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Tourist Housing T4, With Sea View, Estreito Da Calheta, Madeira Island
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€ 1,650,000 £ 1,413,358 $ 1,769,689

Reference PP173743

Calheta, Madeira

Commercial

4 Bedrooms

Built in: 1937

396m2 Build size

€ 4,167 £ 3,569 $ 4,469 / m2 build

3,610m2 Plot size

€ 457 £ 391 $ 490 / m2 plot

Tourist Housing T4, With Sea View, Estreito Da Calheta, Madeira Island

€ 1,650,000 £ 1,413,358 $ 1,769,689

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Key information

Reference: PP173743

Commercial

Calheta, Madeira

4 Bedrooms

7 Bathrooms

Ownership Status: Private

Built in: 1937

396m2 Build size

€ 4,167 £ 3,569 $ 4,469 / m2 build

3,610m2 Plot size

€ 457 £ 391 $ 490 / m2 plot

As a result of its privileged location at an altitude of 247m, it provides a mild Mediterranean climate, with sunny days throughout the year.

This area of the parish of Estreito da Calheta is predominantly rural, with plenty of water. It was granted to the first nobles and exploited as land of morgadio, being a land of cultivation par excellence, of vineyards, sugar cane and bananas.

This property has an Active License for Touristic Use and may use the designation "Casa de Campo".

It has a generous area of 3610m2 and is fully fenced. It initially had a traditional Madeiran house, single-storey, with a tile roof, a yard and an agricultural outbuilding. Later, the house was rehabilitated, expanded and transformed into a 2-storey house, comprising: on the top floor, 3 suites, one with a private balcony; on the ground floor there is a dining room, lounge with sitting area, reading area and front desk/reception, social bathroom, kitchen, support and service area, with laundry, bathroom, technical area and garage.

Adjacent, there is another stone building consisting of 2 floors, with a suite on the top floor and a small living room with a kitchenette. On the lower floor, it has 2 rooms, 1 of which is used as a bar to support the solarium and the other is multipurpose.

Additionally, it has an isolated agricultural dependence, with a bathroom.

Outside, it has a large space for private parking, a beautiful traditional Madeiran patio with a trellis of vines, a solarium area and a beautiful garden with wildflowers and other ornamental plants.

The land is entirely cultivated and divided into very different areas, with the following crops: Mango trees, Fig trees, Avocado trees and Banana trees. Irrigation is carried out through an automatic system, supported by a tank with a capacity of 100m3, which in turn is regularly fed with irrigation water.

The property has a water heating system using a solar thermal panel and an electric water heater.

Due to its size and specificity, this property presents constructive viability to increase the construction area, creating, for example, small bungalows and expanding the number of rooms.

Features

  • Garden
  • Garage
  • Parking
  • Reception room
  • Terrace/Balcony
  • Covered dining area
  • Laundry room
  • Storage room
  • Spacious
  • Features great views
  • Sea view
  • Morning sun
  • Evening sun
  • Orientation: South-east
  • Near bars / restaurants
  • Near shops
  • Near the beach

Energy rating

  • A+
  • A
  • B
  • B-
  • C
  • D
  • E
  • F
  • G

The energy rating shows the energy efficiency of a building on a scale of A to G. The most efficient homes – which should have the lowest fuel bills – are in band A, whereas the most inefficient homes are in band G.

Key information

Reference: PP173743

Commercial

Calheta, Madeira

4 Bedrooms

7 Bathrooms

Ownership Status: Private

Built in: 1937

396m2 Build size

€ 4,167 £ 3,569 $ 4,469 / m2 build

3,610m2 Plot size

€ 457 £ 391 $ 490 / m2 plot

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Calheta, Madeira

Magical Madeira, a haven of natural beauty right in the middle of the Atlantic. With a year round warm climate, some of the lowest crime figures anywhere in the world, Madeira is worth serious consideration for anyone wanting to invest in property. 

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Send your enquiry through now.

Yours sincerely,
Larisa Marin

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