Land 1.75 construction index - Santa Cruz, Center, Madeira
110 000 €
Exclusive Opportunity: Land 10 Minutes' Walk from Santa Cruz Center - Ideal for Investors and Builders
Imagine the investment potential 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 presents a host of exciting opportunities:
Location: Just a 10-minute walk from the center of Santa Cruz, this land is strategically positioned to attract tenants who seek the convenience of being close to all amenities without the need for a car.
Promising Area: Classified as 'Mixed Medium-Density Space' by Santa Cruz's Municipal Master Plan, this land allows for a range of exciting possibilities:
A generous building index of 1.75.
The potential to construct up to 4 floors, adhering to the maximum height of 13 meters.
The opportunity to optimize the space with up to 6 apartments (2 per floor) on the upper 3 floors, along with a basement 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 in constant growth, and building apartments is a solid investment strategy for long-term profits.
Flexibility: Additionally, the municipal master plan regulations 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: 110 000 €
- Gross area: 670m2
- Plot Area: 670m2
- Reference: C0456-00209
- Transportation Facilities (300m)
- Supermarket (1km)
- Sea (1km)
- Airport (1.5km)