House T4 for sale in Ilha da Madeira

Monte
515 000 €Sale
id. 123511213-139
176
4 Bedrooms

Description

Single-Storey 4-Bedroom Villa on a 3,370 m² Plot Discover a rare opportunity in the market: a single-storey villa in need of renovation, set on an impressive 3,370 m² plot in the heart of Monte, offering one of the finest sea and city views you will find in this area. Just five minutes from Funchal city centre — with three alternative access routes — and only two minutes from the expressway, this property offers privacy, space, and exceptional appreciation potential. Its fully single-level layout makes it ideal for those who value comfort and accessibility, with the possibility of transforming it into a contemporary, spacious and functional residence. The existing garage already accommodates up to four cars — a rare advantage in the historic Monte area, where royal families once chose to live for its green landscapes, fabulous views over Funchal and its bay, and the unique tranquillity and pure air unmatched within the city. The generous plot provides ample space to create a dream leisure area, with an infinity pool, barbecue, lounge zone, garden and even a large orchard — always enjoying the stunning panoramic view over Funchal Bay as the perfect backdrop. The property also includes a large covered water tank, an irrigation system and a traditional wine press — ideal for those wishing to maintain cultivation or integrate rustic elements into a new architectural project. For investors, the potential is clear: the plot allows for division into two parcels, enabling the existing villa to remain on one portion while a new single-family home — or even two semi-detached houses — may be built on the other, subject to current regulations. A privileged location, an exceptional plot and an unforgettable view — a combination rarely found again in Monte. This property is exempt from the SCE (Energy Certification System), under paragraph g) of no. 2, article 18 of Decree-Law no. 101-D/2020, of 7 December.

Details

Gross Area m²
176
Total Lot Area m²
3370
Living Area m²
176
Bedrooms
4
Year of Construction
1960
Elevator
No
Parking
No
Electric Car Charging
No

Map

Rooms

Kitchen
Bedroom
Bedroom
Bedroom
Bedroom
Living Room

Contact Agent

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

Mortgage Calculator

Property value515 000
Down Payment
51 50010%
Amortization Period:30 years
Monthly Payment (*)2081,32

(*) 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