Canhas, Madeira 9360

We present a plot of land with an existing house in need of renovation, located in the municipality of Ponta do Sol, one of the sunniest and most sought-after areas of Madeira Island, representing an excellent investment opportunity with strong short-term profitability potential. The property includes a house with traditional Madeiran architecture, ideal for a rehabilitation project that preserves the original character of the building while incorporating modern and functional design solutions. The land allows for the creation of outdoor spaces such as a terrace, garden and swimming pool, enhancing the views, sun exposure and overall tourist appeal. With the appropriate renovation, this property can be transformed into a highly competitive short-term rental (local accommodation), a medium- to long-term rental investment, or an attractive resale opportunity following refurbishment. Located in a prime area with good accessibility, close to the centre of Ponta do Sol, beaches, levadas and essential services, this property combines all the key elements for a secure and differentiated investment. Schedule your visit and discover the full potential of this opportunity. Energy Rating: Exempt ref:IC 1287