Renovated Traditional House with Licensed Bar, Independent Apartment and Terrace – Fajã da Ovelha, Madeira

€420.000

Overview

  • Updated On:
  • October 6, 2026
  • 4 Bedrooms
  • 95 m2
  • 3 Bathrooms

Description

Located in the peaceful and charming area of Fajã da Ovelha, this beautifully renovated traditional Madeira property offers a versatile combination of residential, rental and commercial potential.

The main house has been fully renovated, including the plumbing and electrical installations, while retaining the character and charm of a traditional Madeira property. It offers three bedrooms and a separate office, providing comfortable and flexible accommodation for a family, holiday home or remote working.

On the upper floor, the property features a private terrace, offering a pleasant outdoor space to relax, enjoy the Madeira climate or entertain guests.

One of the property’s key advantages is the fully renovated bar located on the lower level. The bar is already equipped and, importantly, holds the necessary licences and authorisations to operate, allowing a new owner to continue the existing activity or explore other possibilities within the authorised use.

The property also includes a fully independent one-bedroom apartment (T1), providing an excellent opportunity for rental income, guest accommodation or private use by family and friends.

Combining a fully renovated main residence with an independent apartment and a licensed commercial space, this property offers an unusual degree of flexibility for both private living and investment purposes.

Key Features:

  • Fully renovated traditional Madeira house
  • Renovated plumbing and electrical installations
  • Three bedrooms
  • Separate office
  • Private upper-floor terrace
  • Independent one-bedroom apartment (T1)
  • Fully renovated bar
  • Existing bar licences and operating authorisations
  • Multiple independent spaces
  • Energy Performance Certificate: B-
  • Excellent potential for rental income and business use
  • Suitable as a permanent residence, holiday home or investment property
  • Located in the peaceful area of Fajã da Ovelha

Whether used as a spacious family residence with additional rental income, a holiday property with independent accommodation, or an investment combining residential and commercial use, this property offers a rare combination of flexibility, established infrastructure and traditional Madeira character in the sought-after area of Fajã da Ovelha.

Energy Class: B
A+
A
Energy class B
B
C
D
E
F
G
H

Area:
State/County:
Country: Portugal

Property Id: 26258
Price: €420.000
Property Lot Size: 95 m2
Bedrooms: 4
Bathrooms: 3

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Carla Barrichon