Reduced Price.

This expansive 6,053 square meter plot offers a unique opportunity to create a bespoke residence within the prestigious Palheiro Estate. The plot’s commanding position provides breathtaking panoramic views over the rolling hills above Funchal. The property features a designated building area of up to 400 square meters, with an existing preliminary design available—contact us for further details. Access is conveniently gained via the estate’s private road leading to the renowned Casa Velha do Palheiro hotel, with the building site situated on the upper section of the plot, complemented by lush gardens below. Residents benefit from the security and exclusivity of the estate, along with privileged access to its extensive facilities, including the Palheiro Golf Course, acclaimed restaurant, Spa, and the exquisite Palheiro Gardens. The plot is subject to local building regulations concerning development density, height restrictions, and permitted usage; a comprehensive set of regulations is available through ImoPalheiro, Lda. For those interested in designing and constructing their dream home, ImoPalheiro, Lda. offers expert guidance, including connections to experienced architects and project managers. The property currently does not have an energy certificate. A rare opportunity to secure a prime piece of real estate within one of Madeira’s most prestigious locations. Reference: P15.

Land

Data source: https://www.rightmove.co.uk/properties/88114588?currencyCode=GBP#/?channel=OVERSEAS