A fusion of minimalist modern and traditional architecturally designed stone walled 3 level villa on a large plot with amazing panoramic sea and mountain views of Fajã da Ovelha, with pool and large garage with off road parking for many cars. This is a fully licensed holiday rental offering three separate rent-able spaces T3 + T3 + T2 with a high annual occupancy rate. Excellent business investment opportunity.
Fajã da Ovelha is a civil parish in the municipality of Calheta. The parish includes three bands of residential, forested and mountain area; the population is actually concentrated in the area between ocean cliffs and main regional road, linking it to the neighbouring parish Paul do Mar, a fishing village which also very popular with surf. And Fajã da Ovelha is located about 7 km northwest of Vila da Calheta, the “capital” of municipality of Calheta.
Calheta encompasses the south and south-west region of Madeira Island, with an area of approximately 116 Km2 makes it the longest of the Autonomous Region of Madeira. It is thought that the origin of the name Calheta derives from the small bay or cove, where the Marina is located in Vila da Calheta, sheltered by sea walls with imported sand, makes it one of the island’s few sandy beaches. Calheta is considered to have the best general climate in Madeira, popular with bars, restaurants, beach and art culture.
WHY BUY PROPERTY IN MADEIRA?
The Island of Madeira is noted for its mild to warm year-round temperatures, Madeira wine, gastronomy, historical and cultural value, local artisans and traditional festivities throughout the year, flora and fauna, stunning coastline, breath-taking peaks and the Laurel Forest that are classified as a UNESCO World Heritage Site.
Madeira Island is a haven of tranquility, safety and European comforts with an island lifestyle. It’s most popular attractions are levada walks (hikes the mountains) and New Year’s Eve fireworks display which holds multiple Guinness World Records for the “Largest Fireworks Display in the World”.
Madeira is an autonomous region of Portugal since 1976 that has the Legislative Assembly of Madeira and the Regional Government as government bodies, it is an integral part of the European Union with the status of the outermost region of the Union territory. Portugal has a Residence Permit programme for Investors (known as Golden Visa), which enable non-EU citizens to invest in Portugal and obtain a temporary residence permit.
The acquisition of real estate with a value equal to, or greater than, EUR 500,000, makes this listing eligible for the Golden Visa.
- Energy ClassB