Large Restaurant & Beverage Commercial Space — Ajuda, Funchal

About this Listing

This property was selected and recommended by Porameta for its valuable investors. This substantial commercial space in the premium Ajuda area of Funchal presents a large-scale opportunity for investors or hospitality operators seeking a restaurant, bar, or food-and-beverage venue in one of Madeira's established tourist and residential areas. The property offers approximately 1,011 m² of main commercial space, supported by two storage rooms of approximately 14.50 m² each and 15 dedicated parking spaces. Six of the parking spaces measure approximately 25 m² each, while the remaining nine measure approximately 12 m² each, providing a significant parking provision for customers, staff, or business operations. Located at the intersection of Avenida do Infante and Rua Nova da Ajuda, the property benefits from a strategic position surrounded by residential communities, hotels, tourism activity, local businesses, public transportation, and the Funchal seafront and promenade. The location provides access to both a substantial local customer base and a significant tourist and transient population. The space is specifically intended for restaurant and beverage establishments, making it particularly suited to a large restaurant, bar, hospitality concept, event venue, or other permitted food-and-beverage operation. The property is located on a low floor within a gated development and includes an entrance hall, pantry, storage areas, elevator access, accessibility for people with reduced mobility, and concierge/doorman services. It also benefits from west-facing orientation and garage/parking facilities. The property does require renovation, which creates an opportunity for an investor or experienced operator to redesign the interior and create a modern hospitality concept tailored to the strong tourism environment of Funchal. Its substantial floor area, extensive parking, central tourist-area location, and restaurant-specific designation make it a potentially significant commercial hospitality asset in Madeira. This property was listed by Pedro Augusto Fernandes as the original product provider. For interested parties, please contact Pedro Augusto Fernandes directly with the details below: Phone: +351966171787 Email: p.fernandes@kwportugal.pt