(ID:38263) Development Land in Ponta Do Pargo


Property For sale , Madeira, Portugal

Property sale by , Agent - Madeira

(ID:38263) Development Land in Ponta Do Pargo


Land of 4000m2, on the edge of the rock, with fabulous sea views, classified in the Municipal Master Plan as 'Tourist Occupation Spaces', has a land use index of 1.85, that is, for example, a hotel unit with the total area can be built maximum of 7400m2. This land has already been approved for a hotel. Its location is strategic as it is very close to the future 18-hole Ponta do Pargo golf course designed by golfer Nick Faldo who believes that this course will be one of the most beautiful in Europe. This land will share the roadway with the main entrance to the new golf course

In addition, the land could be developed for a luxury apartment block or villas