Maison Ribeira Grande

Identificação do imóvel: ZMPT592678

Located in Santa Bárbara, in the municipality of Ribeira Grande, this property stands out not only for its generous spaces, but above all for the potential that the existing ruin adds to the property.

With 360.1 m² of gross construction area, set on a 377.5 m² plot, this property can be much more than simply a family home: it can represent an investment opportunity with long-term appreciation potential.

The House

The main house is a 6-bedroom property, with 6 bedrooms and 3 bathrooms, standing out for the large and generous dimensions of all its rooms.
The spacious layout provides comfortable living for a large family while also offering flexibility for different needs and projects.

Outside, the property features a terrace with sea views and balconies, providing pleasant spaces for leisure and entertaining.

It also benefits from solar panels and a heat pump, contributing to greater energy efficiency.

The outdoor area also includes an entertaining space equipped with a barbecue and wood-fired oven, ideal for family meals and gatherings with friends.
The property also offers outdoor parking for up to 4 vehicles.

The Ruin

This is where the property becomes particularly interesting from an investment perspective.
The plot includes an independent ruin, which could represent an excellent opportunity for anyone looking to create additional value through the property.

Subject to planning feasibility, the appropriate project and the necessary authorisations, the renovation of the ruin could be explored with the aim of creating a new independent dwelling.

Depending on the project and applicable legal framework, this new property could potentially be used to:

- Sell, creating a second property and potential capital gain;
- Rent out, creating an additional source of income;
- Generate a return on investment, through a long-term investment strategy;
- Create a second home for family members;
- Convert the space into a garage or ancillary area for the main house;
- Or, if this proves to be the most appropriate solution, demolish the ruin and make use of the resulting land area for another purpose.
In other words, the ruin should not simply be viewed as an existing structure on the plot, but as an asset with the potential to transform and increase the value of the property.

The Potential

For a buyer simply looking for a home, the property offers space, comfort, sea views and a range of amenities.
For a buyer with an investment perspective, the ruin opens the door to different value-creation strategies, from developing a second dwelling for subsequent sale or rental, to creating a garage or simply freeing up the area through demolition. In practice, the buyer could acquire a property with two potential avenues for value appreciation: enjoying the existing house while simultaneously exploring the use of the ruin to develop a new project.

Important: any intervention involving the ruin, including reconstruction, extension, change of use or demolition, will naturally be subject to planning feasibility and the applicable licences and authorisations.

Highlights

- 6-bedroom house
- 360.1 m² gross construction area
- 377.5 m² plot
- 6 bedrooms
- 3 bathrooms
- Spacious rooms throughout the property
- Terrace with sea views
- Balconies
- Solar panels
- Heat pump
- Barbecue
- Wood-fired oven
- Outdoor parking for up to 4 vehicles
- Independent ruin on the plot
- Potential to explore the creation of a new dwelling
- Possibility of selling or renting out the new dwelling, subject to feasibility
- Possibility of creating a garage
- Possibility of demolishing the ruin and making use of the land
- Strong potential for property appreciation and rental income
- Located in Santa Bárbara, Ribeira Grande
A property to live in, but also an opportunity to create value. The house offers space and comfort, while the ruin adds development potential that could allow the future owner to choose the strategy that