This 823 m² plot is located in the peaceful parish of Canhas, within the municipality of Ponta do Sol, one of Madeira’s sunniest and most sought-after coastal regions. Surrounded by charming residences and cultivated gardens, the property enjoys excellent sun exposure and unobstructed ocean views—ideal for those seeking tranquility, privacy, and a premium lifestyle. Option 1 — Development of 6 Premium Apartments The property offers the possibility to develop six high‑end residential units, designed for the upper‑middle and luxury market segment. This configuration is ideal for investors seeking stable long‑term rental income or premium short‑stay operations. Key Highlights: • Possibility to create 6 modern, independent units with private outdoor areas • Strong demand for premium apartments in Madeira, especially in scenic locations • Attractive for long‑term rentals, holiday rentals, or mixed‑use strategies • High liquidity on resale due to the limited supply of quality new-build units • Flexible architectural layout to maximise views, privacy and natural light Option 2 — Luxury Villa The plot comes with an approved architectural project for a luxury villa, offering 459.9 m² of construction area. The design prioritizes comfort, elegance, and seamless integration with the natural surroundings. For clients interested in a turnkey solution, we offer a fixed-price construction budget and a trusted builder, with a defined timeline for delivery, ensuring a smooth and transparent process from start to finish. Location Highlights Just minutes from Ponta do Sol’s center and beach area Easy road access and proximity to essential services Quiet residential setting with panoramic sea views Exceptional natural light and year-round sunshine