House T3 for sale in Ribeira Grande

House T3 in Ribeira Grande with virtual tour

Ribeira Grande (Matriz)

890 000 €

Buy
id. 120961190-1

382 m²

3

2

NC

Description

 Outeiro Mill — A living piece of history, ready for new dreams!

In the heart of Ribeira Grande rises the Outeiro Mill, one of the largest and best preserved mills in the region (405.7 m² total area), bringing together historical value, a privileged location, and multiple business opportunities. 


✨ Unique Features

• Mixed structure: milling and storage + housing.

• Ground floor: stone arches for water passage, storage, entrance/reception.

• First floor: 4 operational millstones (3 hydraulic + 1 electric), granary,
bathroom, outdoor area for parking/loading and unloading.

• Second floor: living room, 3 bedrooms with panoramic views, kitchen, full
bathroom, laundry, rooftop/terrace with views of the sea, city, and mountains.

• Furnished and fully equipped housing, with plenty of natural light.

• Mill in perfect working condition, with 3 extra millstones.

• Free of debts and occupants.

• Not registered as heritage, despite its historical value (as it never
benefited from State support). 



📜 Historical and Cultural Value

• One of the emblematic “Mills of the Countess” (estimated construction: late 16th century).

• One of the first 7 mills (then called “Houses”) built along the Levada da Condessa (which separates the parishes of Matriz and Conceição).

• Located on an excellent stretch, allowing for good channels and rooftops.

• First in the region with iron waterwheels and the only one with an electric screw system (for grain transport).

• Possibly the only fully functional and preserved mill + housing.

• Historical and cultural relevance for the region. 



🚀 Usage Potential

• Tourism: local accommodation or heritage tourism (not currently registered under this category).

• Possibility of guided tours and cultural experiences.

• Artisanal flour production for gourmet bakeries.

• Small-scale hydroelectric/wind power production.

• Adaptation for other businesses or events.

• Strong future appreciation due to tourism potential and location. 



🌊 Central Location (in the heart of the city)

Just minutes away from beaches, tourist attractions, shops, and services, with views that combine sea, city, and mountains. 



📞 More than a property — a legacy ready to create memories and generate income. 

Details  

  • Gross Private Area m² – 382.50 
  • Gross Area m² – 382.50 
  • Total Area m² – 405.70 
  • Usable Area m² – ------ 
  • Bedrooms – 3 (8 rooms in total) 
  • Year of Construction – before 1951 (17th century) 
  • Floors – 3 
  • Bathrooms – 2 
  • Elevator – No 
  • Parking – 4 private spaces 
  • Electric Car Charging – Yes (approx. 50m away) 
  • Energy Efficiency – N/A 

   

Details

Private Gross Area m²382
Gross Area m²382,5
Total Lot Size m²405
Living Area m²382
Bedrooms3
Construction Year1937
Floor- -
WC/Bathrooms2
ElevatorNo
Parking3+ Places
Electric Cars ChargingNo

Energetic details

Energy efficiency

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Map

Rooms

Kitchen
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Living Room
Credit Simulation
Listing Price
890 000 €
30 years
Monthly Payment (*)
0

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.