€245,000

**House for Sale - Terra Grande, Serra de Água, Madeira** A property located in Terra Grande, Serra de Água, offering potential as a permanent residence or investment opportunity. Ideal for buyers looking for a property to renovate and personalise according to their own preferences. The house is arranged over two floors. The first floor comprises one bedroom, a living room, a kitchen and a bathroom, providing the basic facilities for residential use. The second floor features an additional bathroom, which is currently not functional, as well as two storage rooms that could offer further potential, subject to renovation. The property also benefits from a separate storage building (traditional outbuilding) located next to the house, along with a garage with an approximate capacity for two to three cars. Access to the main house is via an external staircase. **Condition of the Property** The house is minimally habitable and has the essential rooms for basic residential use, including a bedroom, kitchen and bathroom. However, it requires renovation and improvement works throughout most of the property to enhance its comfort, functionality and overall living conditions. This is an opportunity for anyone looking for a property with renovation potential in a quiet area of Serra de Água, with the possibility of adapting the space to their own needs. *Please note: Any mortgage approval will depend on the property's valuation, its actual condition and habitability, and the lending criteria of the financial institution.* Energy Rating: E #ref:CAS 22 - CAS 22 - Imobiliária da Vila Brava