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 | $1,590,000 |
| CAD | $2,265,194 |
| CNY | 元10,660,791 |
| EUR | €1,411,953 |
| GBP | £1,203,589 |
| RUB | ₽132,458,766 |
| Square Footage | Owner |
| Acres | 0.07 |
| Year Built | 2023 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Restrictions | No Restrictions |
| Status | Active |
| HOPA | No Hopa |
Community Information
| Address | 16 Rua Encosta Dos Magos #b |
|---|---|
| Area | 5990 - International |
| County | Other |
Amenities
| Utilities | Cable Connected, Natural Gas Available, None, Water Not Available |
|---|---|
| View | Ocean |
| Is Waterfront | No |
| Has Pool | No |
| Pets Allowed | No |
| Guest House | No |
Interior
| Heating | Zoned |
|---|---|
| Cooling | Central Air, Ceiling Fan(s) |
| # of Stories | 3 |
Exterior
| Exterior Features | Garden, Outdoor Kitchen, Private Rooftop Terrace, Balcony |
|---|---|
| Roof | Concrete |
| Construction | Concrete, Stucco |
Additional Information
| Date Listed | May 11th, 2026 |
|---|---|
| Days on Market | 147 |
| Zoning | Residential |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 1943b |
Listing Details
| Office | LoKation |
|---|---|
| viktoriiavolynets@gmail.com |