Plot with Ruin, Imaculado Coração de Maria, Ilha da Madeira 550.000 € Imaculado Coração de Maria, Ilha da Madeira This 1,600 m² plot of land is located in the parish of Imaculado Coração de Maria, just 5 minutes from Funchal Bay, in a central and easily accessible area. The lot has a maximum gross construction index of 0.6, allowing for construction of up to 960 m² of gross building area. It offers great versatility in terms of project design, with the possibility of building semi-detached, detached, or semi-detached houses, adapting to different needs and housing concepts. An excellent investment opportunity in one of the most sought-after residential areas close to downtown Funchal. ERA Funchal Forum