Property With High Investment Potential

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.