Mixed Use Building With 2,970m²

A mixed-use property spanning 2,970sqm in Santa Cruz, in a prime location just a few minutes from Madeira International Airport - Cristiano Ronaldo. The property includes a 82sqm residential home, land with several fruit trees, and, above all, excellent development potential. The plot’s building coverage ratio of 0.5 allows for up to 1,485sqm of construction, which can be developed over two stories. Given its characteristics and size, there is also the possibility of subdividing the property into approximately 10 single-family homes, subject to feasibility and approval. Santa Cruz is an increasingly sought-after area, combining quality of life with proximity to the airport, beaches, shops, restaurants, and all major services. A property with space, location, and potential-ideal for those seeking an investment with appreciation and development potential. An opportunity well worth a visit. (ref PD-063566)