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Global Properties

6 bedrooms Commercial property in Canico, Portugal No. 127752

$ 1 573 290
28.03.2025 $ 1 841 332
$ 4 495 per m²
6 Bedrooms
10 Bathrooms
350 Living space, m²
Canico, Portugal
Parameters
Bedrooms
6
Bathrooms
10
Living space, m²
350
ID
127752
Address
rua Eugėnia Brandão de Melo
Type
Commercial property
Land area, m²
636
Completion date
IV quarter, 1994
Property description
● 6 Bedrooms (can be converted to a T9)● 10 Bathrooms● More than 8 parking spaces● 300 m² of Useful Area● 350 m² of Gross Area● Energy Rating: EIt’s not just a house, it’s an investment!We present a unique and versatile property, perfect for investors looking for high profitability and multiple possibilities of use. Located in the prestigious Garajau, t


● 6 Bedrooms (can be converted to a T9)● 10 Bathrooms● More than 8 parking spaces● 300 m² of Useful Area● 350 m² of Gross Area● Energy Rating: EIt’s not just a house, it’s an investment!We present a unique and versatile property, perfect for investors looking for high profitability and multiple possibilities of use. Located in the prestigious Garajau, this house combines the charm of modern architecture with excellent income potential.With 4 existing independent apartments and the possibility of creating a fifth, this property is ideal for those looking to enter or expand into the vacation rental market. Three apartments are currently rented, generating passive income that covers the costs of the property.
Furthermore, there is the possibility of converting all spaces into apartments, if you do not want to live on site.Privileged LocationLocated in one of the most sought after areas of Madeira, the property offers quick access to essential services such as supermarkets, pharmacies, restaurants, and cafes. Furthermore, it is strategically positioned with easy access to the expressway, bus stops and iconic attractions such as Cristo Rei. This strategic location guarantees a high occupancy rate for tourists and visitors seeking comfort and authenticity.Distinctive Features● Detached house with sea views from all apartments● 636 m² of total land area● 10 Bathrooms● 4 Kitchenettes and a main kitchen● Balconies with views of the sea and protected green area● 2 Garages (one with capacity for 1 vehicle and the other for 4 vehicles), in addition to 3 external spaces.● Indoor swimming pool (under construction)● Gym● 2 Offices and a wardrobe space, with the possibility of conversion into additional bedrooms.● Potential for installing an elevator, connecting the garage to the top floor.Ready for Immediate IncomeThe property is sold fully furnished and includes an operational website, allowing the new owner to start generating income from day one.Important NoteThe current sales price reflects the current condition of the property. As renovations on the ground floor progress, the value will be adjusted. This is the ideal opportunity to acquire the property at a more competitive price, completing the works according to your preferences and budget.A Property with Unparalleled PotentialThis is your opportunity to acquire heritage in one of the most valued regions of Madeira.Schedule your visit right now and discover how this house can transform your future as a vacation rental!Get in touch for more information. Opportunities like this are rare!-----------Moradia T6 no Garajau – Uma Oportunidade de Investimento Versátil● 6 Quartos (pode ser convertido para um T9)● 10 Casas de Banho● Mais de 8 Lugares de Estacionamento● 300 m² de Área Útil● 350 m² de Área Bruta● Classificação Energética: ENão é apenas uma casa, é um investimento!Apresentamos uma propriedade única e versátil, perfeita para investidores que procuram alta rentabilidade e múltiplas possibilidades de uso. Localizada no prestigiado Garajau, esta moradia combina o charme da arquitetura moderna com um excelente potencial de rendimento.Com 4 apartamentos independentes já existentes e a possibilidade de criar um quinto, esta propriedade é ideal para quem deseja entrar ou expandir no mercado de alojamento local. Três apartamentos encontram-se atualmente arrendados, gerando uma receita passiva que cobre os custos do imóvel. Além disso, há a possibilidade de converter todos os espaços em apartamentos, caso não pretenda residir no local.Localização PrivilegiadaSituada numa das zonas mais procuradas da Madeira, a propriedade oferece acesso rápido a serviços essenciais como supermercados, farmácias, restaurantes, e cafés. Além disso, está estrategicamente posicionada com fácil acesso à via rápida, paragens de autocarro e atrações icónicas como o Cristo Rei. Essa localização estratégica garante uma elevada taxa de ocupação para turistas e visitantes que buscam conforto e autenticidade.Características Distintas● Moradia isolada com vista mar em todos os apartamentos● 636 m² de área total do terreno● 10 Casas de Banho● 4 Kitchenettes e uma cozinha principal● Varandas com vista mar e para zona verde protegida● 2 Garagens (uma com capacidade para 1 veículo e outra para 4 veículos), além de 3 lugares exteriores.● Piscina interior (em fase de construção)● Ginásio● 2 Escritórios e um espaço destinado a guarda-roupa, com possibilidade de conversão em quartos adicionais.● Potencial para instalação de um elevador, ligando a garagem ao último piso.Pronto para Rendimento ImediatoO imóvel é vendido totalmente mobilado e inclui um website operacional, permitindo ao novo proprietário começar a gerar receitas desde o primeiro dia.Nota ImportanteO preço atual de venda reflete as condições atuais do imóvel. Com o avanço das renovações no rés-do-chão, o valor será ajustado. Esta é a oportunidade ideal para adquirir a propriedade a um preço mais competitivo, finalizando as obras de acordo com suas preferências e orçamento.Uma Propriedade com Potencial IncomparávelEsta é a sua oportunidade de adquirir um património em uma das regiões mais valorizadas da Madeira.Agende a sua visita agora mesmo e descubra como esta moradia pode transformar o seu futuro no alojamento local!Entre em contacto para mais informações. Oportunidades como esta são raras!

