Comercial & residential investment oportunity
If you are looking for a place to move into & to start your own business, look no further.
This generously sized property is an extremely versatile project. It is not only a private four-bedroom residence, it also includes a self-contained two-bedroom apartment, almost ready for the holiday rental market (Alojamento Local), a ground floor office, already licensed as a business, and a ‘Palheiro’ to the rear of the property, which still has some development potential.
This opportunity is even more attractive if we consider its key location: in the heart of Arco da Calheta, just four minutes’ drive from the Calheta beach and Marina, 200m above sea level, enjoying one of the best microclimates on the southwest coast.
Its centrality and proximity to the main access to the express way, just a few metres down the road, don’t seem to influence its tranquillity and privacy. In addition to the good access road, there are plenty of parking spaces on site, which would serve the business, and a garage for four cars.
The main house features open ocean and mountain views. It currently accommodates four bedrooms, one of them ensuite, and an ample kitchen & generous laundry. In addition to the extensive living/dining area, there is a long games room. It would however require some refurbishment for full time living. The apartment, on the contrary, has been modernized recently and is ready to walk-in and use.
The attic has been prepared with the basic infrastructures in order to create another self-contained apartment, if desired. On this 1050m2 plot, there is also a ‘Palheiro’ which could also work well on the short-term holiday markey if properly recuperated. It has a barbecue and a traditional bread oven.
The layout of the property permits the creation of independent accesses to each of these areas, guaranteeing privacy.
Please enquire for further details.
- 1050m2 plot in the heart of Arco da Calheta
- Main house has currently four bedrooms. It would require some refurbishment works
- Self-contained two-bedroom apartment on the ground-floor almost ready for the short-term rental market
- Office licensed as a business facing the main street
- Garage for four cars plus further parking spaces next to the office.
- Further development potential for the ‘Palheiro’ in the rear garden
- Usable area in the attic, has a private entrance and basic infrastructures in place
Bathrooms - 5
Bedrooms - 5+2
Cable / Satellite TV
|Madeira > Calheta|
|Number of floors:||2|
|Plot Size:||1050 m2|
|Gross Area:||331 m2|