€430,000

House for sale Machico
Property photo number 1 of 15 Photos for Property. File 103328251_2345_f8440219128ca06a01dadb5c8c3106a9.jpeg

Overview

SUMMARY: Discover an opportunity with this Machico house for sale and available for €430,000. This could be your next ideal home or a smart investment. More details await.

Small building, with good structure and concrete slabs, with enormous potential for profitability, either through long-term rental, Local Accommodation (AL) or mixed use with commercial space. The building is habitable but in need of renovation works. Features:

- 6 rooms - 4 bathrooms - 2 kitchens - 2 living rooms - Terrace with sea views, city centre and mountains Development potential: - Possibility of division into 3 independent fractions - Conversion into 3 T1 apartments or up to 6 T0 studios Prime location: - A few minutes' walk from the sea and sandy beach of Machico - Next to shops, services, restaurants and public transport - 5 minutes from the airport - 20 minutes from Funchal A great opportunity to create a high-profitability real estate project in one of the most charming cities in Madeira. Ideal for investors looking for recurring income and equity appreciation. Invest in your future today. Energy Rating: E #ref:1747 - 1747 - Imobiliária Regional

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Details

  • Beds: 3
  • Baths: 4
  • Price: €430,000
  • Reference No.: 181671405
  • Area: 190 m2

Location

Marketed by:

  • Imobiliária Regional
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