House T2 in Machico with 86 m²

💙🎈 2-Bedroom House with Sea View, Privacy and Rehabilitation Potential in Água de Pena, Machico

📍 LOCATION: Regional Road 239, Vereda do Poço, Água de Pena, Machico.
🌍 Google Maps: https://maps.app.goo.gl/om4unxVtS7ejQvJa8
🛌 2 | 🛀 1
🅿 🚘 No parking for vehicles
🏠📐 86m2 (construction area)
🗺️📐 166m2 (plot)
📅🧱🔨1986
⚡ Energy class F

✔️ Quiet area
✔️ Privacy
✔️ Unobstructed sea view
✔️ Rehabilitation potential
✔️ Close to the highway and services

This is an opportunity for those looking to transform a property into a haven with unobstructed views over the Atlantic.
In the tranquil Vereda do Poço, in Água de Pena, you will find this house with enormous rehabilitation potential, ideal for those who value privacy, sun exposure and panoramic views over the sea and the Desertas Islands.
Set on a 166 m² plot with a gross construction area of 86 m², this property offers the opportunity to create a home to your liking in a secluded location surrounded by pleasant natural surroundings.
The house comprises:
• 2 bedrooms;
• 1 bathroom;
• Kitchen and living room;
• Outdoor patio.
The southeast orientation provides excellent sun exposure throughout the day, while the location allows you to benefit from an open view of the ocean and the Desertas Islands, creating an atmosphere of tranquility and contact with nature.

Location
Despite its secluded surroundings, the property is close to various services and access points, namely:
• Continente Modelo supermarket in Machico;
• Washy Laundry;
• Worten;
• Wells;
• Água de Pena Primary School with Preschool;
• Post Office;
• SAM public transport;
• Quick access to Madeira International Airport and the expressway.

Important Information
The property is in a very dilapidated state of conservation, requiring extensive rehabilitation work. Among the observed problems are:
• Serious water infiltration;
• Eaves at risk of collapse;
• Metal elements with visible corrosion;
• Significantly damaged exterior pavement;
• Retaining wall bordering the neighboring building to the south in the process of being transferred.
It is also important to point out that the property does not have direct road access, with access being exclusively via a pedestrian path approximately 140 meters long, including stairs and narrow sections.
The property does not have a parking space.

Potential
This is an opportunity aimed at buyers seeking a real estate renovation and enhancement project, benefiting from a location with privacy, good sun exposure, and views that constitute one of its greatest attributes.

Legal Information
Please note that this property does not have a usage license. However, its transfer may be carried out under the provisions currently foreseen in the Simplex Urbanístico (Urban Planning Simplification), without prejudice to the buyer having to carry out the necessary steps to verify the urban planning situation of the property with the competent authorities.

Annual Property Tax (IMI): €130