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House T2 in Água de Pena, MachicoMachico, Ilha da Madeira
House T2 in Água de Pena with 114 m²

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IMPORTANT NOTE: This property is not eligible for financing under the Public Guarantee Scheme (up to 100% financing). To find out about the financing options available, please get in touch for further information. Located in the peaceful residential area of Água de Pena, Machico, this traditional Madeiran home offers an excellent opportunity to create a unique family residence or invest in a property with outstanding future potential. The house is currently habitable but would benefit from renovation, allowing the future owner to improve the property gradually while enjoying its charm and character. One of its greatest strengths is its location. Just two minutes from Santa Cruz, only a few minutes from Madeira International Airport and with easy access to the expressway, it combines convenience with the peace and privacy of a quiet neighbourhood. The property includes approximately 170 sqm of outdoor patio space and 436 sqm of land arranged over two terraces, providing endless possibilities for landscaped gardens, a vegetable garden, leisure areas or even a swimming pool. Excellent sun exposure ensures natural light throughout most of the day, making this an ideal property for those who value comfort and outdoor living. An additional advantage is that official documentation already exists allowing the future construction of direct vehicle access to the house, significantly increasing the property's long-term value. More than just a house, this is an opportunity to create a truly special home in one of Madeira's most convenient locations.
