The land with 7,077 m2 located in Massapez, Fajã da Ovelha, in the municipality of Calheta, is an interesting property due to its quiet location, easy access and proximity to the beaches of the south coast of Madeira Island. In addition, it offers a definitive view of the sea, allowing you to enjoy magnificent sunsets.
With this size of land, there is potential to develop several scattered dwellings, creating a private residential environment. Alternatively, it is also possible to explore the possibility of building a luxury farmhouse, offering an exclusive lifestyle and additional amenities. Another option would be to develop a hotel investment, taking advantage of the region’s tourist demand.
This property is especially attractive for investors seeking real estate investment opportunities on Madeira Island. The region is known for its year-round mild climate and stunning landscapes, attracting tourists and potential property buyers.
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.
The region is noted for its Madeira wine, gastronomy, historical and cultural value, flora and fauna, landscapes (laurel forest) that are classified as a UNESCO World Heritage Site, and embroidery artisans. The main harbour in Funchal has long been the leading Portuguese port in cruise liner dockings, receiving more than half a million tourists through its main port in 2017, being an important stopover for commercial and trans-Atlantic passenger cruises between Europe, the Caribbean and North Africa. In addition, the International Business Centre of Madeira, also known as the Madeira Free Trade Zone, was created formally in the 1980s as a tool of regional economic policy. It consists of a set of incentives, mainly tax-related, granted with the objective of attracting foreign direct investment based on international services into Madeira.