Câmara De Lobos, Madeira, Address available on request

This exceptional plot of land, with an impressive 4,156 square metres, 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 close to Nicos Burguer, making it a recognised reference point for potential investors and developers.

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

The plot has three villas, one of which is actively let out for local accommodation, presenting an immediate income-generating opportunity. In addition, the land has a flourishing banana plantation, supported by a well-established irrigation system and a modernised irrigation well, ensuring optimum agricultural productivity, whether by drip or sprinkler.
Access to the property is facilitated by two well-maintained roads, increasing its attractiveness for development. In addition, 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 makes this plot even more attractive to potential investors looking to develop a flat block in a highly sought-after location.

Price for sqm: 264,67

Don't miss out on this unique opportunity. Book your visit now.

If you want to know more about this property, don't hesitate to contact us.

Martinho Barros Unipessoal, Lda.
Licence Ami-21197

We take care of the whole process. We also accompany the entire purchase process, from: simulations for bank credit Intermediate Credit Registered With The Bank Of Portugal N. 2276. Count on our help and professionalism.
We share business with all real estate consultants or agencies with an active Ami licence, on a 50/50 basis. If you're a professional in the sector and have a buyer client, contact me and book your visit.