Discover a unique opportunity to invest in the stunning Madeira Island!
Live the dream of developing in the privileged location of Santa Cruz!
There are two houses for renovation (two-bedroom and four-bedroom) and a building plot, located just a few steps from the village center, ready to turn your ideas into reality.
Why should you invest in this property?
**Great rental and resale potential**
**Land with unique potential**: 545 m² of land, ideal for residential or high-end real estate projects.
**Structure ready for reconstruction**: 70 m² (2-bedroom) and 92 m² (4-bedroom) houses to renovate and customize to your liking.
**Privileged location**: close to all amenities, shops, schools, and with easy access to the center of Santa Cruz.
**Excellent building conditions**: in accordance with the Municipal Master Plan (PDM), with possibilities for up to 4 floors and a height of 13 meters, maximizing the potential of your project.
Main features:
- Construction area T2: 70 m²
- Construction area T4: 92 m²
- Total land area: 545 m²
- Strategic location, close to the center of Santa Cruz
- Urban planning compatible with the Medium Density Residential Area (ERmd)
Construction conditions permitted by the PDM:
- Maximum Construction Index: 1.5
- Maximum Implantation Index: 0.5
- Maximum Waterproofing Index: 0.6
- Maximum number of floors: 4
- Maximum height: 13 meters
Negotiable price: **€446,000**
Guaranteed partnership! We work with all AMI-licensed agencies on a 50/50 commission basis, ensuring transparency and security for you.
Dont miss this chance to create a unique project in the most sought-after area of Santa Cruz! For more information or to schedule a visit, contact us now!
Invest in Madeira today and make your dreams come true!
#ref:KWPT-019252
- Rooms
- Total bedroom(s):6
- Bathroom (s):2
- Suite (s):2
- Extras
- Construction ended:1937-01-01
- Areas
- Net Area:150.00m2
- Gross Area:162.00m2
- Land Area:545.00m2
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