€600,000

Excellent Investment and Real Estate Development Opportunity in Funchal Live & Colors Properties is pleased to present this strategic land with a total area of 1,878 m², located in a consolidated and highly sought-after residential area in the parish of Santo António, municipality of Funchal. The great competitive advantage of this asset is the fact that it has an Approved Project for the construction of a residential building consisting of 15 T2 apartments. In a dynamic real estate market such as that of Madeira Island, where time is a crucial factor for profitability, this turnkey project represents a strategic shortcut for builders and developers. By acquiring this land for 600,000, it avoids the usual long months of waiting for municipal licensing, allowing the immediate start of the work and the commercialization in plan with zero risk of approval. Profitability and Location Highlights:Excellent Cost Per Fraction Ratio: The cost of passing on the land for each apartment to be built is only 40,000, a highly competitive value for the current reality of Funchal, ensuring a comfortable profit margin for the investor. High Market Liquidity: The T2 typology is, statistically, the most sought after real estate product by local families and young couples in Madeira, which ensures a quick and safe flow of fractions. Accessibility and Services: Located in a quiet area, but with easy and quick access to the highway and the center of Funchal. Close to schools, public transport, supermarkets, health centers and various shops. Technical Characteristics of the Property: Total Land Area: 1,878 m² Construction Feasibility: Yes (Architectural Design Approved) Purpose: Construction of Residential Building (15 T2 units) Location: Santo António, Funchal (Madeira) Energy Certification: Exempt (Land) This is the ideal investment for those looking to put capital into a safe, structured real estate project with optimized returns. To consult the complete technical dossier, including architectural plans, specialties and descriptive memory, please contact us. Come and see the next success of your construction portfolio. Don't just buy land. Buy a structured, secure and ready-to-invoice business. DON'T MISS THIS OPPORTUNITY BOOK TODAY! Color Your Dream! The information provided, although accurate, is merely informative, so it cannot be considered binding, and may be subject to change. Photo generated by Terrain AI.