Search
Investment Land with Exclusive Projects and High Rental Potential - Ponta de Sol This is the investment opportunity you’ve been waiting for to create a unique and highly profitable real estate project
Ponta do Sol, Ilha da Madeira, Portugal
REF: 903874
€600,000
Description
Investment Land with Exclusive Projects and High Rental Potential - Ponta de Sol This is the investment opportunity you’ve been waiting for to create a unique and highly profitable real estate project. With a total area of 3,339 m² divided into 4 independent plots, each with its own approved project and individual licence, this property allows for phased constructions based on your occupancy or sale requirements. Property Highlights: Located just 5 minutes from the centre of Ponta de Sol, in a peaceful area with stunning, uninterrupted views of the sea and mountains. South-facing with excellent sun exposure, creating a bright, relaxing atmosphere. Ideal for a residential or tourist development, conveniently located near public services and local attractions. Plot Details and Project Potential: Plot No. 1 - Renovation Opportunity with Pool Built Area: 404 m². Description: Perfect for a renovation project, this plot offers a spacious property with a pool and traditional features that can be modernised to increase its value. Plot No. 2 - Semi-Detached Homes for Holiday Letting Built Area: 894 m². Description: A set of semi-detached homes, ideally configured for holiday rentals. Designed to appeal to guests seeking comfort, privacy, and proximity to nature. Plot No. 3 - Semi-Detached Homes for Holiday Letting Built Area: 740 m². Description: Similar to Plot No. 2, this set of semi-detached homes is also ideal for holiday rentals, with excellent ventilation, natural lighting, and accessibility to meet the rental market demand. Plot No. 4 - Main House with Private Pool Built Area: 1,163 m². Description: Spacious, sophisticated main residence with a private pool, perfect for a family home or a long-term rental project. Additional Features: Water Tank Access: A separate tank with a monthly capacity of 8 hours that supplies all plots (138 m²). Project Flexibility: The flexible layout of these plots allows multiple configurations, with the possibility of joining the semi-detached houses on Plots 2 and 3 to create a larger two-bedroom property. Varied Property Types: Planned projects include five one-bedroom residences (Plots 1, 2, and 3) and one two-bedroom residence (Plot 4) with en-suite bedrooms, ideal for both the tourism and residential markets. Rental Potential: With the planned one- and two-bedroom residences, this property offers excellent rental income potential, whether through holiday lets or long-term rentals. Given the demand in Ponta de Sol, this investment ensures high occupancy rates and long-term appreciation. Contact us today to arrange a visit! This is a rare chance to acquire a versatile property with substantial potential for both appreciation and rental returns. #ref: 129804
Investment Land with Exclusive Projects and High Rental Potential - Ponta de Sol This is the investment opportunity you’ve been waiting for to create a unique and highly profitable real estate project. With a total area of 3,339 m² divided into 4 independent plots, each with its own approved project and individual licence, this property allows for phased constructions based on your occupancy or sale requirements. Property Highlights: Located just 5 minutes from the centre of Ponta de Sol, in a peaceful area with stunning, uninterrupted views of the sea and mountains. South-facing with excellent sun exposure, creating a bright, relaxing atmosphere. Ideal for a residential or tourist development, conveniently located near public services and local attractions. Plot Details and Project Potential: Plot No. 1 - Renovation Opportunity with Pool Built Area: 404 m². Description: Perfect for a renovation project, this plot offers a spacious property with a pool and traditional features that can be modernised to increase its value. Plot No. 2 - Semi-Detached Homes for Holiday Letting Built Area: 894 m². Description: A set of semi-detached homes, ideally configured for holiday rentals. Designed to appeal to guests seeking comfort, privacy, and proximity to nature. Plot No. 3 - Semi-Detached Homes for Holiday Letting Built Area: 740 m². Description: Similar to Plot No. 2, this set of semi-detached homes is also ideal for holiday rentals, with excellent ventilation, natural lighting, and accessibility to meet the rental market demand. Plot No. 4 - Main House with Private Pool Built Area: 1,163 m². Description: Spacious, sophisticated main residence with a private pool, perfect for a family home or a long-term rental project. Additional Features: Water Tank Access: A separate tank with a monthly capacity of 8 hours that supplies all plots (138 m²). Project Flexibility: The flexible layout of these plots allows multiple configurations, with the possibility of joining the semi-detached houses on Plots 2 and 3 to create a larger two-bedroom property. Varied Property Types: Planned projects include five one-bedroom residences (Plots 1, 2, and 3) and one two-bedroom residence (Plot 4) with en-suite bedrooms, ideal for both the tourism and residential markets. Rental Potential: With the planned one- and two-bedroom residences, this property offers excellent rental income potential, whether through holiday lets or long-term rentals. Given the demand in Ponta de Sol, this investment ensures high occupancy rates and long-term appreciation. Contact us today to arrange a visit! This is a rare chance to acquire a versatile property with substantial potential for both appreciation and rental returns. #ref: 129804
Read More
Property on Map
Currency Exchange
Ponta do Sol, Ilha da Madeira, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €600,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €600,000 | £495,270 | £520,854 | £25,584 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £495,270 |
| Maximum cost in the last six months | £520,854 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,584 |
Ponta do Sol, Ilha da Madeira, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €600,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €600,000 | £495,270 | £520,854 | £25,584 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £495,270 |
| Maximum cost in the last six months | £520,854 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,584 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £25,584 more.
Search popular regions
Useful links
Hi {{firstName}},
Enquire about this property
Make an Enquiry on this property
No Yes
No Yes
I agree to be connected with a trusted property agent who will receive
these details.
We handle your data with care and only ever as outlined in our
Privacy Policy
Thank you for your
enquiry!
Our partner agent will be in touch with you shortly.
Our partner agent will be in touch with you shortly.
Enquire about this property
No
Yes
No
Yes
I agree to be connected with the property agent for more detail on this
listing.
We handle your data with care and only ever as outlined in our
Privacy Policy
