BUILDING PLOT - LAND IN MADEIRA, PORTUGAL FROM 2 888 754 💷 GBP

Location:
MADEIRA, PORTUGAL
Category:
LAND FOR SALE
Type:
Building Plot
Beds:
-
Currency:
£ GBP
Prices:
-
Results:
1 listings
# 17616259 - £2,888,754 - Building Plot, Sao Goncalo, Funchal, Madeira, Portugal

Building plot with 19.000m2 of buildable area with superb view over the bay of Funchal. Negotiable price.

2

Imocaires Portugal

Based in: Portugal

Telephone: 00351 291 238 180

listings

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№: 17616259

Building Plot for sale in Sao Goncalo

£2,888,754

Sao Goncalo, Madeira, Portugal

Listed By: Imocaires Portugal on 14.04.2015
View all available Building Plot in Madeira, Portugal from 2 888 754 💷 GBP on TheMoveChannel.com.

Despite its proximity to Africa, Madeira still oozes charm that’s clearly Portuguese. Credited with some of the most extraordinary living standards in v Europe and with a year-round climate that’s simply second to none, Madeira is a favourite among holidaymakers and second home buyers across v Europe and beyond. From the rocky beaches to the 🌎 world’s largest evergreen forest and every sleepy village in between, Madeira is the kind of place that by its very nature feels a million miles from the real 🌎 world. As far as investment opportunities go, the overwhelming majority of international investors buy in for short-term holiday rental properties. Rental yields are moderate and overall buying costs are average, but with constant demand throughout the year from a consistently growing tourist crowd, demand for rooms and properties almost always outstrips supply.

Building plots are sections of land that can be purchased by investors and used to build property. Options for a building plot may include a self-build home, although investors can also sell on the land to others at a profit. The value of the land depends on the plot's location and whether it has permission or services in place for construction.

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