1 200 000 €

Land in Porto Santo, Porto Santo

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

Terreno 7600 m2 - Ilha do Porto Santo, Madeira

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 increasingly attracts visitors seeking tranquility and nature away from the tourist crowds of Tenerife or Algarve. The Land - Key Points Completely flat, rare on Atlantic islands, eliminates leveling costs and facilitates any type of construction. Close to the sea with privileged views of the golden beach. Excellent location near infrastructure (Madeira Cristiano Ronaldo Airport, Santo da Serra Golf Course, White sandy beach in Machico) With the PIP (Preliminary Information Request) approved for 5,320 m² of total gross construction area, the land’s potential becomes much more interesting and attractive to investors. What is Possible to Build? 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, swimming pool). In Porto Santo, with growing demand and limited supply, occupancy rates are solid. - Housing Complex / Tourist Village Allows construction of 30 to 50 units (apartments or houses) depending on the type - from T1 to T3 - with common areas, swimming pool, and gardens. Ideal for fractional sales or local accommodation exploitation. - 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 market trend in Europe. This information is merely illustrative of the land’s potential, and consultation with the relevant administrative authorities is necessary for the development and approval of any project. The urban indicators and conditions applicable to this rustic property are as follows: 1 - Maximum construction index: 0.70 2 - Maximum covered area percentage: 50% 3 - Maximum impermeable surface: 70% 4 - Non-impermeable surface equal or greater than 30% of the plot 5 - Maximum height: 7m (except in special cases justified by the activity’s nature) 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 street setbacks, the distance must be greater than or equal to 7m, including an adjacent public parking strip, except for the access strip provided, which cannot occupy more than 25% of the parcel’s frontage. 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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