Description
Excellent investment opportunity in a property consisting of multiple plots with a total area of 2,281 m², located in Pilrao, Lombo do Atouguia, in the parish and municipality of Calheta, Madeira.
The property includes:
An urban building (two-storey house with tile roof, 30 m² built area)
Three rustic plots (currently cultivated with banana trees) with excellent east-west sun exposure
Direct access by car via a public road
Situated in a low-altitude area with open views over the ocean and the town of Calheta, this property is near schools, health services, local shops, post office, petrol stations, banks and more. It is located in a high-end residential area with solid urban infrastructure.
Construction potential (as per the Municipal Master Plan - PDM):
Ideal for rural tourism or residential development
Possibility to build up to 4 semi-detached houses of 200 m² or 4 detached houses of 400 m² each
A fantastic opportunity for investors looking to develop a tourism or housing project in one of Madeira's most attractive coastal regions.
