Estate with 2 Houses to Renovate – Prime Investment Opportunity in Caniço - LH-825-2026

Ilha da Madeira, Santa Cruz
  • 2354 m2

Sale price
390 000 €

Ref: LH-825-2026
Discover this unique property in Caniço, perfect for those seeking a project with strong tourism and investment potential.

Set on a generous 2,354 m² plot, this estate includes two traditional houses in need of renovation, offering multiple development possibilities:

Restoration of the existing buildings, preserving their original charm

Construction of independent villas or bungalows, ideal for short-term rental (Local Accommodation)

Creation of outdoor areas such as gardens, a swimming pool, and leisure spaces

Located in a शांत and pleasant area, yet close to the town center, this property offers the perfect balance between privacy and convenience.

Additional potential:
There is also building feasibility for 20 to 28 apartments (depending on typology), making this an excellent opportunity for developers and real estate investors.

Create a standout tourist retreat in a highly desirable location!

For more information, please contact:
Links Homes Real Estate
We embrace your dream as if it were our own.

Property Features

  • Built year: 1984
  • Energetic certification A+: Exempt
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