$1,736,760

Premium Development Land With Approved Project For 4 Luxury Villas | Funchal, Madeira

  • 24,940 Sqft lot
  • Updated: August 6
  • 8
    Views for last 30 days

About the Property

A rare opportunity in the heart of Funchal.

Situated in one of the city’s most desirable locations, this exceptional development site enjoys an elevated position with breathtaking panoramic views over the Atlantic Ocean, Funchal Bay and the harbour, offering a unique combination of privacy, exclusivity and proximity to the city centre.

The property is offered with an approved pro
A rare opportunity in the heart of Funchal.

Situated in one of the city’s most desirable locations, this exceptional development site enjoys an elevated position with breathtaking panoramic views over the Atlantic Ocean, Funchal Bay and the harbour, offering a unique combination of privacy, exclusivity and proximity to the city centre.

The property is offered with an approved project for the construction of four contemporary luxury villas, designed to meet the growing demand for premium residential properties in Madeira.

The project includes:
• 4 exclusive luxury villas with generous indoor and outdoor living areas;
• Private swimming pools and landscaped gardens;
• Private garages;
• Contemporary architecture designed to maximise sea views;
• Strong potential for capital appreciation and investment returns.

The location provides quick access to Funchal city centre, the marina, shopping areas, restaurants, schools, services and major transport links, while maintaining a peaceful and private residential environment.

With favourable urban planning approval already secured, this property significantly reduces development timelines and represents an outstanding opportunity for developers, international investors and family offices seeking a distinctive asset in one of Europe’s most dynamic real estate markets.

Highlights:
✓ Approved project for 4 luxury villas
✓ Panoramic ocean, bay and harbour views
✓ Prime central location
✓ Excellent sun exposure
✓ Strong appreciation potential
✓ Thriving luxury real estate market

A unique opportunity to develop a landmark residential project in one of Madeira’s most sought-after locations.
  • Property type

    Land

Features

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R. da Pena, 9050-067 Funchal, Santa Luzia, Madeira, Portugal View on Google Maps
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DC Real Estate
Portugal
View agency profile
12
Listings
2022
Joined
5
1 review

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DC Real Estate
Funchal, Portugal
View agency profile
Last updated
August 6
First listed
Aug 4
Agent licence
#13132
Listing reference
KWPT-034279
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