Building for investment in the heart of Machico

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Building for investment in the heart of Machico 300.000 € Ref: Q2233

220 m²

78 m²

Great Investment Oppurtunity in the heart of Machico.

The building has three floors. On the ground floor there is a snack bar with kitchen and other equipment, as well as a toilet for customers. This can be converted into other facilities.

On the first floor there are two bedrooms, a living room, a kitchen and a bathroom.

On the top floor there is a laundry room, bedroom and large terrace.

Up to three one- or two-bedroom apartments can be built, or even an additional floor, as the surrounding buildings are one floor higher.

On the same street as this building, between the Pingo Doce and Continente supermarkets, you will find the Cathedral of Machico, Banks, Town Hall, Clinics, Bakeries, Bars, Restaurants, Parks, a Beach with yellow sand, the Machico Forum, and other amenities and services.

Since this property is located in the ARU of Machico, it is ideal for a general investment. Therefore, we provide a complete structure with multiple opportunities to monetize and protect your investment.

It has commercial and residential licenses.

Please contact us for more information and to book a viewing to see the full potential of this investment.

Property Type Building

Typology 0 Bedrooms

Objective Sell

Condition To be recovered

Price 300.000 €

Year of Construction 1971

Country Portugal

District Ilha da Madeira

County Machico

Parish Machico

Zone Machico

Pedro Silva

+351 926 496 453

Chamada para a rede móvel nacional

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General Features

General

Rooms

Rooms	Area	Floor	Walls	Ceilings	Comments

Surroundings

Facilities

Domotic System (Home automation)

Renewable Energy

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