Premium New development

Land for sale

Machico, Madeira, Portugal

£1,164,919 *  [€1,400,000]

Land for sale

Machico, Madeira, Portugal

£1,164,919 *  [€1,400,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 26250 m2
  • Habitable space: 3200 m2

Full Description


Magnificent land with a total area of 26.250.00m2, with approved project for an ecological tourist village of 4 stars in prestigious and quiet area, located over the valley of Machico, with superb views of the sea.

This development will have 23 accommodation units :

- 8 Villas of typology T3 - these will be adapted for disabled guests, will have their private pool, complemented by an agricultural land where customers can enjoy it, a solarium area on deck and also parking for two cars.

- 4 Studios - are built taking advantage of the slopes of the mountain, consisting of a living room bedroom and kitchen in open - space;

- 1 House of typology T1;

- 2 Apartments of typology T1 integrated in the same building of the reception , one of them adapted for customers with adapted mobility;

- 8 beautiful bungalows of typology T0, providing a stay more connected to the outdoors, all in wood outdoors and indoors. These will be integrated in the area of the park where you can enjoy the aquaculture tanks.

Outside this development, it is expected the construction of a common swimming pool, with spas integrated in the reception building, three aquaculture tanks intended for fishing, playground, tennis court, bar with wine tasting, steakhouses for common use, using food made available by the farm of the enterprise, uncovered parking with capacity for 20 vehicles.

The project aims to focus on agricultural activity in the enterprise, direct contact with nature, so the routes, walls, existing poios, as well as the irrigation tank, coming from the water of the levada, will continue to support the agricultural activity. On the ground there is also a water source currently unused. This is in the landscape area to be maintain, which will be used for agricultural purposes and as a waterfall.

Local served by schools, health center, restaurants, cafes. 5 minutes from machico's sandy beach, marina and promenade. 20 minutes from Funchal and 5 minutes from Madeira airport.

Innovative and self-sustaining project, with great sun exposure all day long! It is undoubtedly an asset to a safe and profitable investment!

Possible participation in a company (50%), exchange as part of the business or sale in full. Documentation accordingly, missing only the building permit to begin with.

Unique project! If you want a safe investment and great profitability, just found it!!

Contact us!
- REF: 003491
Read more

Map may not show exact location

This property listing (ref: 003491) is an advertisement supplied by Pink Real Estate and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8321 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.