Overview
- Not Available Garages
- 4,979 m2
- 4,979 m2
Description
Discover a rare gem in the heart of Madeira’s western region – a sprawling 4,979 square meter plot in Ponta do Pargo, poised on the cliff’s edge, offering breathtaking views. This exceptional land parcel, priced at €1.5 million (approximately €300 per square meter), represents not just a piece of land, but an unparalleled investment opportunity.
Prime Cliffside Land for sale in Madeira
New Golf Course and Hotel Developments to Boost Property Value
Adjacent to this magnificent property, a new golf course is currently under construction, set to open in 2025. Following closely will be the development of luxurious hotels, marking a significant milestone in the area’s development and forecasting a substantial increase in property value.
The land itself is a canvas for potential, fully buildable, backed by comprehensive topographical and geological surveys, ensuring a solid foundation for your vision. Whether you’re looking to develop a stunning private residence or explore the subdivision potential for multiple units, this land offers flexibility to cater to your investment strategy.
As the golf course nears completion and the hotels rise, this area is set to become a coveted destination, ensuring a significant appreciation in land value. This isn’t just land; it’s a forward-thinking investment in one of Madeira’s most promising locations.
Seize this opportunity to be part of Ponta do Pargo’s transformation – a visionary investment in a location that’s set to flourish. Contact us for more details and make a step towards owning a piece of Madeira’s future.
