€950,000

Excellent opportunity for investment or own housing. 2-storey villa, with 6 rooms, 2 living rooms, 2 kitchens, 3 bathrooms, 2 pantries, balconies around and basement with mill. Solid construction, with very generous areas, being habitable, requiring only some modernisation works. The great highlight of this property is its high potential to be transformed into several housing fractions, making it ideal for long-term rental, local accommodation or monetisation project. Inserted in a good plot of land with fruit trees, gardens and vegetable garden, the right to irrigation water and supply by 'água de pena', also having parking for several cars and space for the construction of a swimming pool. Located in a low-lying area, with excellent access by two streets, just 2 minutes from the centre of Santa Cruz and Madeira Airport, 20 minutes from Funchal and very close to the access to the Expressway. Great opportunity for investors looking for a property with great potential for appreciation and profitability. Energy Rating: E #ref:1752 - 1752 - Imobiliária Regional