House T2 for sale in Ilha da Madeira

🏡 (FOR SALE) PLOT WITH RUINS – CALHETA, MADEIRA, PORTUGAL 💶 €199 000.00 I present this plot of land with 458 sqm , located at approximately 417 meters above sea level , including two existing ruins that may be rebuilt in accordance with the local planning regulations for Espaços Habitacionais 1 . 🌄 Property Highlights 📍 Located in a quiet residential area of Calheta 📐 458 sqm of land 🏚️ Includes two existing ruins with reconstruction potential 🌿 Set in a natural environment with good elevation 🏡 Suitable for residential development or investment 🔑 Potential for a project with character and flexibility 📌 Development Potential Under the Espaços Habitacionais 1 classification: ✅ Residential use is the primary designation, with allowance for housing, services, and compatible uses ✅ Possibility to develop one or more residential units , subject to project approval ✅ Maximum building index up to 0.7 of the land area ✅ Maximum building height parameters apply (up to approx. 10m total height ) ✅ Additional compatible uses such as tourism or small-scale services may be permitted ✨ Opportunity This is the type of property for someone looking for a reconstruction project with flexibility . With two existing structures and a defined planning framework, it offers the potential to create a unique residential or investment project in a quiet area of Calheta.