Land/Plot for sale in Porto Santo, 7600 m²

Porto Santo, Porto Santo

Land/Plot

EUR 1,200,000

• 7,600 sqm

A truly rare investment opportunity on one of the most exclusive islands in the Atlantic. Location & Natural Highlight Porto Santo is famous for its 9 km golden beach, considered one of the most beautiful and therapeutic in Europe - the sand has unique mineral properties with recognized beneficial effects for bones and joints. The island receives an increasing number of visitors seeking to escape the tourist masses of Tenerife or the Algarve, in search of tranquility and nature. The Land - Key Strengths Completely flat, rare on Atlantic islands, eliminating leveling costs and facilitating any type of construction. Close to the sea with privileged views of the golden beach. Excellent location near infrastructure (Cristiano Ronaldo Madeira Airport, Santo da Serra Golf Course, White sand beach in Machico) With the PIP (Prior Information Request) approved for 5,320 m² of total gross construction area, the potential of the land becomes much more interesting and appealing for investors. What Can Be Built? Here are some indicative scenarios: - Hotel / Resort With 5,320 m² of possible construction, it is possible to develop a medium-sized hotel with 60 to 80 rooms (considering common area…