1 200 000 €

Land in Porto Santo, Porto Santo

Porto Santo, Ilha de Porto Santo
7 600 m²
Energy efficiency
Energy efficiency

Porto Santo, Madeira | Terreno 7600 m2

A truly rare investment opportunity on one of the most exclusive islands in the Atlantic. Location & Natural Highlight Porto Santo is famous for its 9 km golden beach, considered one of the most beautiful and therapeutic in Europe - the sand has unique mineral properties with a recognized beneficial effect on bones and joints. The island receives more and more visitors who escape the tourist masses of Tenerife or Algarve, seeking tranquility and nature. The Land - Key Points Completely flat, rare on Atlantic islands, eliminates grading costs and facilitates any type of construction. Near the sea with privileged views of the golden beach. Excellent location close to infrastructure (Madeira Cristiano Ronaldo Airport, Santo da Serra Golf Course, white sand beach in Machico) With PIP (Prior Information Request) approved for 5,320 m² of total gross construction area, the land's potential becomes much more attractive and appealing to investors. What Can Be Built? Here are some indicative scenarios: - Hotel / Resort With 5,320 m² of possible construction, it is possible to develop a medium-sized hotel with 60 to 80 rooms (considering common areas, restaurant, spa, pool). In Porto Santo, with growing demand and limited supply, occupancy rates are solid. - Housing Estate / Tourist Village Allows the construction of 30 to 50 units (apartments or houses) depending on the typology - from T1 to T3 - with common areas, pool, and gardens. Ideal for fractional sale or local accommodation operation. - Health & Wellness Resort Taking advantage of the therapeutic fame of Porto Santo's beach, a luxury retreat with spa, wellness clinic, and premium accommodation is a very strong trend in the European market. This information is merely illustrative of the land's potential, and consultation with the competent administrative authorities is necessary for the development and approval of any project. The applicable zoning indicators and restrictions for this rustic building are as follows: 1 - Maximum construction index: 0.70 2 - Maximum covered area percentage: 50% 3 - Maximum impermeabilized surface: 70% 4 - Non-impermeabilized surface equal to or greater than 30% of the lot 5 - Maximum height: 7m (except in special cases justified by the nature of the activity) 6 - Building setbacks: a) To lateral limits - half the height of the building and never less than 3m, in isolated buildings; b) To the back - half the height and never less than 5m, in isolated buildings; Regarding the street layout, the setback must be greater than or equal to 7m, including an adjacent public parking lane, except for the access lane, which cannot occupy more than 25% of the front of the parcel or lot. For more information, contact me.

Details

Construction Year- -
Gross Area m²7 600
ElevatorNo
Private Gross Area m²7 600
Living Area m²7 600
GarageNo
Total Lot Size m²7 600
Price m²157 €
Floor- -

Location

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Mortgage Simulator

office-exp-global-portugal
eXp Realty
Lisboa, Lisboa
AMI 18470
MV
Manuel Vasconcelos

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Origin Listing reference:id. 86818722
Publishing date:
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