€500,000

We present you with an excellent investment opportunity in the picturesque parish of Prazeres, in the municipality of Calheta. It is a plot of land with 10,000 m², already with an approved project for the construction of bungalows, inserted in one of the quietest and most sought after areas of Madeira Island. The land is located in a privileged location, surrounded by green nature and located next to Levada Nova, one of the most emblematic routes on the island, visited daily by residents and tourists looking for leisure, well-being and direct contact with the natural landscape of Madeira. In addition to the quiet surroundings, the property benefits from infrastructures already available - drinking water, electricity, telecommunications and road access - which represents a significant added value for the quick start of any tourist or investment project. Potential and Characteristics The balanced morphology and excellent location of this land allow the creation of a differentiating tourist project, fully integrated into the natural environment. The concept of bungalows is highly valued in the region, especially by visitors looking for authentic experiences, contact with nature and sustainable stays. With a size of 10,000 m², there is more than enough space to develop a reference development, capable of responding to the growing demand for quality alternative accommodation in the municipality of Calheta. The proximity to the mountains and the predominance of green areas make this investment even more appealing, ensuring a perfect balance between comfort, nature and profitability. Strategic Location The parish of Prazeres is recognised for its mild climate, the hospitality of the local community and the presence of typical restaurants and support services. In addition, Calheta is currently one of the municipalities with the highest tourist demand in Madeira, both for the beach and marina and for its proximity to areas of great natural beauty. Safe Investment This land is ideal for investors looking for a sustainable tourism project, already within the urban parameters and ready to move forward. The location, combined with the potential of the project, make this a real estate asset of great appreciation in the medium and long term. Don't miss this unique opportunity in Prazeres. Contact us for more information and schedule yours now Inhabit Real Estate Ami - 24924 Energy Rating: In progress #ref:TER_69 - TER_69 - Inhabit Real Estate