$656,765

Independent House With Unique Potential And Local

  • 6 Beds
  • 3 Baths
  • 1,507 Sqft
  • 2.04 Ac lot
  • Updated: Yesterday

About the Property

.We present an extraordinary property with three functional floors and a large 8,220 m² plot of land with a ruin. This house offers a rare investment opportunity with guaranteed income through a pre-validated local accommodation license and a 2-year history of positive guest reviews.Floor 1 - Profitable Local Accommodation
The first floor operates as a fully paid and operational local accommod
.We present an extraordinary property with three functional floors and a large 8,220 m² plot of land with a ruin. This house offers a rare investment opportunity with guaranteed income through a pre-validated local accommodation license and a 2-year history of positive guest reviews.Floor 1 - Profitable Local Accommodation
The first floor operates as a fully paid and operational local accommodation, with 60 m² of usable area. It features 1 comfortable bedroom, a double sofa bed for added flexibility, 1 bathroom, and a fully equipped kitchen. This unit generates continuous passive income and has excellent hosting references.Floor 2 - Spacious and Comfortable Residence
The second floor is the owners’ main residence, with 3 spacious bedrooms and a generous layout. It includes a long dining room, a living room with an arched passage that creates an elegant flow, an equipped kitchen, and 2 full bathrooms. The closed garage with its own entrance offers security and can be used as storage space or a gym, with the possibility of conversion. There is also the opportunity to apply for a local accommodation license for this floor.Floor 3 - Attic with Development Potential
The third floor features an attic under construction with the roof already completed. New wooden structure, insulation, and protective membrane are finished. A versatile space to be completed according to needs, also with the possibility of functioning as local accommodation.Additional Buildings and Land
The property is complemented by a stone haystack in ruins, fully recoverable, with potential for reconstruction, remodeling, and expansion. The 8,220 m² plot has direct road access to the door (no easements on third-party land) and a slope down to a line of trees over the valley, creating absolute privacy.Technical Characteristics and Amenities
Gross area of 140 m² and 100 m² of usable space distributed across 3 bedrooms and 4 bathrooms. Private parking included, closed garage, potential storage space, terrace, and balcony in terraced outdoor areas.This house represents a unique opportunity for those looking for an investment with immediate income, a comfortable residence, and potential for future expansion.
Energy Rating: E
#ref:KWPT-040518
…
  • Property type

    House

  • Year built

    1985

  • Price/sqft

    $435

  • Emissions

    NI

  • Consumption

    E

Features

Features

Lot

Indoor

  • High Ceiling
  • Gas Stovetop
  • Bar
  • Basement

Outdoor

Explore the Area

Porto da Cruz, Madeira, Portugal View on Google Maps
Price per sqft
Low
High

View 1 more listings in Porto da Cruz

KW Alfa Madeira

Joined 1 month ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

KW Alfa Madeira
Portugal
View agency profile
131
Listings
2026
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
KW Alfa Madeira
Portugal
View agency profile
Last updated
Yesterday
First listed
November 4
Listing reference
KWPT-040518-0526920499
Call

Start phone call with:

Hello, I’m calling for the property with the reference KWPT-040518-0526920499, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.