House T2 for sale in Ilha da Madeira

650 000 €Sale
id. 123511098-153
185
2 Bedrooms

Description

🏡 (FOR SALE) LAND WITH TWO HOUSES TO RESTORE – PONTA DO SOL, MADEIRA, PORTUGAL 💶 €650,000 I present this plot of land with 2,077 sqm , located in Ponta do Sol , including two existing houses in need of restoration, set in an area where several high-end and luxury properties are being developed . 🌄 Property Highlights 📍 Located in Ponta do Sol , one of Madeira’s most desirable coastal areas 📐 2,077 sqm of land 🏚️ Includes 2 houses with restoration potential 🏡 Ideal for redevelopment or investment project 🌿 Generous land offering space, privacy, and flexibility ✨ Surrounded by modern luxury homes and ongoing development 📌 Potential This property offers a strong opportunity for someone looking to restore, redevelop, or reposition in a growing premium area. ✅ Possibility to renovate the existing structures ✅ Potential to create a high-end residential or investment project ✅ Located in an area with increasing demand and rising property values ✅ Suitable for private residence, multiple units, or tourism project (subject to approval) ✨ Opportunity Properties like this are about location and future potential . Being positioned in an area where luxury homes are actively being built , this plot offers a clear opportunity to create something aligned with the surrounding market and benefit from ongoing appreciation in Ponta do Sol .

Details

Gross Area m²
185
Total Lot Area m²
2077
Living Area m²
0
Bedrooms
2
Year of Construction
1958
Elevator
No
Parking
Yes
Electric Car Charging
No

Map

Rooms

Kitchen
Bedroom
Bedroom
Living Room
Parking

Contact Agent

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant
+351 962 552 222 · National mobile

Mortgage Calculator

Property value650 000
Down Payment
65 00010%
Amortization Period:30 years
Monthly Payment (*)2626,91

(*) The monthly payment shown is a reference value, based on a variable rate (6-month Euribor), and does not replace a more complete and detailed financial analysis!

The information resulting from these simulations is merely indicative, intended to guide the estimated cost, according to the data provided by the user. Each financial institution has its own financing policies and conditions, and is not bound by the results of this simulation.

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant