Ilha da Madeira, Madeira

If you're looking for a plot of land with sea views to build a tourist development in a unique location, this is the opportunity for you! This is the sale of a total of 3 plots of land with a total area of 26, 285 sq.m., located in the south of the island of Madeira, close to the famous Cabo Giro viewpoint. The Cabo Giro viewpoint is the highest point in Europe at 580 meters above the sea. It has a suspended glass platform that has redeveloped the entire surrounding area, making Cabo Giro one of the most visited places on the island of Madeira - around 1, 800 tourists a day.Due to its location, the plots offer 360-degree panoramic views of the ocean, the town of Cmara de Lobos and the whole of Funchal. In addition, the location offers easy access to complete infrastructure, such as water, sewage, electricity, along with easy access by roads to the east and west, and nearby public parking which guarantees to facilitate some aspects of construction. With the absence of nearby neighboring buildings, this is a site with unique building potential and special conditions on the island of Madeira. We are in the process of approving a request for prior information (PIP) to define the characteristics of the condominium, such as the number of units, the implantation area and the total gross construction area based on the constructive capacity of the land and the rules that are allowed in the PDM (Municipal Master Plan) and PROTRAM (Regional Program for Territorial Planning of the Autonomous Region of Madeira).We are working on creating the concept of a closed tourist condominium, with approximately 70 to 100 family-oriented units.It will be a luxury family resort, with all the daily services at your disposal, such as a 24-hour concierge, a restaurant and panoramic bar overlooking the ocean, various swimming activities served by the indoor and outdoor pools, paddle tennis, tennis, soccer, climbing, and playgrounds for the little ones. The total deployment areas of the plot and the construction area will be available soon..The PIP (prior information request) with the municipal council will not determine the architectural style or construction methodology/materials, it will only approve the number of units that can be built and their areas. You can therefore implement your ideas and vision in the project and build as you wish.There is currently an approved architectural project that is still valid for a for-profit project for an Art Center (gross construction area of 1133 m) with a private garden with a concept of Cloud Garden and a Hotel with SPA (gross construction area of 1424 m). Located in one of Madeira's most sought-after tourist destinations, these plots offer an exceptional opportunity for investors wishing to get involved in a development that values nature preservation and a high-quality tourist experience.The Cabo Giro region is known for its natural beauty and tranquil atmosphere, offering visitors the chance to relax and enjoy a serene and welcoming environment. The combination of tranquillity and natural beauty makes it an ideal refuge for those seeking an authentic and relaxing tourist experience.The future project allows for the implementation of various profitability strategies for the end customer, which could be an attractive opportunity for investors with know-how in the tourism and hospitality sector.For more information and details about this investment opportunity, don't hesitate to get in touch.