We present a unique opportunity for investors and property developers in one of the areas with the highest housing demand in Madeira. Located on Estrada de Santa Clara, in Câmara de Lobos, this property consists of an existing house for recovery and land with excellent construction potential, located in an urban area classified by the PDM as Housing Space 1. The property benefits from good access, excellent sun exposure and proximity to the center of Câmara de Lobos, schools, commerce, services and the main connecting routes to Funchal. MAIN ADVANTAGES: • Strategic location in one of the most sought after residential areas in Madeira; • Existing house with potential for recovery or integration into a new project; • Land with feasibility for multi-family housing development; • Consolidated area and served by infrastructure; • Excellent investment for real estate development or construction for income. DEVELOPMENT POTENTIAL There is a study/project for the construction of a housing building with an estimated capacity for approximately 20 to 25 apartments, representing an extremely attractive opportunity in a market where demand for housing continues to exceed supply. According to the urban parameters applicable to the area, the following stand out: • Maximum land use index: 2; • Maximum waterproofing index: 70%; • Maximum construction height of up to 17 meters for multi-family buildings; • Possibility of use for housing, services, commerce and tourist developments. This is a rare real estate asset, with high potential for appreciation and profitability, ideal for investors looking to develop a modern residential project in a privileged location in Câmara de Lobos. For more information, technical documentation, feasibility study or scheduling a visit, contact us.