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Madeira, Machico, Portugal

£856,580
€1,000,000
KW Madeira, Funchal
PROPERTY TYPE

Block of Apartments

BEDROOMS

7

BATHROOMS

4

SIZE

3,315 sq ft

308 sq m

Key features

  • 7 bedrooms
  • Total area: 957 sqm
  • House area: 308 sqm
  • Condition: Good condition
  • 4 bathrooms

Description

Building located in the Municipality and Parish of Machico, inserted in a plot of land of 957 m2, at an elevation of 13m.
Ideal for investment in the construction of a multifamily housing building, it allows the implantation in the entire land (957m2), with a constructive feasibility of 4500m2, 4 floors above ground level, with the ground floor intended for commerce and the remaining 4 floors for housing. Immense potential for housing, commerce or hospitalityFantastic potential for Real Estate or Tourism Project, derived from its excellent location. Excellent building located in an emblematic area, in the heart of the city. Have a secure investment in a great location, ZONA ARU - URBAN REHABILITATION AREAConstituted by: 2 single storey villas, and 1 villa of 2 floorsLocated 2 minutes walk from the beach.


REF: 1212-5946

Madeira, Machico, Portugal

NEAREST AIRPORTS

Distances are straight line measurements
  • Funchal(International)
    1.7 miles
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About the agent

KW Madeira, Funchal

Rua dos Ilhéus 6 Funchal Ilha da Madeira 9000-176

KW Madeira, Funchal

Our Mission:

To build careers worth having, businesses worth owning lives worth living, experiences worth giving, and legacies worth leaving.

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Notes

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This is a property advertisement provided and maintained by KW Madeira, Funchal (reference 237767_1212-5946) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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