€265,000

Calheta Ilha da Madeira

Overview

SUMMARY: Discover an opportunity with this Calheta villa for sale and available for €265,000. This could be your next ideal home or a smart investment. More details await.

This unique property comprises three houses totaling 261m2 and two barns that add irresistible rustic charm.

Offering parking space for up to four vehicles, this property has the flexibility to adapt to individual needs, including removing one of the barns to increase parking capacity. One of the houses is entirely built in stone, giving it character and uniqueness, while the other has one stone bedroom, adding a touch of authenticity. Located in the charming
Calheta, the property enjoys an altitude of 250 meters, providing breathtaking panoramic views of the surrounding landscape. With spacious and versatile spaces, unique features, and rental income potential, this property is an excellent choice for investors looking to maximize their return on investment. After renovation, the investor can obtain four independent units (two houses with three rooms and one barn), each with the potential to be rented separately, further expanding rental opportunities. Additionally, it is possible to highlight the 1500m2 plot of land. By making this highlight, the land facing the lower road will be located in a construction zone (dispersed building), which enables the construction of a house on this lower plot. This highlight can be made at the time of the deed. After the highlight, the lower plot will have approximately 700m2. LOCATION: 32.722569729364224, -17.167405137379312

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Details

  • Beds: 5
  • Baths: 2
  • Price: €265,000
  • Internal Reference No.: VSM007
  • Area: 1,500 m2

Amenities

  • Home: Energy Certificate: D

Location

Marketed by:

  • Thronus Real Estate
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  • +351 926401238
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