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NEW HOME

Madeira, Funchal, Portugal

£2,781,885
€3,305,000
IAD, Porto
PROPERTY TYPE

Land

SIZE

56,231 sq ft

5,224 sq m

Description

Urban land in a prime area of Funchal, very close to the center of Funchal.

Set of 4 urban plots (consisting of 4 urban matrices with the following areas: 4224m2; 400m2; 400m2 and 400m2) with PIP approved for the construction of a Collective Housing building with 5 floors and 2 single-family houses.
The collective housing building has 1 basement floor for storage; 1 basement floor for parking; 3 floors for T1, T2 and T3 apartments.
Total area of land set: 5424m2
Area subject to the application of the Net Usage Index (IUL.),
(under the terms of b) of nº 2 of arr° 42° and nº 2 of arr° 17°) 4936m2
Area subject to the application of the IUL,
(under the terms of a) of n° 2 of arr®° 42° and n° S of arr® 17°) 488m2
Total possible construction area: 5322m2.
Excellent investment opportunity!
Contact and schedule your visit!
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Painéis laterais
#ref: 82382

Madeira, Funchal, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Funchal(International)
    8.5 miles
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About the agent

IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

IAD, Porto

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate cons

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Notes

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This is a property advertisement provided and maintained by IAD, Porto (reference 82382) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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