An Existing boutique hotel situated within the heart of Funchal, Madiera we are pleased to announce this investment opportunity in a thriving market both for tourism and business clientele.In terms of amenities and services, the ApartHotel has fully equipped rooms are fully equipped with kitchenette and minibar, with balcony, air conditioning, bathrooms, private rooms, access card system, free wi-fi.On the exterior there is a large sun terrace with sun loungers, bar, elevator, daily cleaning service, reception service, Jacuzzi and a minimarket (external and not included in the sale of this asset).Full Description:Consisting of a total of 23 apartments» Floor -1: Warehouse, deposit, technical area of ??the hotel, changing rooms,cafeteria, bathroom and access to vehicles.» Ground floor: Shop (minimarket with terrace – NOT INCLUDED), hotel reception, SPA anddining room for hotel guests» 1st Floor: 8 fully equipped apartments, type T1» 2nd Floor: 8 fully equipped apartments, type T1» 3rd Floor: 5 fully equipped apartments, type T1 + 1 T1 Apartment» 4th Floor: 1 2-bedroom apartment with balcony, solarium with showerAnother strong point of this property is that all units are autonomous since the asset has a PH which in simple terms means It has a higher average occupancy rate of 90%, “always overbooked”, with the daily price in low season around €80 per night, and in high season it reaches €125/130 per day. Indeed the majorty of 2025 has all been sold out, and a large part of 2026 too!**The sale is made free of operator**This is an excellent opportunity for small operators wishing to make thier stamp in a very emerging market in the heart of Madiera.