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945 000 €
House T4 in Estreito da Calheta, Calheta (Madeira)Calheta (Madeira), Ilha da Madeira
House T4 in Estreito da Calheta with parking
275 m²
4 Bedrooms
4 WC
Energy efficiency
Situated on the peaceful hillsides of Estreito da Calheta, this fully renovated 4-bedroom property offers a rare combination of modern comfort, versatility, and strong investment potential, all complemented by stunning views over the Atlantic Ocean. Recently transformed into a contemporary and elegant residence, the property has been carefully designed to function either as a spacious single-family home or as three independent apartments, each with its own private entrance. This flexibility makes it ideal for generating rental income, accommodating multi-generational living, or operating as a charming tourist accommodation. The street-level floor features three well-proportioned bedrooms, including a comfortable en-suite, as well as an additional full bathroom. A living room and a pleasant balcony provide the perfect setting to relax and enjoy the island’s mild climate. This level also benefits from a private garage. On the lower floor, a generous open-plan space seamlessly integrates the living room, dining area, and a fully equipped modern kitchen, creating a welcoming and sociable atmosphere. This level also includes a bathroom, a laundry room with potential to be converted into an additional bedroom, another bedroom, storage areas, and a covered patio with stunning sea views. The lowest floor offers even greater flexibility, featuring a large kitchen and a spacious area that can be adapted into a generous master suite with a lounge area, or divided into two additional bedrooms. A bathroom and another covered sea-view patio complete this level, enhancing the excellent connection between indoor and outdoor spaces. Outside, a large side garden provides the ideal setting to create a private retreat, with ample space for a swimming pool and landscaped leisure areas. Located near the picturesque village of Calheta, known for its marina, golden sandy beach, and diverse dining options, the property also benefits from proximity to supermarkets, cafés, and schools. The area is renowned for its levada walks and viewpoints, perfect for exploring nature. It is approximately 40 minutes from Funchal and Madeira International Airport, ensuring easy access without compromising tranquillity and privacy. All furniture and equipment are included in the price. This is a unique opportunity to acquire a versatile property with income potential in one of Madeira’s sunniest and most sought-after areas.