apartment.
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Exact floor plans you can find here:
Location
Have we piqued your interest?
Then contact Michael Otto, our man on Madeira: He has further information for you, will accompany you through the purchase of your dream property up to the notary appointment and beyond, advises you on investment properties and rentals and makes his extensive network on Madeira available to you for the renovation of The Largo cottage. You can reach Michael Otto on his mobile at +351 917 640 584 (also via WhatsApp). Or write to us to concierge@immomadeira.com.
Arrange a viewing appointment today!
Properties on Madeira are more in demand than ever and are now selling very quickly in Funchal. You can arrange your viewing appointment with Michael Otto online or on site.