House T5 for sale in Funchal

São Gonçalo

1 700 000 €

Buy
id. 123511143-53

194 m²

5

4

D

Description

Discover a truly unique opportunity in Funchal: a large plot of land measuring 4,230 m², comprising four articles (two rustic and two urban), located in the Lazareto area of ​​São Gonçalo. This property falls into the “medium density” category of the local PDM, offering a gross construction index of 0.8 and a net index of 0.6 — a perfect scenario for investors looking to develop a large-scale project or for those dreaming of building a luxury home with stunning views.


Just 5 to 7 minutes from the centre of Funchal, the location combines convenience and tranquillity that are rare. The elevation of almost 100 metres above sea level provides a direct and panoramic view of Funchal Bay, which becomes even more impressive at the higher part of the plot. The existing house, built in 1988, has a robust structure and could serve as the basis for a major renovation; however, it is the construction potential that gives it an exceptional value.


Key features that make this property unique:

Huge construction potential: The “medium density” PDM allows for the development of diverse projects, whether for several apartments, townhouses or a single dream home.

Private location: Just a few minutes from the city centre, with access to public transport, you will be close to everything without giving up a peaceful environment.

Stunning views: An exclusive panoramic view over the sea and the bay of Funchal, in a peaceful and private environment, especially at the highest part of the plot.

Project flexibility: Whether you are looking for a profitable investment or want to build a luxury home in an idyllic setting, this plot allows for different approaches with a high return.

Why act now?

Scarcity: Spaces of this size, view and construction rate are increasingly rare in the region, even more so in Funchal.

Tranquility and exclusivity: The opportunity to have a property with uninterrupted views and a private environment, just a few minutes from the city, is extremely limited.

Trust: Funchal’s PDM and the robustness of the existing structure reinforce the reliability of the investment.

Whether you are developing a prestigious development or building your dream home, this land offers the perfect foundation for success.

Book your visit now and let yourself be won over by the tranquility, the unparalleled views and the potential that this unique place has to offer. Don’t miss out on this investment and lifestyle opportunity, because the best of Funchal awaits you!

Details

Private Gross Area m²194
Gross Area m²260
Total Lot Size m²4 230
Living Area m²130
Bedrooms5
Construction Year1988
Floor- -
WC/Bathrooms4
ElevatorNo
Parking3+ Places
Electric Cars ChargingNo

Energetic details

Energy efficiencyEnergy efficiency

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Map

listing-map-picture

Rooms

Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Kitchen
Living Room
Credit Simulation
Listing Price
1 700 000 €
Initial Value
Duration (Years)
30 years
Monthly Payment (*)
5810.98

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.