Falesia Garden Apartments – Boutique Villa Complex for Sale in Caniço de Baixo

Falesia Garden Apartments – Boutique Villa Complex in Caniço de Baixo
Asking Price: €1,900,000

An exceptional investment opportunity in Caniço de Baixo, Madeira. Falesia Garden Apartments is a fully operational villa complex comprising multiple 1-bedroom duplex villas, each with private terraces and balconies, and panoramic sea and garden views—perfect for holiday rentals or boutique hospitality.

Each villa features a spacious open-plan living/dining room, a fully equipped kitchen, built-in storage, and a twin bedroom with floor-to-ceiling wardrobes and balcony access. Bathrooms are conveniently located mid-level between living and sleeping areas.

The complex offers a communal swimming pool, sun loungers, laundry and pool room, and beautifully landscaped gardens. At the front of the property is a reception room with a toilet, which offers clear potential for conversion into a coffee shop, small office, or guest service area—providing further income opportunity.

A detached studio apartment is also included, ideal for onsite owner accommodation, property manager housing, or additional guest overflow. This unit gives flexibility and privacy while keeping the complex self-contained.

Additional features:

Free on-street parking for guests
Walking distance to the beach, restaurants, and local amenities
Ideal for a lifestyle buyer, expat host, or turnkey holiday rental business

Local Area

Canico de Baixo is the more touristic part of Canico and means Canico Lower ( or as we like to say "by the sea") just 6 km east of Funchal on the south coast of Madeira. It is a quieter, more relaxed part of the island that still enjoys and hosts many tourists throughout the year. The area has many foreign owners as well as a mixed group of tourists. The area has mainly English/ German and Portuguese speakers