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Midtown Funchal 8 Bedroom Guest House With Pool For Sale

Funchal, Madeira
Asking Price:
€750,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

A charming traditional Madeira property constituted of a Manor House and a Caretaker’s House offering in total 8 delightful bedrooms currently used as guest accommodation. The property is located less than 2 kilometres from Funchal city centre benefiting from privacy and tranquillity. This family run business has been established for over 30 years and has been well maintained throughout. It is now being offered for sale as the owners long for a well-deserved retirement.
The business enjoys a solid reputation within the local community as well as outstanding and consistent 5* reviews from Booking.com. As such it has a high level of regular and repeat guests. In addition, its privileged location near the Monte Wicker Basket Toboggan rides (famous tourist attraction) contributes to its annual turnover with plenty of walk-in tourists who choose to have refreshments and light snacks at the property´s lovely outdoor patio.
This is a superb opportunity to purchase a well-established lifestyle business with potential to build upon its current success since their attractive occupancy rates and turnover have been attained without any dedicated marketing other than third party booking sites.

Property information

Real Estate:

Real Property Included

Location:

Located in Monte Parish, approximately 2km from Funchal city centre.

Business Operation

Reasons for selling:

Owners wish to retire.

Trading hours:

24/7 operation

Employees:
2
Years established:
30

Contact Information

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