Development Opportunity In A Sunny Area In Funchal
Updated: July 14
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About the Property
This 46.000 m2 property offers stunning panoramic views towards Funchal Bay and the Atlantic Ocean.
Located in a very tranquil and sunny area, 2 minutes from the motorway, & 10 minutes from the centre of Funchal, the property is suitable for a small tourism project, an hotel or for low-rise apartment buildings. It has a maximum ground occupation index of 0.25%, which represents 11.500
This 46.000 m2 property offers stunning panoramic views towards Funchal Bay and the Atlantic Ocean.
Located in a very tranquil and sunny area, 2 minutes from the motorway, & 10 minutes from the centre of Funchal, the property is suitable for a small tourism project, an hotel or for low-rise apartment buildings. It has a maximum ground occupation index of 0.25%, which represents 11.500 m2.
It is also possible to divide the 46.000 m2 into individual plots (of at least 1.500m2 each) for the construction of independant family villas.