House  in Caniço
House  in CaniçoHouse  in Caniço
€1,430,000

House in Caniço

  • New
  • 3 bedrooms
  • 178.58 m² gross area
  • 198 m² of land
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Description

🌟 Exclusive Opportunity in Madeira: 3-Bedroom Villa with Sea View & Active Short-Term Rental (7.5% ROI) Typology: V3 (3 Independent Apartments) Rooftop: 80 m² Garage: 2 Vehicles Condition: Excellent / Operating Business 📩 Property Summary We present this contemporary villa, strategically located in the prestigious Caniço de Baixo area, just 80 meters from sea level and a 5-minute walk from Praia dos Reis Magos. Situated in Madeira's coveted "Eternal Sun Line," the property benefits from a mild and sunny microclimate year-round, within walking distance of restaurants, seafront promenades, and services. The key differentiator of this property lies in its high profitability and legal value: the property is divided into 3 completely independent apartments (Pearl, Amber, and Crystal) and holds an active and transferable lifetime short-term rental license — a rare and highly valued asset in today's market. 🔑 Key Features & Layout 3 Independent Units: Each apartment features a private entrance, fitted kitchen, spacious bedroom, and modern bathroom. Panoramic Rooftop (80 m²): Impressive terrace atop the building with wooden pergola, dining/barbecue area, and unobstructed 180° views over the Atlantic Ocean. Ground-Level Patio & Gardens: Private patio with lounge area, decorative stone pond, and low-maintenance garden. Double Enclosed Garage: Covered and secure space for 2 large vehicles with automatic gate. Premium Construction: Modern architecture with external thermal insulation (ETICS system), high-resistance double glazing, air conditioning, and Smart Home preparation. 📈 Proven Financial Performance (Turnkey Business) The property is sold fully furnished, decorated, and equipped, including an active reservation portfolio and operations set up on Airbnb and Booking.com platforms: Estimated Annual Gross Revenue: €143,209 Net Operating Income (NOI): €106,908 / year (Operating margin of 74.7%) Cap Rate / Net ROI: 7.5% Projected 5-Year Profitability: ~13.0% p.a. (including capital appreciation) 📍 Location & Distances Praia dos Reis Magos: 5-minute walk Madeira International Airport (FNC): 10 minutes by car Funchal City Centre: 13 minutes by car Ideal for international investors seeking passive income in Euros, or for those desiring a luxury residence with immediate returns. 📞 Contact us to receive the complete Investment Memorandum or schedule a private viewing!

Ref: 984536

Characteristics

  • 178.58 m² built, 131.42 m² floor area
  • 3 bathrooms
  • Garden
  • Garage
  • Terrace
  • Balcony
  • AC
  • Alarm
  • Living room
  • Dining room
  • Cable TV
  • Electric heating
  • Built in 2023
  • Disabled access

Others informations

Price details

Property price
€1,430,000
Price per m²
€8,008 / m²

Energy performance

Energy performance diagnosis

  • B

Caniço, Caniço

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