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4 000 000 €
Land in Caniço, Santa CruzSanta Cruz, Ilha da Madeira
Land in Caniço with multimedia
9 080 m²
Energy efficiency
We present a unique investment opportunity in one of the most privileged locations on the south coast of Madeira. - Location: Reis Magos area, Caniço de Baixo – beachfront, just a few steps from the prestigious Praia dos Reis Magos beach. - Main features:. Total area: 9,080 m² . Seafront with panoramic, wide, and uninterrupted views of the Atlantic. Exceptional natural and scenic setting. Quick access to shops, services, and main roads - Development potential: Engineering studies have proven the feasibility of building 35 to 40 luxury apartments, all with guaranteed sea views. This is the ideal location for an exclusive residential project, aimed at discerning clients seeking quality, sophistication, and proximity to the ocean. A rare plot of land with high potential and unique characteristics, perfect for transforming into a real estate landmark in Madeira.