€360,000

Land for sale Funchal
Property photo number 1 of 16 Photos for Property. File 101309481_2345_7b2e3a95ca911b991c813acaee19a670.jpeg

Overview

SUMMARY: Discover an opportunity with this Funchal land for sale and available for €360,000. This could be your next ideal home or a smart investment. More details await.

An excellent Opportunity This plot with 800 square meters comes with a fully approved, ready to execute project for two semi-detached three-bedroom villas. This high-end residential area was designated by the town hall for twin housing projects, and the area

comes with green zones and public parking spaces, maintained by the council. Only a few plots remain, and this one has the massive advantage of having the project approval already taken care of. It also faces Southwest with lovely views from the mountains to the sea. This lower area of the São Roque parish benefits from a warm climate and plenty of sun exposure. And while it´s very peaceful, a wide range of amenities are very close by. Access to Funchal city centre is quick and easy and the airport is only half an hour away. Houses in this area are in continuous demand and the neighbourhood has both national and international residents. Villas here are also great for investors looking to host holiday rental businesses and periodically spend holidays themselves in Madeira. Project Details Each villa will be 360 sqaure meters, with parking and storage areas beneath a two-story semi-detached house. The first floor will consist of the living / dining room, kitchen, social bathroom, office and laundry room. The upper level will contain the three bedrooms and two bathrooms. One of the bedrooms being the master suite with private bathroom, and the other two double bedrooms sharing the other complete bathroom. Project Advantages Two ready to construct well designed V3 villas with great layouts and optimal functionality. Private parking and ample plot space for landscaping, swimming pools, al-fresco dining and barbeque areas. Great long-term prime real estate, catering to long or short rental business, good re-sale value and excellent convenience & comfort for living and holiday stays. Strategic location with the best of both worlds. Very detailed documentation, including cost to implement project. In Summation This plot with dual-house project offers the opportunity to skip the long frustrating chain of events that lead to owning a prime plot and having a ready-to-build project fully approved. And while the only option here is to complete two semi-detached houses, the quality of materials & construction and everything else leading up to the completed villas, is open to personal preference. Already taken care of, is the selection of a great location and submission of an excellent project from experienced professionals. All that is left for the new owner is to complete the project and personalise the finishing's to suit their desired outcome. This property is ideal for investors who have their own construction team, as well as buyers that will be recruiting the services of others. It´s a great fit for buyers who plan to sell one or both villas after completion. And it's a solid investment for rental incomes also. At Winvicta Real Estate, we provide support every step of the way where required and our services remain available to all our clients for both property re-sale and holiday rental management. To book a call or meeting to go over all the documents, do a live market comparison, and receive professional consultation to suit your needs, contact out team today to get started. Energy Rating: In progress #ref:SÒL 160 - SÒL 160 - Winvicta Real Estate, Unipessoal Lda

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Details

  • Beds: 0
  • Baths: 0
  • Price: €360,000
  • Reference No.: 170723571

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  • Winvicta Real Estate, Unipessoal Lda
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