5-Bedroom House – Great Investment Potential in the Heart of Estreito de Câmara de Lobos

  • 695.000€
Escola Básica dos 2º e 3º ciclos do Estreito de Câmara de Lobos, 2, Rua João Augusto Ornelas, Estreito de Câmara de Lobos, Câmara de Lobos, Madeira, 9325-032, Portugal
Sold Camara de Lobos
Escola Básica dos 2º e 3º ciclos do Estreito de Câmara de Lobos, 2, Rua João Augusto Ornelas, Estreito de Câmara de Lobos, Câmara de Lobos, Madeira, 9325-032, Portugal
  • 695.000€

Overview

Property ID: HZKWPT-007929
  • Multi Family Home
  • Property Type
  • 5
  • Bedrooms

Description

We present this 5-bedroom house with a gross area of 418 m², located in one of the most central and sought-after areas of Estreito de Câmara de Lobos – just steps away from the church and all local amenities.

Originally a single-family home, the property has been reorganized into several units, while maintaining a functional and spacious layout. It’s an excellent option for both personal residence and for those seeking an investment project with strong return potential.

The house features:

– Interior space of approximately 180 m²

– Outdoor area

– Balcony

– Garage

– Storage room

– Laundry room

– On-site parking

Current unit layout:

Ground floor:

1-bedroom apartment (approx. 35 m²)

2-bedroom apartment (approx. 75 m²)

Both have independent entrances and access to the outdoor area.

First floor:

2-bedroom apartment (approx. 70 m²)

Second floor:

Spacious attic with two rooms and a bathroom (access via interior staircase)

Urban classification:

Located in a zone classified as Espaço Central 1 (Central Area 1), offering high development potential and versatile use, in accordance with the Municipal Master Plan (PDM)

Being in a Central Area 1 zone allows, under articles 41, 42, and 43 of the PDM, the construction of multi-storey buildings, including the possibility of integrating commercial or service spaces on the ground floor

An attractive opportunity for anyone looking to invest in a multi-family housing project with guaranteed profitability in a high-demand area.

Prime location:

Situated in the heart of Estreito de Câmara de Lobos, with easy access to shops, schools, public transport, leisure areas, and essential services.

Ideal for:

– Investors looking to renovate or develop a new building

– Multi-family housing projects

– Families seeking a spacious home in a central, convenient location

We handle the entire process, including assistance with mortgage financing. Count on our help and professionalism.

At Keller Williams, we share deals with all consultants and real estate agencies. If you’re a professional in the sector and have a buyer client, contact me to schedule a visit.

***Together, we do more for our clients.***

  • Address Rua João Augusto de Ornelas
  • County Câmara de Lobos
  • State/county Madeira Island
  • Zip/Postal Code 9325-002
  • Parish Estreito de Câmara de Lobos
  • Country Portugal

Details

Updated on March 10, 2026 at 7:42 pm
  • Property ID: HZKWPT-007929
  • Price: 695.000€
  • Land Area: 418
  • Bedrooms: 5
  • Property Type: Multi Family Home
  • Property Status: Sold

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Claudio Vieira

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Claudio Vieira
  • Claudio Vieira