Land for sale in Machico, Portugal — €1,600,000

About this land

Original listing description, in Portuguese.

Land with Sea View for Sale in Rochinha - Caniçal / 5,700sqm Excellent investment opportunity in one of the most authentic and privileged areas of Madeira. This magnificent 5,700sqm plot of land, located in Rochinha, Caniçal, offers breathtaking panoramic views over the Atlantic Ocean and the Desertas Islands, in a unique, tranquil natural environment with great potential for appreciation. With a building index of 0.3, the land presents excellent conditions for the development of a tourism or real estate project, such as tourist bungalows, villas, local accommodation or a panoramic restaurant, taking advantage of the surrounding landscape and Land with Sea View for Sale in Rochinha - Caniçal / 5,700sqm Excellent investment opportunity in one of the most authentic and privileged areas of Madeira. This magnificent 5,700sqm plot of land, located in Rochinha, Caniçal, offers breathtaking panoramic views over the Atlantic Ocean and the Desertas Islands, in a unique, tranquil natural environment with great potential for appreciation. With a building index of 0.3, the land presents excellent conditions for the development of a tourism or real estate project, such as tourist bungalows, villas, local accommodation or a panoramic restaurant, taking advantage of the surrounding landscape and proximity to the sea. The property is strategically located, close to the prestigious Quinta do Lorde resort, the marina and the well-known tourist spot Baía d’Abra, one of the most impressive locations on the east coast of Madeira. In addition to the natural beauty of the area, the land benefits from good access and proximity to key points on the island. Prime Location: Approximately 15 minutes from Madeira International Airport About 30 minutes from the center of Funchal Key Features: Total Area: 5,700sqm Building Index: 0.3 Panoramic views of the sea and Desertas Islands Quiet area with strong tourism potential Close to the marina and Quinta do Lorde resort Excellent investment opportunity A rare opportunity to develop a unique project in one of Madeira’s most impressive landscapes. (ref PD-052550)