Description
Singular Investment Opportunity in Ponta do Sol: 3-Bedroom Villa with High Rental Potential and Appreciation
Located in the picturesque and sunny parish of Canhas, in the municipality of Ponta do Sol, this unique property combines traditional charm with a high potential for investment and rental income.
With generous areas and unparalleled sun exposure, it is the perfect asset for those seeking to maximize financial returns on Madeira Island.
Focus on Rental and Multiple Use Potential This villa features a space distribution that allows for multiple utilization and exploration configurations:
Garage/Workshop Floor (Former Workshop): A vast space on the lower floor, measuring approximately 182.40 m². Previously utilized as an auto workshop, this floor has capacity for more than 20 cars, including an office and bathrooms.
Potential: Ideal to be rented out as a warehouse, covered parking area, or to be converted into a large open-space for various commercial or leisure purposes.
Main Floor (T3): The entrance floor is developed into a functional living area. It includes three bedrooms (one being a suite with sea view and balcony), two complete bathrooms, a spacious dining room, and a common living room with a balcony and sea view. The kitchen, with a generous 21.10 m², has direct access to the garage (with capacity for two cars), optimizing functionality.
Upper Floor (Attic): An impressive attic measuring 55.00 m² with windows overlooking the valley and the sea.
Potential: With the possibility of independent access, this space can be adapted for the construction of a 1-bedroom apartment or studio, creating a second residential unit for long-term or tourist rental (Alojamento Local), maximizing the occupancy rate and financial return.
Immediate Appreciation Opportunity The villa requires renovation work, allowing the new owner to adapt the design to their needs and immediately increase its market value after rehabilitation.
In the current state: 425.000€ Renovated and ready to move in: 495.000€
This is an unmissable opportunity to acquire a property with a solid structure, vast areas, and high potential for income in Ponta do Sol, the sunniest municipality on Madeira Island.
Schedule your visit and discover the potential of this singular property.
Energy Rating: F
