2 Land Used, in Ilha da Madeira, Published in the last 8 days

This land offers a unique opportunity for investors interested in developing a tourism venture.

Construction of detached, single-family or semi-detached houses, rural spaces, in addition to ’Casa de Campo’, ’Turismo de Aldeia’ and ’Hotel Rural.

Specific features:

Total land area 14,735 m²
Minimum surface area for sale 14,735 m²
Buildable surface 12,000 m²
Access by road
Urban situation
Buildable land
Feasibility for high-rise residential (apartments)
2 buildable floors

Equipment:
Water
Electricity
Sanitation
Natural gas
Lighting
Sidewalks

Energy certificate: exempt

Book your visit now!

This exceptional plot of land, with an impressive 4,156 square meters, is ideally situated in a privileged location that offers unparalleled accessibility, being just a stone’s throw from the motorway and only a five-minute drive from the vibrant centre of Funchal. The property is conveniently located near Nicos Burger, making it a recognised landmark for potential investors and developers.

This versatile plot of land is perfectly suited for the construction of a flat building, providing a unique opportunity to capitalise on the growing demand for residential space in the area.

The land has three villas, one of which is actively rented for local accommodation, presenting an immediate opportunity for income generation. In addition, the land has a flourishing banana plantation, supported by a well-established irrigation system and a modernised irrigation well, ensuring optimal agricultural productivity, either by drop or by sprinkler.
Access to the property is facilitated by two well-maintained roads, increasing its attractiveness for development. Additionally, the inclusion of a spacious garage capable of accommodating six or more vehicles adds significant value to the property.

Its proximity to the esteemed Quinta da Saraiva hotel further increases the attractiveness of this land to potential investors looking to develop a block of apartments in a highly sought-after location.

Don’t miss this unique opportunity. Book your visit now.

If you want to know more about this property do not hesitate and contact us.

Martinho Barros Unipessoal, Lda.
License Ami-21197

We take care of the whole process. We also follow the entire purchase process, from: simulations for bank credit Intermediary Credit registered with the Bank of Portugal nº 2276. Count on our help and professionalism.
We have shared business with all real estate consultants or agencies with an active Ami license, on a 50/50 basis. If you are a professional in the sector and have a buyer client, contact me and schedule your visit.