Funchal Hotels for Sale Real Estate & Property Listings, Free Funchal Hotels for Sale Website, Funchal, Madeira, Portugal Hotels for Sale

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Family run hotel for sale (MD431459) - Property in Funchal - *** Portugal Real Estate, Madeira Real Estate, Funchal Real Estate: Hotels for Sale Hotel Complex comprising 3 buildings (39 rooms, 15 with frontal sea views and balconies), swimming pool, kitchen (capability 100+ covers per service) and 34 cover restaurant plus dining terrace on 1450 sq m. Separate annex commprising 10 further rooms and owners apartment on 340 sq m. Beautiful elevated position overlooking Bay of Funchal. Recent significant renovation program including infrastructure upgrades, kitchen and rooms. - Occupancy consistently exceeds 70% - Restaurant covers 30+ per night. *** Price: 2,100,000 EUR (~ $ 2,383,925 USD)