€295,000

Exclusive Estate in Fajã da Ovelha - Historic Ruin with Expansive Land Price: €295,000 Location: Fajã da Ovelha, Calheta, Madeira Discover a unique investment opportunity in one of Madeira's most serene and authentic locations. This expansive estate in Fajã da Ovelha offers the perfect canvas for a premium rehabilitation project, combining historic charm with significant agricultural potential. The Property The heart of the estate is a traditional two-story stone house, built in 1937, currently classified as a building in ruins. This status provides a simplified pathway for reconstruction, maintaining the authentic Madeiran architectural soul while allowing for modern interior luxury. Gross Construction Area: 160.10 m² Building Footprint: 80.05 m² Current Configuration: 2 floors with 6 potential rooms Heritage Status: Pre-1951 construction, offering specific licensing advantages for rehabilitation The Land Total Measured Area: 1,940 m² (usable, according to topographic survey), 140m2 ruin plus out houses. Terrain: Traditional terraced landscape, perfect for 'farm-to-table' gardens, vineyards, or extensive landscaping Agricultural History: Rich soil previously used for sweet potatoes, wheat, and straw. REF 101837. See this and other properties at (url hidden) Credit intermediary approved by the Bank of Portugal. We handle all the paperwork at no cost to the client. Founded 24 years ago, Condelix is a Portuguese-owned real estate company that currently holds a privileged position in the national real estate market. With strong synergies with a network of builders, banks and investment funds, we guarantee a unified approach for our clients, wherever they are and in any location they wish to buy, rent or sell a property. Energy Rating: G #ref:101837 - 101837 - Condelix - Mediação Imobiliária, Unipessoal, Lda