Land for sale in Machico, Portugal — €1,450,000

About this land

Original listing description, in Portuguese.

Sale of half of the rights to this land. Land with great potential for construction, located in a quiet area, with good road access, unobstructed views and excellent sun exposure. Located in an area of "Urbanizable spaces for expansion and low-density filling" according to the PDM of Machico, it has the following indexes: Maximum construction index 0.50; Maximum percentage of area covered 30 %; Maximum waterproofed area 40 %. Ideal for: Real Estate Investment, Housing Cooperative, Housing at controlled costs Tourist apartments. Come and see this opportunity. We are available for more information or to schedule a visit.