1 Properties for sale, Homes and flats in Ponta do Sol near: Igreja (Island), Portugal, of 900.000 € until 1.200.000 €, from 175 m²

This is an invitation to live life at the quiet and serene pace of the charming coastal village of Madalena do Mar. Nestled a mere 30 meters from the sea line, this property offers not just one, but two separate houses, each spread over two floors, providing a total of five spacious 1 bedroom apartments and even has the possibility of making even more one apartment making a total of 6 apartments for monetization. Upon entering this property, you will be immediately captivated by the welcoming atmosphere and proximity to nature. The apartments, carefully decorated and equipped, offer the perfect balance between comfort and practicality. Each T1 unit has a cozy living room, a fully equipped kitchen, a quiet bedroom and a bathroom, ensuring maximum comfort for its guests. The prime location of this property couldn’t be more idyllic. Just steps away is a stunning black pebble beach, perfect for leisurely days in the sun and invigorating dips in the sea, and just an 8-minute drive from the gorgeous yellow sand beach of Calheta. In addition, the gorgeous beachfront promenade invites relaxing morning strolls or romantic evenings at sunset, offering stunning panoramic views of the Atlantic Ocean. For astute investors, this property offers incredible monetization potential. With an annual occupancy rate of 95% in the current Local Accommodation model, the five T1 apartments represent a lucrative opportunity for those looking to invest in the tourist real estate market. The flexibility to live in one of the homes and rent out the other four or choose to rent all five units provides a unique versatility to meet individual needs and goals. In short, this property is much more than a simple beachfront villa, it is a smart investment, a relaxing getaway and an invitation to live life to the fullest. Whether it’s to enjoy the pleasures of life by the sea or to capitalize on the thriving short-term rental market, this is an opportunity not to be missed. For more information, please contact us. Ref. 6784 - Pink Real Estate #ref:006784