Land located in Funchal – viability of construction

  • 1.500.000€
Rua da Pena, Santa Luzia, Funchal, Madeira, 9050-078, Portugal
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  • Land for construction
  • Property Type
For Sale
Rua da Pena, Santa Luzia, Funchal, Madeira, 9050-078, Portugal
  • 1.500.000€

Overview

Property ID: HZ1212-6911
  • Land for construction
  • Property Type

Description

Land in the pena area with 2317m2.
For apartment construction or allotment.

Construction area = 1600m2
Construction volume (implantation base / roof area) = 1160m2

Possibility of building a 3-storey apartment block in an amphitheatre.
The 1600m2/90m2 indicates that around 18 apartments can be built.

This plot could also be developed into a luxury villa. It is 5 minutes from Funchal and has fantastic views over Funchal Bay.

An investment opportunity you don’t want to miss!

 

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  • County Funchal
  • State/county Madeira Island
  • Parish Santa Luzia
  • Country Portugal

Details

Updated on April 9, 2024 at 3:37 pm
  • Property ID: HZ1212-6911
  • Price: 1.500.000€
  • Land Area: 2317
  • Property Type: Land for construction
  • Property Status: For Sale

Contact Information

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Luís Faria

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