Description

Located in Santa Luzia, in a strategic position just off the Via Rápida expressway, on the exit leading down towards Campo da Barca, this property offers a rare combination of features: a four-bedroom house (T4), a generous plot of approximately 2,000 m², stunning views over Funchal and excellent accessibility.
The location provides easy access to Funchal city centre, essential services, shops and other key areas of the city, while benefiting from close proximity to the main road network.
A Plot with Exceptional Development PotentialWith a total land area of approximately 2,000 m², this property offers significant potential for those looking to develop a real estate project with a long-term vision.
Subject to planning regulations, zoning requirements and the relevant approvals, the site could offer scope for a variety of development options, including:
Apartment buildings;

Semi-detached houses;

Residential developments for sale or rental;

Commercial premises, restaurants or other business uses;

Mixed-use developments combining residential and commercial spaces.

For builders, investors and property developers, this represents an opportunity to explore a distinctive development project in an established urban area, with convenient access and views over one of Portugal’s most attractive cities.
Funchal, the capital of Madeira, is renowned for its natural beauty, mild climate, high quality of life, excellent amenities, shopping, dining and strong tourism appeal. With its attractive lifestyle and demand for residential and commercial property, Funchal offers an appealing setting in which to explore well-located real estate investment opportunities.
An Alternative for Those Who Prefer to Enjoy the Property as It IsFor buyers who do not wish to pursue a development project, the existing house offers an equally appealing opportunity to enjoy a property with traditional Madeiran character and charm.
Imagine making the most of the spacious gardens, growing your own fruit and vegetables, adding a swimming pool and enjoying outdoor gatherings around the barbecue area.
All of this can be enjoyed in a private setting, with generous outdoor space and views across Funchal — an ideal opportunity to create a welcoming family home in the heart of the city.
Important note: Any construction, extension, alteration or property development project is subject to the submission of the relevant plans and applications to Funchal City Council and approval by the competent authorities, in accordance with the applicable planning regulations and legislation.