- Size: 1 m²
- Price: €1,500,000
A unique investment opportunity is presented: Land consisting of 3 articles, 2 Rural lots and 1 Urban lot with a total area of 2064 m² (22,217 sq ft), located on the seafront, with an open and completely unobstructed view over the ocean, in the parish of São Gonçalo, Funchal. The property is classified in the PDM (Municipal Master Plan) under Article 42 – Medium Density Areas, allowing for the construction of multi-family residential buildings, terraced or detached houses, as well as the installation of equipment and services compatible with the urban setting. This classification guarantees balanced building conditions, combining investment potential with quality of life. The land also features an existing construction, offering the possibility of recovery or integration into a differentiated architectural project. 3 articles = 2 articles are green areas. Construction is only permitted on one article. Total land of 2,064 m² (22,217 sq ft) (720 m² [7,750 sq ft], 623 m² [6,706 sq ft], and 721 m² [7,761 sq ft]). Main features: Location of excellence, in front of the sea. Panoramic and permanent view over the ocean. Inserted in a medium-density urban area, with good construction condit