Plot with Ruin, São Martinho, Ilha da Madeira

1.400.000 €

  • São Martinho, Ilha da Madeira
Plot with Ruin em São Martinho, Ilha da Madeira - foto 1
Land with 9,342 m² located in São Martinho, in a rapidly expanding area, standing out for its excellent sea and mountain views, as well as its great sun exposure. It benefits from a privileged location, close to shops, services, schools, beaches and quick access to the highway, providing convenience and quality of life on a daily basis. Located in a low-density area, the land has a gross utilization index of 0.30, allowing a construction capacity of up to 2,802 m². There is the possibility of building houses with up to 2 floors above the threshold level, with a facade up to 9 meters high. The land also has the potential for the construction of up to 10 houses, each with approximately 240 m² of gross construction area, making it an excellent opportunity for investment and housing development. Ideal for a residential project in one of the most sought-after and valued areas of the city.

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