Features
Features
  • Balcony
  • Furnished
  • Rental license
Indoor facilities
  • Garage
Outdoor features
  • Car park
  • Swimming pool
Statistics Canico
[:nprice_100:]
Price per m²
N/A
Quality of Life Index
N/A
Cost of living Index
Parameters
[:second_city:]
Santa Cruz
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 283
2-Room Apartment
$ 555
Apartment Purchase Price per m²
In the City Center
[:nprice_100:]
Outside the City Center
[:nprice_101:]
Crime Index
56
Cost of Living and Rent Index
N/A
Purchasing Power Index
N/A
Property Price to Income Ratio
N/A
Safety Index
44
Traffic CO₂ Index
N/A
Traffic Inefficiency Index
N/A
Rent Index
23
Health Care Index
N/A
Groceries Index
78
Pollution Index
N/A
Traffic Commute Time Index
N/A
Restaurant Price Index
N/A
Climate Index
61
Cost of Living Index
N/A
Quality of Life Index
N/A
Traffic Index
N/A
Restaurants
Markets
Milk (regular), (1 liter)
$ 2.14
Loaf of Fresh White Bread (500g)
$ 2.69
Eggs (regular) (12)
$ 4.66
Local Cheese (1kg)
$ 8.04
Water (1.5 liter bottle)
$ 4.44
Bottle of Wine (Mid-Range)
$ 19.42
Domestic Beer (0.5 liter bottle)
$ 2.50
Imported Beer (0.33 liter bottle)
$ 3.05
Cigarettes 20 Pack (Marlboro)
$ 10.26
Apples (1kg)
$ 4.44
Chicken Fillets (1kg)
$ 7.49
Oranges (1kg)
$ 8.32
Potato (1kg)
$ 6.73
Lettuce (1 head)
$ 3.05
Rice (white), (1kg)
$ 4.44
Tomato (1kg)
$ 6.73
Banana (1kg)
$ 4.44
Onion (1kg)
$ 1.94
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 6.66
Transportation
One-way Ticket (Local Transport)
$ 1.94
Monthly Pass (Regular Price)
$ 155
Taxi Start (Normal Tariff)
$ 19.42
Taxi 1hour Waiting (Normal Tariff)
$ 19.42
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 139
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 204
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 72.12
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 3 606
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 69.35
Tennis Court Rent (1 Hour on Weekend)
$ 47.16
Cinema, International Release, 1 Seat
$ 8.32
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 77.67
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 111
1 Pair of Nike Running Shoes (Mid-Range)
$ 139
1 Pair of Men Leather Business Shoes
$ 139
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 139
Contact seller
Contact seller

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