Plot with Ruin, Funchal (Santa Maria Maior), Ilha da Madeira

Land with Ruins on the Seafront — A Unique Investment Opportunity. We present a 1,650 m² plot of land, located on the seafront, where the privileged views and natural setting offer a rare and highly valued scenario. Situated in a medium-density area, the property benefits from excellent urban planning indices, with a gross utilization index of 0.60, a net index of 0.80, and a covered area index of 0.50, allowing for construction viability and multiple development possibilities. The property incorporates an existing ruin, creating the ideal opportunity for a project that combines rehabilitation, contemporary architecture, and sustainability, enhancing the local identity and direct proximity to the ocean. This asset presents itself as a differentiating solution for both the construction of an exclusive single-family home, intended for permanent residence or a holiday home, and for the development of a tourism project, with the restoration of the ruin and the incorporation of sustainable accommodation units. Take advantage of this opportunity!