Câmara De Lobos, Madeira 9300

We present a unique opportunity for investors in one of Madeira's areas with the strongest housing demand. Located on Estrada de Santa Clara, in Câmara de Lobos, this property comprises an existing house to be restored and a plot with excellent development potential, situated in an urban zone classified by PDM as Housing Space 1. The property benefits from good access, excellent sun exposure, and proximity to the center of Câmara de Lobos, schools, shops, services, and the main routes to Funchal. MAIN Advantages: - Strategic location in one of Madeira's most sought-after residential areas - Existing house with potential for restoration or integration into a new project - Plot with viability for multifamily residential development - Established area served by infrastructure - Excellent investment for real estate development or construction for rental income. DEVELOPMENT POTENTIAL There is a study/project for the construction of a residential building with an estimated capacity of approximately 20 to 25 apartments, representing an extremely attractive opportunity in a market where housing demand continues to exceed supply. According to the planning parameters applicable to the area, the following stand out: - Maximum land use index: 2 - Maximum impervious surface index: 70% - Maximum building height up to 17 meters for multifamily buildings - Possibility of use for housing, services, commerce and tourist developments. This is a rare real estate asset, with high potential for appreciation and profitability, ideal for investors seeking to develop a modern residential project in a privileged location in Câmara de Lobos. , technical documentation, feasibility study or scheduling a visit, .