R. da Praia, Madalena Do Mar.

Madalena do Mar, Ponta do Sol 9360-418

Portugal

An Exceptional Investment for High Returns

Positioned just 30 meters from the stunning Madalena do Mar coastline, this property presents an unparalleled opportunity for investors seeking lucrative returns through local accommodation. With two separate houses each offering two floors, this property encompasses five spacious one-bedroom apartments, with the potential to add a sixth, enhancing its rental potential.

Property Features:

• Two Separate Houses: Each house features two floors, providing ample space and flexibility for various rental arrangements.
• Four 1-Bedroom Apartments: Each unit includes a comfortable living room, a fully equipped kitchen, a serene bedroom, and a modern bathroom, designed to ensure a pleasant stay for guests.
• Potential for Expansion: The property is registered as a T4 but has the potential to be expanded. The largest unit is already set up with the necessary electrical and plumbing provisions to be divided into two additional apartments, increasing the total to six independent units.

Unbeatable Location:

• Proximity to the Sea: Situated a mere 30 meters from the beach, offering captivating sea views and a tranquil environment.
• Beach Access: Close to a picturesque black pebble beach and only an 8-minute drive from the popular Calheta yellow sand beach.
• Scenic Promenade: Enjoy the beautiful beachfront promenade, perfect for relaxing walks, morning jogs, or evening sunsets with panoramic Atlantic Ocean views.

Investment Potential:

• High Occupancy Rate: Currently operating at a 95% annual occupancy rate under the Local Accommodation model, highlighting its profitability.
• Flexible Rental Options: Investors can choose to live in one house while renting the other or lease all units to maximize rental income.
• Monetization Opportunities: With five existing apartments and the possibility to add a sixth, the property offers significant versatility and potential for increased returns.

Lifestyle and Amenities:

• Tranquil Living Environment: The property offers a welcoming atmosphere with close proximity to nature, perfect for guests seeking a relaxing getaway.
• Fully Equipped Apartments: Each apartment is fully furnished and equipped, ready for immediate occupancy.
• Guest Appeal: The prime location and well-designed units make this property highly attractive to tourists and short-term renters looking to experience the coastal beauty of Madeira.

This exceptional property in Madalena do Mar is an ideal investment for those looking to capitalize on the booming short-term rental market. With its prime location, high occupancy rate, and potential for expansion, it offers both a lucrative opportunity and a chance to enjoy the serene coastal lifestyle. Don't miss out on this prime investment.