Mer et Demeures : Great selection of sea view apartments and seaside houses in France and abroad
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Mer et Demeures : Great selection of sea view apartments and seaside houses in France and abroad
Mer et Demeures : Great selection of sea view apartments and seaside houses in France and abroad
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Mer et Demeures : Great selection of sea view apartments and seaside houses in France and abroad
3 bedroom sea view villa
1/23

3 bedroom sea view villa

For sale

Caniço, Madeira, Portugal

€1,430,000
Ref. 984536
Description
Exclusive Opportunity in Madeira: 3-bedroom House with Sea View & Active AL (7.5% ROI) Typology: V3 (3 Independent Apartments) Rooftop: 80 m² Garage: 2 Vehicles Condition: Excellent / Business in Operation Property Summary We present this magnificent contemporary house, strategically located in the prestigious area of Caniço de Baixo, just 80 meters from sea level and a 5-minute walk from Praia dos Reis Magos. Part of Madeira's coveted "Linha do Sol Eterno", the property benefits from a mild and sunny microclimate all year round, within walking distance of restaurants, promenades and services. The great advantage of this property is its high profitability and legal value: the property is divided into 3 completely independent apartments (Pearl, Amber and Crystal) and has an active and transferable lifetime Local Accommodation license (AL) — a rare and highly valued asset in the current market. Main Features & Layout 3 Autonomous Units: Each apartment has a private entrance, equipped kitchen, large bedroom and modern bathroom. Panoramic Rooftop (80 m²): Impressive terrace at the top of the building with wooden pergola, dining/barbecue area and 180° unobstructed views of the Atlantic Ocean. Ground Court & Gardens: Private courtyard with lounge area, decorative stone pond and low maintenance garden. Double Closed Garage: Covered and secure space for 2 large vehicles with automatic gate. Premium Construction: Modern architecture with external thermal insulation (Capoto), high-resistance double glazing, air conditioning and preparation for Smart Home. Proven Financial Performance (Turnkey Business) The property is sold fully furnished, decorated and equipped, including the active reservation portfolio and the operation set up on the Airbnb and Booking.com platforms: Estimated Annual Gross Revenue: R$ 143,209 Net Revenue (RLO): R$ 106,908 / year (Operating margin of 74.7%) Cap Rate / Net ROI: 7.5% Projected Profitability in 5 Years: ~13.0% p.a. (including capital appreciation) Location & Distances Reis Magos Beach: 5 min walk Madeira International Airport (FNC): 10 min by car Center of Funchal: 13 min by car Ideal for international investors seeking passive income in Euros, or for those who want a luxury residence with immediate profitability. Get in touch to receive the full Investment Memorandum or schedule a private showing! #ref: 984536
Features
Useful area (m²) :
131.00
Rooms :
8
Bedrooms :
3
Bathrooms :
3
Plot area (m²) :
198.00
Construction Year :
2023
Diagnostics
Energy Efficiency class
B
Greenhouse gas emission
N.C.

Location

Calculate your monthly repayments
Non residents usually require a deposit of 30-40%

* These results are for illustrative purposes only and do not constitute financial advice. Always consult a qualified lender for personalised information.

Monthly repayments*
€5,011

* These results are for illustrative purposes only and do not constitute financial advice. Always consult a qualified lender for personalised information.

Presented by
IAD Portugal SA
Av. da Boavista 934 Porto Portugal http://www.iadportugal.pt/
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