ARTS IN City Apartments Ponte Nova
ARTS IN City Apartments Ponte Nova is a building built from scratch for the short-term rental market in 2005 and is composed by 15 apartments, spread over 5 floors, and two commercial spaces on the ground floor for restaurants. It is located at Rua da Ponte Nova 8 - 14, in a residential area, just 5 minutes from Funchal's city centre and near the main access routes to the airport and other cities and towns of Madeira Island. The building has a gross construction area of 1066sqm, and is implemented on a land with 146sqm.
The asset was sold in 2021 after 16 years of operation.