Madeira, Ponta Sol, Portugal
- PROPERTY TYPE
Land
- SIZE
35,941 sq ft
3,339 sq m
Description
This is the investment opportunity you’ve been waiting for to create a unique and highly profitable real estate project. With a total area of 3,339 m² divided into 4 independent plots, each with its own approved project and individual licence, this property allows for phased constructions based on your occupancy or sale requirements.
Property Highlights:
Located just 5 minutes from the centre of Ponta de Sol, in a peaceful area with stunning, uninterrupted views of the sea and mountains.
South-facing with excellent sun exposure, creating a bright, relaxing atmosphere.
Ideal for a residential or tourist development, conveniently located near public services and local attractions.
Plot Details and Project Potential:
Plot No. 1 - Renovation Opportunity with Pool
Built Area: 404 m².
Description: Perfect for a renovation project, this plot offers a spacious property with a pool and traditional features that can be modernised to increase its value.
Plot No. 2 - Semi-Detached Homes for Holiday Letting
Built Area: 894 m².
Description: A set of semi-detached homes, ideally configured for holiday rentals. Designed to appeal to guests seeking comfort, privacy, and proximity to nature.
Plot No. 3 - Semi-Detached Homes for Holiday Letting
Built Area: 740 m².
Description: Similar to Plot No. 2, this set of semi-detached homes is also ideal for holiday rentals, with excellent ventilation, natural lighting, and accessibility to meet the rental market demand.
Plot No. 4 - Main House with Private Pool
Built Area: 1,163 m².
Description: Spacious, sophisticated main residence with a private pool, perfect for a family home or a long-term rental project.
Additional Features:
Water Tank Access: A separate tank with a monthly capacity of 8 hours that supplies all plots (138 m²).
Project Flexibility: The flexible layout of these plots allows multiple configurations, with the possibility of joining the semi-detached houses on Plots 2 and 3 to create a larger two-bedroom property.
Varied Property Types: Planned projects include five one-bedroom residences (Plots 1, 2, and 3) and one two-bedroom residence (Plot 4) with en-suite bedrooms, ideal for both the tourism and residential markets.
Rental Potential:
With the planned one- and two-bedroom residences, this property offers excellent rental income potential, whether through holiday lets or long-term rentals. Given the demand in Ponta de Sol, this investment ensures high occupancy rates and long-term appreciation.
Contact us today to arrange a visit! This is a rare chance to acquire a versatile property with substantial potential for both appreciation and rental returns.
#ref: 129804
Madeira, Ponta Sol, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Funchal(International)13.7 miles
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Notes
This is a property advertisement provided and maintained by IAD, Porto (reference 129804) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.