Land in a Privileged Area for Sale! Imagine living in a place where the sun shines all day long and the view is simply breathtaking

Funchal, Ilha da Madeira, Portugal

For Sale

€1,200,000

REF: 850589 €1,200,000



5170 m2

5170 m2

Description

Land in a Privileged Area for Sale! Imagine living in a place where the sun shines all day long and the view is simply breathtaking. This land, located in one of the most desirable areas of the region, offers all of that and more. With a definitive view that will never be obstructed, this is the perfect place to build the home of your dreams.

Although there is currently no car access, there is a strong possibility of a road being built in the future, which will further increase the potential and accessibility of the land. For those who wish to build, the land allows the construction of detached or semi-detached buildings, with single-family or two-family typology, respecting the setbacks stipulated by the Municipal Master Plan (PDM).

These rules ensure that all constructions in the area are harmonious and well integrated into the landscape. If you need more information about the PDM specifications and other issues related to land use, do not hesitate to get in touch. We will be happy to provide you with additional details and help you take the first step towards realizing your project.

Land Highlights: 1. Prime location with plenty of sunlight. 2. Definitive and stunning views. 3. Future potential for car access. 4. Permission to build single- or two-family buildings, detached or semi-detached. 5. Compliance with the PDM rules on distancing. The Lido area in Madeira is a true seaside retreat, perfect for those looking to relax or go on an adventure.

Located in Funchal, it stands out for its swimming pools and direct access to the Atlantic, ideal for a refreshing dip. Strolling along the Lido promenade is delightful, with lush gardens and stunning views. The area is full of seaside cafés and restaurants, where you can sample the local cuisine. The Lido beach complex offers saltwater pools, sun terraces and safe access to the sea, perfect for families.

At night, the nightlife is vibrant, with bars and cultural events, making it a lively meeting point. In short, Lido in Madeira combines natural beauty, leisure and fun, offering something for everyone. Come and discover this unique land and envision the future you can build here! ? #ref: 120817
Land in a Privileged Area for Sale! Imagine living in a place where the sun shines all day long and the view is simply breathtaking. This land, located in one of the most desirable areas of the region, offers all of that and more. With a definitive view that will never be obstructed, this is the perfect place to build the home of your dreams.

Although there is currently no car access, there is a strong possibility of a road being built in the future, which will further increase the potential and accessibility of the land. For those who wish to build, the land allows the construction of detached or semi-detached buildings, with single-family or two-family typology, respecting the setbacks stipulated by the Municipal Master Plan (PDM).

These rules ensure that all constructions in the area are harmonious and well integrated into the landscape. If you need more information about the PDM specifications and other issues related to land use, do not hesitate to get in touch. We will be happy to provide you with additional details and help you take the first step towards realizing your project.

Land Highlights: 1. Prime location with plenty of sunlight. 2. Definitive and stunning views. 3. Future potential for car access. 4. Permission to build single- or two-family buildings, detached or semi-detached. 5. Compliance with the PDM rules on distancing. The Lido area in Madeira is a true seaside retreat, perfect for those looking to relax or go on an adventure.

Located in Funchal, it stands out for its swimming pools and direct access to the Atlantic, ideal for a refreshing dip. Strolling along the Lido promenade is delightful, with lush gardens and stunning views. The area is full of seaside cafés and restaurants, where you can sample the local cuisine. The Lido beach complex offers saltwater pools, sun terraces and safe access to the sea, perfect for families.

At night, the nightlife is vibrant, with bars and cultural events, making it a lively meeting point. In short, Lido in Madeira combines natural beauty, leisure and fun, offering something for everyone. Come and discover this unique land and envision the future you can build here! ? #ref: 120817
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Property on Map

#120817

Currency Exchange

Funchal, Ilha da Madeira, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,200,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€1,200,000 £1,007,184 £1,035,072 £27,888
Property Price € €1,200,000
Minimum cost in the last six months £1,007,184
Maximum cost in the last six months £1,035,072
Fluctuating exchange rates over the last six months could have increased the cost of this property by £27,888

Funchal, Ilha da Madeira, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,200,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€1,200,000 £1,007,184 £1,035,072 £27,888
Property Price € €1,200,000
Minimum cost in the last six months £1,007,184
Maximum cost in the last six months £1,035,072
Fluctuating exchange rates over the last six months could have increased the cost of this property by £27,888

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £27,888 more.

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