Funchal (Madeira), Ilha Da Madeira (Madeira) 9000-702, Portugal

MLS#: C0216-02950

$426,410 USD

€410,000 EUR

Minimum sellable space
1,635m²
The details

Property features

Date Updated: Dec 4, 2024

Area

Land/Lot size
1,635m²

Description

Be one of the first to invest in this incredible 1,635 m² plot of land strategically located in Santa Rita, one of the areas with the greatest growth and appreciation in Madeira Island. The proximity to key infrastructure makes this land a true jewel for visionary investors.Main Features:- Premium Location: Just 150 meters from the future Madeira University Hospital and 500 meters from Madeira Shopping.- Stunning Sea View: A unique setting for any type of project.- Great Construction Potential: Construction index of 0.5 (PDM 2018, under reformulation) offering excellent margin for high profitability projects.- Expansion Zone: Area with strong development, ensuring continuous appreciation and return on investment.Ideal for those who want to take advantage of the region's accelerated growth, this land is the perfect choice for entrepreneurs and real estate investors. Don't miss this rare opportunity to be part of Funchal's promising future!Get in touch now and book your visit now!We are credit intermediaries authorized by Banco de Portugal. We help you find the best offer, from several banks, for your mortgage loan.Reference C0216-02950

Location

Funchal (Madeira), Ilha Da Madeira (Madeira) 9000-702, Portugal
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Courtesy of CENTURY 21 Prestige