Description

Madeira’s premier income-producing villa: legally ONE moradia (fração B) operated as 3 short-term suites — Crystal (56,728/yr), Amber (52,674/yr), Pearl (56,497/yr) with rooftop outdoor kitchen + 360° ocean views. 2025 actuals: 165,899 / $194,102 gross at ~94% occupancy; 120,262 / $140,706 NOI = 7.07% cap rate at list. Modern 2023 build, Class B energy. Each suite: 1 BR / 1 BA, fully furnished, kitchenette, private terrace; reversible interior partitions. Total 3 BR / 3.5 BA / 1,415 sqft. Registered Alojamento Local RNAL #160289. Caniço, 8 km east of Funchal. ONE moradia, ONE AL license — three suites via reversible partitions. Operating statement in Documents (Private). International property; FIRPTA may apply.

Address

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Address: Rua Encosta Dos Magos
State/county: Other

Details

Updated on July 17, 2026 at 6:55 pm

Property ID B26026997
Price $1,990,000
Property Size 1415 Sq Ft
Land Area 0.07 Sq Ft
Year Built 2023
Type Triplex
Property Status Residential Income

Additional details

BuildingAreaSource Owner
BuildingAreaTotal 1415
ConstructionMaterials Concrete, Stucco
ContractStatusChangeDate 2026-05-11
Cooling Central Air, Ceiling Fan(s)
CumulativeDaysOnMarket 67
CurrentPrice 1990000
DaysOnMarket 67
DaysOnMarketReplication 67
DaysOnMarketReplicationDate 2026-07-17
DaysOnMarketReplicationIncreasingYN 1
DocumentsAvailable Other
DocumentsChangeTimestamp 2026-05-11T14:18:23.000-00:00
DocumentsCount 1
Flooring Ceramic Tile, Marble, Wood
FoundationDetails Block
GrossIncome 194102
Heating Zoned
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
Levels Three Or More
ListAOR BeachesMLS
ListAgentAOR BeachesMLS
ListAgentDirectPhone 754-317-1121
ListAgentEmail viktoriiavolynets@gmail.com
ListAgentFirstName Viktoriia
ListAgentFullName Viktoriia Volynets
ListAgentKey 26906163
ListAgentKeyNumeric 26906163
ListAgentLastName Volynets
ListAgentMlsId 276631570
ListAgentNationalAssociationId 276631570
ListAgentOfficePhone 954-545-5583
ListAgentPreferredPhone 754-317-1121
ListAgentStateLicense 3474750
ListAgentURL https://lokationre.com/
ListOfficeAOR BeachesMLS
ListOfficeEmail mls@lokationre.com
ListOfficeKey 5902521
ListOfficeKeyNumeric 5902521
ListOfficeMlsId 802518
ListOfficeName LoKation
ListOfficePhone 954-545-5583
ListingAgreement Exclusive Right To Sell
ListingContractDate 2026-05-11
ListingKey 1159841024
ListingKeyNumeric 1159841024
ListingService Full Service
ListingTerms Cash, Conventional
LivingAreaSource Owner
LotFeatures < 1/4 Acre
LotSizeArea 3200
MLSAreaMajor 5990 - International
MajorChangeTimestamp May 11, 2026 at 02:14pm
MajorChangeType New Listing
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp July 17, 2026 at 05:39pm
NetOperatingIncome 140706
NumberOfUnitsInCommunity 3
NumberOfUnitsTotal 3
OnMarketDate 2026-05-11
OnMarketTimestamp 2026-05-11T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-07-17T13:37:26.587-00:00
OriginalEntryTimestamp May 11, 2026 at 02:14pm
OriginalListPrice 1990000
OriginatingSystemID M00000170
OriginatingSystemKey 582043327
OriginatingSystemListAgentMemberKey 1273113
OriginatingSystemListOfficeKey 1153404
OriginatingSystemModificationTimestamp 2026-07-17T13:37:26.587-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_BEACH
OtherStructures Pergola
ParcelNumber 1943b
ParkingTotal 1
PatioAndPorchFeatures Open, Patio, Terrace, Balcony, Rooftop
Permission IDX
PetsAllowed No
PhotosChangeTimestamp July 17, 2026 at 04:26am
PhotosCount 52
Possession Negotiable
PropertyCondition Resale
PropertySubTypeAdditional Triplex
Roof Concrete
Sewer Public Sewer
SourceSystemID TRESTLE
SourceSystemKey 1159841024
SourceSystemName flexmls
SpecialListingConditions Standard
StatusChangeTimestamp May 11, 2026 at 02:14pm
Stories 3
StoriesTotal 3
StreetName Rua Encosta Dos Magos
StreetNumber 16
StreetNumberNumeric 16
StructureType Triplex
TaxAnnualAmount 517
TaxLegalDescription Fração autónoma B, prop. horizontal, CRP Santa Cruz nº 1943, Caniço. Lic. Util. 58/2023. Moradia T3, 3 suites, logradouro priv.
TaxYear 2025
UnitNumber B
UniversalPropertyId US-12071-N-1943b-R-N
Utilities Cable Connected, Natural Gas Available, None, Water Not Available
VideosCount 0
View Ocean
WaterSource Public
Zoning Residential