Plot with ruin in Fajã da Ovelha, Calheta, with an area of 1200m2.
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Plot with ruin in Fajã da Ovelha, Calheta, with an area of 1200m2.

€ 240,000 £ 206,324 $ 282,614

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Key information

Reference: PP174340

Land

Calheta, Madeira

Ownership Status: Private

Built in: n/a

1,200m2 Plot size

€ 200 £ 171 $ 235 / m2 plot

This piece of paradise has been gaining attention due to its serene location, easy accessibility and proximity to the stunning beaches on the south coast of Madeira Island. Enjoy captivating sea views, providing unique opportunities to contemplate magnificent sunsets.

With such a generous plot size, a range of possibilities opens up, including the restoration of the existing ruin. There is significant potential for the development of two dispersed residences, thus creating a private residential environment. Also, explore the option of building a single luxury villa, offering an exclusive lifestyle and additional amenities. For visionary entrepreneurs, there is also the possibility of developing an investment in tourist accommodation, taking advantage of the growing housing demand in the region.

This property is a real magnet for investors looking for real estate opportunities on Madeira Island. The region is renowned for its mild climate throughout the year and stunning landscapes, attracting both tourists and potential buyers. Don't miss the chance to invest in this treasure, where the potential return is as vast as the views this land offers.

Features

  • Character property
  • Features great views
  • Sea view
  • Morning sun
  • Evening sun
  • Near bars / restaurants
  • Near school(s)
  • Near the beach

Key information

Reference: PP174340

Land

Calheta, Madeira

Ownership Status: Private

Built in: n/a

1,200m2 Plot size

€ 200 £ 171 $ 235 / m2 plot

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Calheta, Madeira

 Calheta, Madeira

Magical Madeira, a haven of natural beauty right in the middle of the Atlantic. With a year round warm climate, some of the lowest crime figures anywhere in the world, Madeira is worth serious consideration for anyone wanting to invest in property. 

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Larisa Marin

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