€495,000

A unique opportunity to develop a contemporary residence in a privileged setting on the south coast of Madeira, where the breadth of the landscape and the permanent presence of the Atlantic Ocean define the character of the property. Inserted in a low-lying area and benefiting from a panoramic view of approximately 180º over the sea, this land is distinguished by its excellent exposure and the potential to create a private property designed to make the most of the surroundings. The property is marketed with an approved project for the construction of a contemporary villa, allowing the future owner to move on to a new stage of the project without starting from a blank sheet. The proposed architecture privileges the relationship between interior and exterior spaces, with large glazed surfaces, social areas open to the landscape and outdoor spaces designed to enjoy Madeira's mild climate throughout the year. The view over the Atlantic is a central element of the project, accompanying the main areas of the future residence and providing a permanent feeling of openness, luminosity and privacy. Currently, the land includes an old construction, and the true value of this property is found in the combination of location, size of the plot, landscape setting and the existence of an approved project. A particularly interesting proposal for those looking to build a contemporary residence in Madeira, whether as a permanent home, second residence or investment, in a location where the sea and the landscape are an integral part of the architecture. Energy Rating: E #ref:3306 - 3306 - Caetano Real Estate