Price Drop

Land 1.75 construction index - Santa Cruz, Center, Madeira

92 000 €

670 m2

of area

Exclusive Opportunity: Land 10 Minutes Walk from Downtown Santa Cruz - Ideal for Investors and Builders

Imagine the investment potential that this land in Santa Cruz has to offer you, whether you're an investor or a builder. Here, your vision can become a reality, as this land offers a range of incredible opportunities.

Prime Location: Just a 10-minute walk from downtown Santa Cruz, this land is strategically positioned to attract tenants who desire the convenience of being close to all amenities without needing a car.

Promising Zone: Classified as 'Mixed Space of Medium Density' by the Municipal Master Plan of Santa Cruz, this land allows for a range of exciting possibilities, including a generous construction index of 1.75, the possibility of building up to 4 floors respecting a maximum height of 13 meters, and the opportunity to optimize the space with up to 6 apartments on the upper 3 floors, plus an underground floor ideal for parking or other creative uses that can maximize your return on investment.

Profit Potential: The real estate market in Santa Cruz is continuously growing, and building apartments is a solid investment strategy for long-term profits.

Flexibility: Additionally, the regulations of the municipal master plan allow for a maximum implementation of 0.5 and an impermeabilization factor of 0.6, offering flexibility for your dream project.

This is your chance to invest in land with unlimited potential. Contact us today to discuss how we can help you turn this vision into reality.

  • Price: 92 000 €
  • Gross area: 670m2
  • Plot Area: 670m2
  • Reference: C0456-00209
  • Transportation Facilities (300m)
  • Supermarket (1km)
  • Sea (1km)
  • Airport (1.5km)

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