£1,438,594

5 bed detached house for sale

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£1,438,594

€1,700,000 (€1,215/sq. ft)

5 bed detached house for sale

Funchal, São Gonçalo, Funchal

5 beds
3 baths
1,399 sq. ft

Local area information

Property location

Nearby amenities

Features and description

Discover a truly unique opportunity in Funchal: A large plot of land measuring 4,230 m2, comprising four articles (two rustic and two urban), located in the Lazareto area of ?São Gonçalo. This property falls into the “medium density” category of the local pdm, offering a gross construction index of 0.8 and a net index of 0.6 — a perfect scenario for investors looking to develop a large-scale project or for those dreaming of building a luxury home with stunning views.
Just 5 to 7 minutes from the centre of Funchal, the location combines convenience and tranquillity that are rare. The elevation of almost 100 metres above sea level provides a direct and panoramic view of Funchal Bay, which becomes even more impressive at the higher part of the plot. The existing house, built in 1988, has a robust structure and could serve as the basis for a major renovation; however, it is the construction potential that gives it an exceptional value.
Key features that make this property unique:
Huge construction potential: The “medium density” pdm allows for the development of diverse projects, whether for several apartments, townhouses or a single dream home.
Private location: Just a few minutes from the city centre, with access to public transport, you will be close to everything without giving up a peaceful environment.
Stunning views: An exclusive panoramic view over the sea and the bay of Funchal, in a peaceful and private environment, especially at the highest part of the plot.
Project flexibility: Whether you are looking for a profitable investment or want to build a luxury home in an idyllic setting, this plot allows for different approaches with a high return.
Why act now?
Scarcity: Spaces of this size, view and construction rate are increasingly rare in the region, even more so in Funchal.
Tranquility and exclusivity: The opportunity to have a property with uninterrupted views and a private environment, just a few minutes from the city, is extremely limited.
Trust: Funchal’s pdm and the robustness of the existing structure reinforce the reliability of the investment.
Whether you are developing a prestigious development or building your dream home, this land offers the perfect foundation for success.
Book your visit now and let yourself be won over by the tranquility, the unparalleled views and the potential that this unique place has to offer. Don’t miss out on this investment and lifestyle opportunity, because the best of Funchal awaits you!

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Property descriptions and related information displayed on this page are marketing materials provided by - Grupo Remax Elite. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Grupo Remax Elite for full details and further information.

  1. Zoopla
  2. Overseas
  3. Portugal
  4. Madeira Islands
  5. Madeira
  6. Funchal
  7. Funchal (Sé)