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1 575 000 €
Land in Santa Luzia, FunchalFunchal, Ilha da Madeira
Land in Santa Luzia with 2 317 m²
2 317 m²
Energy efficiency
A rare opportunity in the heart of Funchal. Situated in one of the city's most desirable locations, this exceptional development site enjoys an elevated position with breathtaking panoramic views over the Atlantic Ocean, Funchal Bay and the harbour, offering a unique combination of privacy, exclusivity and proximity to the city centre. The property is offered with an approved project for the construction of four contemporary luxury villas, designed to meet the growing demand for premium residential properties in Madeira. The project includes: • 4 exclusive luxury villas with generous indoor and outdoor living areas; • Private swimming pools and landscaped gardens; • Private garages; • Contemporary architecture designed to maximise sea views; • Strong potential for capital appreciation and investment returns. The location provides quick access to Funchal city centre, the marina, shopping areas, restaurants, schools, services and major transport links, while maintaining a peaceful and private residential environment. With favourable urban planning approval already secured, this property significantly reduces development timelines and represents an outstanding opportunity for developers, international investors and family offices seeking a distinctive asset in one of Europe's most dynamic real estate markets. Highlights: ✓ Approved project for 4 luxury villas ✓ Panoramic ocean, bay and harbour views ✓ Prime central location ✓ Excellent sun exposure ✓ Strong appreciation potential ✓ Thriving luxury real estate market A unique opportunity to develop a landmark residential project in one of Madeira's most sought-after locations.