Description
Unique Investment Opportunity on Madeira Island - Property Group in Arco da Calheta
We present a rare opportunity to acquire a property group located in the Massapes-Quebradas area, in the parish of Arco da Calheta, municipality of Calheta, Madeira Island.
This group includes several units, with a total area of 6,902.6 m², distributed among mixed-use and urban buildings, with different land registrations and layouts, but with potential for integration into a single urban development and redevelopment project.
It is important to note that there are already five houses built on the site, which reinforces the immediate viability of occupancy or operation. Additionally, the current Municipal Master Plan (PDM) allows for the construction of apartments, making this an excellent opportunity for both housing and real estate investment.
Main Features:
Total Area: 6,902.6 m²
Type: Mixed/Residential
Total Number of Registered Rooms: 9
Good Accessibility and Consolidated Urban Integration
Location: Massapes - Quebradas, Arco da Calheta
Medium-Density Housing Surroundings with Excellent Sun Exposure
With several property registrations and registrations in various land registries, this complex is ideal for private housing, local accommodation, rural tourism, or the development of a small housing development, given the favorable urban planning conditions and the size of the available land.
Total sale price: €1,600,000 (One Million Six Hundred Thousand Euros)
If you are looking for a real estate asset with high appreciation potential in the municipality of Calheta, this is an unmissable opportunity.
Contact us for more information, plans, documentation, or to schedule a visit.
