Santa Cruz (Madeira), Ilha Da Madeira (Madeira) 9125-060, Portugal

6 Bedrooms (can be converted to a T9)10 BathroomsMore than 8 Parking Spaces300 m2 of Useful Area350 m2 Gross Floor AreaEnergy rating: EIt’s not just a home, 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 villa combines the charm of modern architecture with an excellent income potential.With 4 independent apartments already existing and the possibility of creating a fifth, this property is ideal for those who want to enter or expand in the local accommodation market. Three apartments are currently rented, generating a passive income that covers the costs of the property. In addition, there is the possibility to convert all spaces into apartments if you do not want to live on site.Prime LocationSituated 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. It is also strategically located with easy access to the expressway, bus stops and iconic attractions like Cristo Rei. This strategic location ensures a high occupancy rate for tourists and visitors who seek comfort and authenticity.Distinct FeaturesDetached villa with sea view in all apartments636 m2 of total land area10 Bathrooms4 Kitchenettes and a main kitchenBalconies with sea view and protected green area2 garages (one with capacity for 1 vehicle and another for 4 vehicles), plus 3 outdoor seats.Indoor pool (under construction)Gym2 Offices and a space for wardrobe, with possibility of conversion into additional rooms.Potential for installation of a lift, connecting the garage to the top floor.Ready for Immediate YieldThe property is sold fully furnished and includes an operational website, allowing the new owner to start generating revenue from day one.Important noteThe current sale price reflects the current condition of the property. With the advance of renovations on the ground floor, the value will be adjusted. This is the ideal opportunity to acquire the property at a more competitive price, finishing the works according to your preferences and budget.A Property with Unmatched PotentialThis is your opportunity to acquire a heritage in one of the most valued regions of Madeira.Schedule your visit now and discover how this villa can transform your future in the local accommodation!Contact us for more information. Opportunities like this are rare!Ref. C0216-03061