$1,656,018

Santa Cruz Town House

  • 3 Beds
  • 3 Baths
  • 1,411 Sqft
  • 2,132 Sqft lot
  • Updated: Today

About the Property

Exclusive Opportunity in Madeira: 3-Bedroom Villa with Sea View & Active Short-Term Rental (7.5% ROI)
Typology: V3 (3 Independent Apartments)
Rooftop: 80 m²
Garage: 2 Vehicles
Condition: Excellent / Operating Business

Property Summary
We present this contemporary villa, strategically located in the prestigious Caniço de Baixo area, just 80 meters from sea level and
Exclusive Opportunity in Madeira: 3-Bedroom Villa with Sea View & Active Short-Term Rental (7.5% ROI)
Typology: V3 (3 Independent Apartments)
Rooftop: 80 m²
Garage: 2 Vehicles
Condition: Excellent / Operating Business

Property Summary
We present this contemporary villa, strategically located in the prestigious Caniço de Baixo area, just 80 meters from sea level and a 5-minute walk from Praia dos Reis Magos.

Situated in Madeira’s coveted ”Eternal Sun Line,” the property benefits from a mild and sunny microclimate year-round, within walking distance of restaurants, seafront promenades, and services.

The key differentiator of this property lies in its high profitability and legal value: the property is divided into 3 completely independent apartments (Pearl, Amber, and Crystal) and holds an active and transferable lifetime short-term rental license — a rare and highly valued asset in today’s market.

Key Features & Layout
3 Independent Units: Each apartment features a private entrance, fitted kitchen, spacious bedroom, and modern bathroom.

Panoramic Rooftop (80 m²): Impressive terrace atop the building with wooden pergola, dining/barbecue area, and unobstructed 180° views over the Atlantic Ocean.

Ground-Level Patio & Gardens: Private patio with lounge area, decorative stone pond, and low-maintenance garden.

Double Enclosed Garage: Covered and secure space for 2 large vehicles with automatic gate.

Premium Construction: Modern architecture with external thermal insulation (ETICS system), high-resistance double glazing, air conditioning, and Smart Home preparation.

Proven Financial Performance (Turnkey Business)
The property is sold fully furnished, decorated, and equipped, including an active reservation portfolio and operations set up on Airbnb and [hidden information] platforms:

Estimated Annual Gross Revenue: €143,209

Net Operating Income (NOI): €106,908 / year (Operating margin of 74.7%)

Cap Rate / Net ROI: 7.5%

Projected 5-Year Profitability: ~13.0% p.a. (including capital appreciation)

Location & Distances
Praia dos Reis Magos: 5-minute walk

Madeira International Airport (FNC): 10 minutes by car

Funchal City Centre: 13 minutes by car

Ideal for international investors seeking passive income in Euros, or for those desiring a luxury residence with immediate returns.

Contact us to receive the complete Investment Memorandum or schedule a private viewing!
#ref: 984536
  • Property type

    Townhouse

  • Price/sqft

    $1,174

  • Emissions

    B

  • Consumption

    B

Features

Features

Lot

Indoor

Outdoor

Explore the Area

Caniço, Ilha da Madeira, Santa Cruz, Reed, Portugal View on Google Maps
Price per sqft
Low
High

View 111 more listings in Reed

IAD Portugal

Joined 7 years ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

IAD Portugal
Portugal
View agency profile
1736
Listings
2019
Joined
5
0 reviews

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
IAD Portugal
Porto, Portugal
View agency profile
Last updated
Today
First listed
Aug 18
Listing reference
984536
Call

Start phone call with:

Hello, I’m calling for the property with the reference 984536, which I discovered on JamesEdition.

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