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COMMERCIAL

Land for sale

Madeira, Portugal

£303,555
€350,000
Portugal Sotheby's International Realty, Madeira
PROPERTY TYPE

Land

SIZE

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Description

An exceptional investment opportunity. This is a 43,000-square-meter plot of land located in Santana, surrounded by nature, stunning landscapes, and even with sea views. It has excellent accessibility, right by the main road, and is very close to various points of high tourist interest, levadas (irrigation channels) and hiking trails that offer superb views. The land is extremely fertile, allowing for agricultural exploration, in case that is the investment intention. It is divided into two parts: a flat section and a steeply sloping section, classified as Mixed Forest Space. In the flat section, which covers 17,125 square meters, according to the constraints obtained from the Municipal Council and as outlined in the Municipal Master Plan (PDM), it is possible to build a tourist development, with a corresponding construction volume index of 1 for use and 0.5 for soil sealing. In other words, it is possible to construct the total area in this zone, spread over two floors, making this property a rare, unique, and highly attractive opportunity on the north coast of the island.

Madeira, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Funchal(International)
    16.7 miles

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About Portugal Sotheby's International Realty, Madeira

Av. Arriaga, nº 75 9000-060 Funchal

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Notes

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This is a property advertisement provided and maintained by Portugal Sotheby's International Realty, Madeira (reference 111230390) 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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