Land for sale in Santa Cruz, Portugal — €265,000

About this land

Excellent investment opportunity in Garajau, in one of the most valued and sought-after residential areas of Caniço. This 1,450 m² urban plot is situated in the prestigious Quinta e Fonte do Mar area, benefiting from a prime location, good sun exposure, easy access, and a quiet, exclusive environment. With a defined construction index, it allows for a footprint area of 300 m² and a gross construction area of 300 m², in addition to 50 m² of dependent area, offering the ideal setting for the construction of a contemporary luxury villa with large outdoor spaces, gardens, and leisure areas. The location combines privacy and convenience, being just a few minutes from the center of Caniço, Funchal, beaches, bathing areas, restaurants, services, and quick access to the expressway. The land borders the road for the most part, ensuring excellent accessibility and future appreciation. A rare opportunity to build in a premium area of Madeira, where tranquility, proximity to the sea, and exclusivity come together in one place.