Farm property with 3 bedroom house in Canhas, Ponta do Sol
€ 895,000£ 779,811$ 954,412
15-03-2022€ 990,000€ 850,000-14%
Overall price change-14%
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Ponta Do Sol, Madeira
Ownership Status: Private
Built in: 1961
265m2 Build size
€ 3,377£ 2,942$ 3,601
/ m2 build
5,488m2 Plot size
€ 163£ 142$ 173
/ m2 plot
Farm property with 3 bedroom house to renovate, above Anjos with superb sea views.
This area is known to benefit from a special microclimate, which makes it warm and sunny all year round.
Urban+rustic building, with 5.488m2 of total area, all flat and surrounded by a road and with a water spring.
Ideal as an investment for an Eco-Resort since it has a good construction rate and is located in a typically rural, quiet area, with good access, nearby services and a fantastic climate, the sea in front and an incredible view of the sunset.
The rustic part has 4.500m2 of cultivated land, currently producing, mostly sugar cane, and also served with an automatic irrigation system. The allowable construction index for this area is 0.75.
The urban part has 988m2, where the house and patio are located. The allowable building index for this area is 1.5.
The old house has a traditional Madeiran style, T3 with 2 floors, as follows:
-» ground floor - has 5 rooms, with wood stove, a winepress and cellar, yard, garden, irrigation well,
-» 1st floor - also with 5 rooms, where the bedrooms, living room, entrance, backyard and garden are located.
It is no longer easy to find a land that has all these characteristics nowadays, which is why it is a great opportunity!
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.
The region is noted for its Madeira wine, gastronomy, historical and cultural value, flora and fauna, landscapes (laurel forest) that are classified as a UNESCO World Heritage Site, and embroidery artisans. The main harbour in Funchal has long been the leading Portuguese port in cruise liner dockings, receiving more than half a million tourists through its main port in 2017, being an important stopover for commercial and trans-Atlantic passenger cruises between Europe, the Caribbean and North Africa. In addition, the International Business Centre of Madeira, also known as the Madeira Free Trade Zone, was created formally in the 1980s as a tool of regional economic policy. It consists of a set of incentives, mainly tax-related, granted with the objective of attracting foreign direct investment based on international services into Madeira.