€199,500

Excellent investment opportunity in Calheta, in a privileged location, close to the centre and the well-known sandy beach.
With a total area of 1,033 m², this land benefits from the proximity to commerce, services, restaurants, marina and main road accesses, bringing together very interesting conditions for the development of a real estate project.

Main features:
-> Total land area: 1,033 m²;
-> Location close to the centre of Calheta;
-> A few minutes from Calheta Beach;
-> Good road access;
-> Proximity to shops, supermarkets, restaurants, services and cultural facilities;
-> Consolidated area with high residential and tourist demand;
-> Excellent opportunity for investment;

According to the information provided, the land is located in:

-> Urbanized urban land;
-> Residential Space - Density 2, ER (D2)
-> Maximum land use index: 0.9
-> Maximum indicative construction area: approximately 929.70 m²;
-> Maximum soil waterproofing index: 60%;
-> Maximum indicative waterproofing area: approximately 619.80 m²;
-> Maximum total height of the building: 16 meters;
-> Maximum height of the building: 14 meters;
-> Maximum height of the façade: 11.5 meters;
-> Minimum lateral clearances: 3 meters for single-family housing; in the remaining buildings, half the height of the adjacent wall or façade, with a minimum of 3 meters;
-> Back clearance: 3 meters for single-family housing; in the remaining buildings, half the height of the adjacent façade, with a minimum of 6 meters;
-> Minimum distance from the axis of the track: 6 meters, or in accordance with the adjacent buildings and the dominant surroundings;
-> High construction potential;

Due to its dimensions, location and urban parameters, this land has enormous potential for the development of a flat building, possibly spread over about four floors, depending on the location, topography, architectural configuration and authorisations from the competent authorities.

An especially interesting opportunity for the creation of apartments for permanent residence, second home or tourist exploration, in one of the most sought-after areas of the southwest coast of Madeira.

For more information contact us.
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