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$1,990,000
35 Days On Site
16 Rua Encosta Dos Magos B,
For Sale|Triplex|Active
0
Beds
0
Total Baths
1,415
SqFt
$1,406
/SqFt
2023
Built
County:
Other
Call Now: 844-LOKATION
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844-LOKATION
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Monthly Payment (Est.)
$9,079Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
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.
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Listing Snapshot
Price
$1,990,000
Days On Site
35 Days
Bedrooms
N/A
Inside Area (SqFt)
1,415 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.07 Acres
Year Built
2023
MLS® Number
B26026997
Status
Active
Property Tax
$517
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Owner
Friends & Family
Recent Activity
| a month ago | Listing first seen on site | |
| a month ago | Listing updated with changes from the MLS® |
General Features
Acres
0.07
Foundation
Block
Levels
Three Or More
Number Of Stories
3
Parking Spaces
1
Pets
No
Property Sub Type
Triplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
1415
Utilities
Cable ConnectedNatural Gas AvailableNoneWater Not Available
Water Source
Public
Zoning
Residential
Interior Features
Cooling
Central AirCeiling Fan(s)
Flooring
Ceramic TileMarbleWood
Heating
Zoned
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Exterior Features
Construction Details
ConcreteStucco
Exterior
BalconyGardenOutdoor Kitchen
Lot Features
Garden
Other Structures
PergolaOutdoor Kitchen
Patio And Porch
PatioTerrace
Roof
Concrete
View
Ocean
Waterview
Ocean
Community Features
Financing Terms Available
CashConventional
MLS Area
5990 - International
Listing courtesy of LoKation
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-06-15 08:38 PM UTC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-06-15 08:38 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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