Building, 7 bedrooms, for Sale (Off Market)

For Sale, EUR 1,710,000


Property Type : Multi-Family Home

Property Style : N/A

Build Size : 4,197 ft² / 390 m²

Land Size : 4,197 ft² / 390 m² Convert Land Size

Bedroom : 7

Bathroom : 8

Half Bathroom : 0

MLS#: 111250166


Property Description

This exclusive building, located in one of the most central areas of the city of Machico with excellent sun exposure, represents a particularly attractive opportunity for those seeking a solid asset with income potential and a well-established urban setting. The property consists of five autonomous units, configured as follows: – One T3 duplex apartment; – Two T1 apartments; – Two studio (T0) apartments. With a functional layout and a strategic location, this building is ideal both for investors looking for a diversified and reliable asset, and for private buyers wishing to combine personal residence with passive income. The surrounding area is undergoing steady development, further enhancing its medium- and long-term appreciation potential. An excellent opportunity in a city of growing appeal, where quality of life, proximity to the sea, and tranquility combine with accessibility and urban development.
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Building, 7 bedrooms, for Sale, Portugal,Ilha da Madeira is a 4,197ft² Ilha da Madeira luxury Multi-Family Home listed for sale EUR 1,710,000. This high end Ilha da Madeira Multi-Family Home is comprised of 7 bedrooms and 8 baths. Find more luxury properties in Ilha da Madeira or search for luxury properties for sale in Ilha da Madeira.