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Canhas – Ponta do Sol | Mixed-Use Building | 3,151 m² of land | 296 m² gross floor area
A property with great potential for appreciation and multiple uses, located in Canhas, Ponta do Sol.
Featuring a spacious home, a garage, several separate areas, a 3,151 m² lot, and a gross floor area of 296.35 m², this property offers a particularly attractive opportunity for investors seekin
Canhas – Ponta do Sol | Mixed-Use Building | 3,151 m² of land | 296 m² gross floor area
A property with great potential for appreciation and multiple uses, located in Canhas, Ponta do Sol.
Featuring a spacious home, a garage, several separate areas, a 3,151 m² lot, and a gross floor area of 296.35 m², this property offers a particularly attractive opportunity for investors seeking to develop a customized project, create multiple independent units, or combine owner-occupancy with rental income.
The property is currently habitable and features a solid, functional structure, though it would benefit from updates and renovations to modernize the spaces.
Its layout allows the property to be adapted to different projects, including:
- A large single-family home; - Creation of several independent living spaces; - Conversion of existing areas into apartments; - Conversion of spaces into offices, annexes, or support units; - Creation of an independent two-bedroom unit in the attic; - Possibility of developing a new structure on the lot, in accordance with applicable regulations.
Discover this 3-story house located in Canhas:
🚗 Garage and utility areas The property features a spacious garage with capacity for approximately 4 cars, complemented by several rooms that can be used as: - Storage spaces; - Offices; - Utility areas; - Outbuildings; - Independent spaces for business use.
This area also features bathrooms, exterior access to the ground floor, and direct access to the property’s grounds and existing barns.
--> The ground floor features: - Living room; - 2 bedrooms; - Furnished and equipped kitchen; - Utility kitchen; - Full bathroom; - Laundry room; - Access to the south-facing balcony; - Internal access to the first floor; - Exterior access to the garage and the first floor.
--> The first floor consists of: Living room; 2 bedrooms; Full bathroom; Kitchen; Access to the outdoor terrace; Internal and external access to the ground floor.
The current layout allows for a future reorganization of the spaces to create different areas for independent use, significantly increasing the property’s profitability potential.
--> 3,151 m² lot
One of this property’s main assets is its spacious lot, with a total area of 3,151 m².
The size of the lot offers a variety of development possibilities, including the potential for additional construction. For an investor, this area represents an opportunity to pursue a larger-scale project, subject to confirmation of feasibility by the relevant authorities.
--> Strategic Location – Canhas, Ponta do Sol
Located in a quiet, established neighborhood in Canhas, the property combines the residential and natural setting of Ponta do Sol with convenient access to services and transportation. - 8 minutes from downtown Ponta do Sol; - 30 minutes from Funchal; - 45 minutes from Madeira Airport; - Easy access to public transportation; - Close to schools, restaurants, and services.
A property for those seeking potential
This is not just a house. It is a property with ample space, a prime location, versatility, and the potential for transformation.
With the possibility of reorganizing the existing spaces, creating independent units, transforming the attic into a separate two-bedroom apartment, and exploring the land’s development potential, this property offers an attractive solution for investors looking to diversify its use and maximize the asset’s potential.
📩 Discover this property’s potential
Contact us for more information and to schedule a visit. Come see a property with the potential to develop not just a home, but a true investment project in Ponta do Sol.