Calheta, Madeira 9370

Turnkey Investment in Calheta: Fully Renovated T3 with a High-Yield Al License If you are looking for a property in Madeira that starts paying for itself on day one, this is it. The major standout of this property is its proven track record as an income-generating asset. The home comes with an active and transferable Al (Alojamento Local) license, currently bringing in a steady average of 1,700 per month. Because the house is already fully operational on the short-term rental market, you are buying a running business without the usual setup headaches. The House Don't let the traditional exterior fool you. While it keeps its classic Madeiran charm on the outside, the interior has been completely gutted and renewed. Across its 101 m² footprint, the home is set up perfectly for the rental market with three bedrooms and a very rare three bathrooms. This 3-bed/3-bath ratio is a massive plus for guest comfort, ensuring complete privacy and no morning bottlenecks for larger groups. The Exterior & Future Upside Sitting on a 301 m² plot, the outdoor space is highly functional and offers immediate room for forced appreciation. Right now, it features a massive rooftop terrace that is ideal for sunset dinners, alongside a spacious courtyard with secure, gated parking. The real bonus here is the courtyard's potential. There is more than enough room to put in a swimming pool and some landscaping. Adding a pool is a straightforward upgrade that would significantly drive up your nightly rates and increase that 1,700/month average. The Location Location makes or breaks an Al, and this one hits the sweet spot. You are just a quick 5-minute drive down to the center of Calheta, the marina, and the beach. Furthermore, sitting at an altitude of 440 meters places you in Calheta's prime weather band. It is high enough for great views and a breeze, but perfectly positioned to get brilliant, year-round sun exposure. Properties with proven rental records in Calheta do not stay on the market for long. today to schedule a private viewing or to request the detailed financial history of the Al.