€840,000

Magnificent property located in the charming and picturesque parish of Ponta do Sol, one of the sunniest and most sought-after areas of Madeira Island. The villa is set on a plot of 910m2, fully renovated, combining the charm of traditional Madeiran architecture with modern comfort, offering an excellent opportunity for own housing or investment. Features: The main villa has 2 bedrooms, 2 sanitary facilities, kitchen and cosy living room, air conditioning in all rooms and a pleasant terrace with panoramic views of the sea and the valley. The cosy exterior consists of a large backyard with swimming pool, gardens, several fruit trees, land for an organic vegetable garden, private parking for several cars, automatic gate and a water tank with irrigation water from the levada. Great Investment Potential: One of the great highlights of this property is its enormous potential for profitability. It has a 'haystack' and a 'mill', both with 2 floors, with the possibility of conversion into 3 independent units (2 T1 apartments and 1 T0 flat), making it an excellent option to convert into Local Accommodation or long-term rental. Prime Location: - Just 4/5 minutes from the beach and the centre of Ponta do Sol and 30 minutes from Funchal - Very quiet area with excellent sun exposure all year round - Ocean and valley views - Second pedestrian access from another main road. - Excellent accessibility and proximity to all services A unique property that brings together quality of life and a high potential for appreciation and profitability. Schedule your visit now. Energy Rating: D #ref:1755 - 1755 - Imobiliária Regional