About 16 Rua Encosta Dos Magos B
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.
Features of 16 Rua Encosta Dos Magos B
| MLS® # | B26026997 |
|---|---|
| USD | $1,990,000 |
| CAD | $2,770,796 |
| CNY | 元13,378,372 |
| EUR | €1,720,289 |
| GBP | £1,474,857 |
| RUB | ₽171,848,042 |
| Bathrooms | 0.00 |
| Square Footage | 1,415 |
| Acres | 0.07 |
| Year Built | 2023 |
| Type | Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 16 Rua Encosta Dos Magos B |
|---|---|
| Area | 5990 Global Outside US |
| City | , |
| County | Other |
Amenities
| Utilities | Cable Available, Natural Gas Available, None |
|---|---|
| View | Ocean |
| Is Waterfront | No |
| Has Pool | No |
| Pets Allowed | No,NoPetRestrictions |
Interior
| Interior | Ceramic Tile, Hardwood, Marble, Wood |
|---|---|
| Heating | Zoned |
| Cooling | Central Air, Ceiling Fan(s) |
| Fireplace | No |
| # of Stories | 3 |
| Stories | Three Or More |
Exterior
| Exterior Features | Balcony, Patio |
|---|---|
| Roof | Concrete |
| Construction | Block, Stucco |