Description
Spacious T7 Oceanfront Residence
Among the very last true first-line oceanfront properties in Funchal, this unique double home in Lazareto offers an exceptional investment opportunity for a truly fortunate future owner.
Set in one of Funchal's most prestigious areas and within walking distance of the city centre, this historic building carries a charming legacy while presenting enormous potential for a remarkable future project.
Named Solar da Estela (Star Manor), the property overlooks Calhau da Estela (Star Beach) a pebble beach that was once accessible only by boat or through a pedestrian pathway leading down to the sea. Although the original pathway was lost during a storm years ago, it may be possible to create a new connection from the house to the beach, either by a staircase or an elevator. If achieved, the property would once again enjoy private beach access, a truly rare feature on Madeira's south coast.
Two Large Independent Houses with Ocean Views
Originally a single manor house, the building was divided into two spacious four-bedroom homes, one on each floor.
Both properties have:
Private entrances
Allocated parking
Generous terraces with uninterrupted ocean views
Four bedrooms each
Multiple bathrooms
Built over 60 years ago with high-quality materials, the structure has required no major interventions. It stands out for its high ceilings, abundant natural light, and expansive indoor and outdoor spaces overlooking the coastline. Its neutral style makes it easy to remodel according to the next owner's architectural and decorative preferences.
Layout - Upper House
Entering the upper floor, you find an entrance hall with a bedroom on either side, the left one being a suite.
A central corredor leads to:
A large dining room on the right
Two additional bedrooms on the left
A bathroom and laundry area at the end of the hall
A kitchen to the right
A very spacious living room with breathtaking ocean views
This house also has access to a loft area featuring its own outdoor balcony, a small bathroom/shower room/kitchenette. Here we see the recently renewed roof tiles that demonstrate the property's excellent condition and freedom from damp issues.
Layout - Lower House
The lower floor opens into an entrance hall/office area, followed by:
A bedroom/office
A bathroom
Two additional bedrooms
A kitchen
A large sitting room
A side entrance on this level leads to another bedroom, several bathrooms, and multiple storage rooms.
Condition & Modernisation Needs
While the houses are habitable making it possible to live in one while renovating the other the property would benefit from modern upgrades.
Items requiring updating include:
Solar panel system
Water storage equipment
Electrical wiring
Plumbing
Kitchens and bathrooms
Original wooden windows, wooden block / tiled floors, outdated finishes
Renovating both houses simultaneously could offer efficiency and design cohesion.
Legal & Development Potential
The current registration lists the property as one building with two independent fractions.
Possible future uses include:
Converting into one large luxury residence
Creating a boutique hotel
Further subdividing into smaller apartments
Developing a holiday rental operation
The property does not carry the restrictions of official Madeira manor houses ('Quintas'), yet it retains the charm and character associated with such historic estates.
Outdoor Areas
The exterior spaces include charming cobblestone courtyards, fruit trees, flowerbeds, and broad terraces that capture dramatic ocean vistas. From here, you can admire the cruise port to the right and rugged sea cliffs to the left a truly privileged panorama.
A Rare Oceanfront Opportunity in Madeira
Whoever becomes the next owner of Solar da Estela will secure one of Funchal's rarest frontline south-coast properties a unique gem with enormous potential in a location where oceanfront land is extremely limited and highly sought after.
It is an outstanding investment for:
Those seeking a large luxury family home
Buyers wanting a high-yield holiday rental property
Investors planning a small hospitality project
Visionaries wanting direct access to a private pebble beach
Warning High Interest
If this property resonates with you, do not hesitate to contact us for more information, to ask questions, or to book a video tour or on-site visit. The property already has multiple interested parties.
Note: Stated area sizes are approximate, to serve as guide along with the layout images.
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Madeira is one of Europe's hottest destinations for property investment. The best homes, villas, and apartments sell fast often before they appear widely online. At Winvicta, we are part of a network of collaborating agencies.
We use advanced systems that gather all available listings across the island. Our clients get exclusive access to the best opportunities. Contact us today to simplify your search and secure your ideal property saving time, effort, and stress.
Energy Rating: C
