Apartment T2 in Santa Cruz with elevator

Two-bedroom flat with a Local Accommodation licence, a spacious terrace and just a few minutes from the beach – Caniço de Baixo

An excellent opportunity for those looking for a property ready to move into or an investment with high potential for returns in one of Madeira’s most sought-after tourist areas.

This two-bedroom flat is registered as a holiday let, a significant advantage given the current suspension of new holiday let registrations in the municipality of Santa Cruz. This feature makes the property particularly attractive to investors wishing to tap into the holiday accommodation market.

Located in Caniço de Baixo, just a two-minute walk from the beach, the flat is in excellent condition and is sold fully furnished and equipped, allowing you to continue operating it as tourist accommodation or to move in straight away.

One of its main highlights is the pleasant terrace measuring approximately 28 m², ideal for al fresco dining, leisure time or simply to enjoy Madeira’s mild climate.

The location also offers easy access to supermarkets, bakeries, restaurants, public transport and other essential services, providing a practical and comfortable lifestyle, even without the daily need for a car.

The flat features air conditioning, a lift, a parking space and a storage room, both marked with the number 8.

A unique opportunity to purchase a seaside property, ready to move into and offering a particularly significant advantage for those looking to invest in short-let accommodation.

Property Tax (IMI) – €390.35