Traditional House - Machico - Center
175 000 €
You are looking for a century-old traditional property with Roman lines, in the historic area of Machico, close to all the basic day-to-day services, the airport, the highway and one minute from the beach, on Madeira Island.
Excellent opportunity to live in the city center, to build a hostel, or even a commercial establishment, maintaining the picturesque characteristics of the traditional stone house.
Consisting of 2 floors, on the ground floor you will find two compartments, one of which is a small shop and on the first floor there are 4 bedrooms, kitchen and bathroom.
This house needs total rehabilitation of its infrastructures. It is important to mention that the conditions of the building allow that the new construction must not exceed the average depth of the neighboring buildings, with the maximum construction index being 1.50.
The architectural language should integrate with the surrounding set, in terms of volume, colors, proportions and external reading materials.
Get in touch with us and find out how you can purchase this property in Machico.
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Unique investment opportunity in a building in the beautiful city of Machico.
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- Price: 175 000 €
- Status: Needing Total Refurbishment
- Net area: 129m2
- Gross area: 134m2
- Plot Area: 229m2
- Bedrooms: 4
- Bathrooms: 1
- Construction Year: 1937
- Reference: C0456-00260
How much is my house worth?
- Town Centre (0m) - Machico
- Pharmacy (0m)
- School (50m) - Machico