Apartment for sale in Arco da Calheta, 160 m²

Arco da Calheta, Calheta

Apartment

EUR 950,000

• 3 bedrooms
• 4 bathrooms
• 159.8 sqm

Ornelas Legacy is a modern residential development located in Calheta, Madeira, one of the most sought-after areas on the island, ideal for national and international investors seeking secure returns and turnkey properties. The project includes T0, T1, T2, T2+1 and T3 apartments, all fully furnished and equipped, with functional layouts, generous areas and balconies, many with sea views. The apartments feature open-plan kitchens, built-in wardrobes and air conditioning installed, offering comfort for personal use or exploitation as Local Accommodation. Common areas include a heated pool, heated sauna and fully equipped gym, increasing appeal for tourist rental throughout the year. The development is prepared for Local Accommodation exploitation, with a 7% yield offer on rental income (subject to contractual conditions), guaranteeing predictability and attractive returns for investors. Located near the beach, marina, restaurants and services, Ornelas Legacy combines strong rental demand with long-term appreciation potential. Delivery expected for early 2028, offering a low-risk investment opportunity with reduced maintenance.