Ponta Do Pargo, Madeira 9385

Excellent investment opportunity in Ponta do Pargo. Property consisting of a traditional stone house to renovate, with a gross construction area of 118 m² and 5 rooms, a hay barn, and an agricultural warehouse, set on a plot of land totaling 2,009 m². Located in a peaceful rural area, surrounded by nature and traditional-style houses, it benefits from magnificent views of the surrounding landscape. In addition to restoring the existing buildings, the land has potential for developing new housing units, subject to opinions and approval from the competent authorities. Located just a 5-minute walk from Garganta Funda, one of the main tourist attractions of Ponta do Pargo, this property is in a highly sought-after area for nature lovers, hiking, and walking routes, especially the region's levadas. Due to its features, location, and buildable potential, it represents an excellent opportunity for developing a Local Accommodation project, rural tourism, or an exclusive countryside retreat in one of Madeiras most authentic and preserved areas. If you are looking for a property with these characteristics or you are a real estate consultant, do not hesitate to contact me. Kw Area Madeira is proud to share business with all licensed real estate agencies in the market on a 50% - 50% basis. We accompany the entire buying process, including: credit simulations, documentation, legal service, translation. We share with all licensed Ami agencies, because the most important thing for us is to help our clients and yours complete the purchase and sale of the property.