Land for sale in Funchal, Portugal

About this land

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. Further details by request.Energy certificate - N/A