Description
Sea View Plot for Residential Development – Funchal, Matos Morenos Located between Lagos and Praia da Luz, in the sought-after area of Funchal – Matos Morenos, this plot represents a strategic opportunity for investors seeking to combine profitability, premium location, and appreciation potential. Plot with a total area of 5,185sqm and 246sqm of covered area. • Ruin integrated into a project with approved PIP for the construction of a luxury villa with swimming pool • Stunning sea views over the beaches of Luz, Porto de Mós, and Meia Praia The rustic area allows for the creation of a lush private garden, ideal for enhancing the property's added value and offering an exclusive experience. Its privileged location in one of the Algarve’s most desirable regions makes it ideal for developing a high-end residence, with strong appeal in the luxury and residential tourism market. This plot is perfect for those who wish to invest in an asset with high potential returns, whether for resale, luxury letting or bespoke development. (ON-123041081-2)
