Building for sale in Ilha da Madeira

Building in full ownership, comprising 4 two-bedroom apartments (T2), located on Caminho do Comboio, in an area with good accessibility and strong potential for appreciation. The property is sold in its entirety; the sale of individual units is not possible. This is an excellent investment opportunity for rehabilitation, presenting high potential for appreciation after renovation works, offering enormous potential for income generation through long-term rentals or subsequent appreciation for sale. The building requires renovation and modernization works, allowing the future owner to adapt the spaces to their needs or develop a residential rental income project. Currently, only 1 apartment is available for immediate renovation, with a second becoming available from October 26th, and the remaining 2 remaining for rent. The building's configuration, combined with the growing demand for housing, makes this asset a safe bet for those seeking an investment with attractive return prospects. Don't miss this opportunity to acquire a building with great potential for transformation and appreciation. Schedule your visit now and discover the full potential of this investment!