Quinta da Cova, historic Funchal estate with boutique hotel potential

On Rua da Torrinha, a few minutes from central Funchal, Quinta da Cova is a manor house dating from around 1814 to 1815, with a historic link to the British Miles family. It sits on roughly 4,900 m² of urban land in a raised position with views over the city, the bay and the Atlantic.

The estate has 931 m² of gross construction. The main residence, presented as six bedrooms, spreads over four floors and fifteen rooms, with wooden floors, decorated ceilings, marble fireplaces and an arcaded south facing veranda. Terraced gardens, mature trees, basalt walls and Madeiran pebble paths surround it, reached through a vaulted tunnel, and there is a secondary building.

The property needs full restoration. It could become a large private town residence or, for investors, a boutique hotel: a published proposal foresees 34 units, subject to confirmation of licensing and approvals. A pool or spa could be added with the proper permits.