Other for sale in Santo Antonio, Portugal

• 1878 m² of land (20215 sqFt)
• N/C
• No overlooking neighbours

This plot of land of 1,878m², located in a privileged location near the Church of Santo António in Funchal, offers an excellent investment opportunity! It has an approved project for the construction of 15 2-bedroom apartments with architectural design and all specialties already completed. Here, you only need to obtain your construction license and you will be ready to embark on your next profitable investment. Located in an area with high demand and low supply, this plot of land is situated in a peaceful area with the possibility of including a pool in its private condominium, offering future residents comfort and exclusivity. The unobstructed view is one of the main attractions of this property, ensuring brightness and tranquility throughout the day. Furthermore, the area is surrounded by essential amenities such as pharmacies, banks, bakeries, health center, cafes, shops, and access to the highway, providing an excellent quality of life. If you are looking for a secure investment with high potential for appreciation, this is your opportunity. There is also a possibility of exchange - Do not miss out on this opportunity! In terms of the price of this property, at $600,000 it is a competitive offer considering the location, the approved project, and the potential for future appreciation. Investors looking for a lucrative opportunity in a sought-after area should seriously consider this property.