Land with project for 5 Villas
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Land with project for 5 Villas

€ 600,000 £ 497,884 $ 625,889

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Key information

Reference: PP173777

Land

Calheta, Madeira

Ownership Status: Private

Built in: n/a

5,277m2 Plot size

€ 114 £ 94 $ 118 / m2 plot

Interesting investment opportunity, given its unique characteristics and privileged location. The land has a large area of 5277m2 and is situated on a dead-end road, providing tranquility and privacy to residents. In addition, its location in Prazeres offers stunning sea views, making it ideal for enjoying beautiful sunsets.

The project accompanies the possibility of building 5 villas of modern architectural style, each with 3 bedrooms, one en suite. The floor plan has been designed to provide a spacious and fluid environment, with a living room integrated with the kitchen in an open concept, creating harmonious and pleasant spaces for future residents. In addition, a laundry room has been provided to offer practicality to residents. For the convenience of residents and visitors, a social bathroom will be provided.

The development also values leisure and relaxation, as it features a swimming pool, making it an additional attraction for potential buyers or tenants. The presence of an extensive garden area contributes to the aesthetic beauty of the site, creating a pleasant and peaceful environment for residents to enjoy.

A relevant feature of this investment is the high demand for modern housing in the region. Prazeres is experiencing significant growth in the construction sector, which further increases the potential for appreciation and the attractiveness of the properties. This trend in the real estate market makes the development an even more promising opportunity for investors looking for an attractive property with future growth prospects.

In summary, this plot with a project for 5 modern villas is an excellent investment opportunity for those who wish to acquire a unique property, in a growing area, with great appreciation potential and high demand in the real estate market.

Features

  • Features great views
  • Sea view
  • Morning sun
  • Evening sun
  • Near bars / restaurants
  • Near shops

Key information

Reference: PP173777

Land

Calheta, Madeira

Ownership Status: Private

Built in: n/a

5,277m2 Plot size

€ 114 £ 94 $ 118 / m2 plot

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Calheta, Madeira

 Calheta, Madeira

Magical Madeira, a haven of natural beauty right in the middle of the Atlantic. With a year round warm climate, some of the lowest crime figures anywhere in the world, Madeira is worth serious consideration for anyone wanting to invest in property. 

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Tony Berkery

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