Land in Funchal (Santa Luzia) of 5,224 m²
About this land at Funchal (Santa Luzia), Funchal (Santa Luzia)
Urban land in a prime area of Funchal, very close to the center of Funchal.
Set of 4 urban plots (consisting of 4 urban matrices with the following areas: 4224m2; 400m2; 400m2 and 400m2) with PIP approved for the construction of a Collective Housing building with 5 floors and 2 single-family houses.
The collective housing building has 1 basement floor for storage; 1 basement floor for parking; 3 floors for T1, T2 and T3 apartments.
Total area of land set: 5424m2
Area subject to the application of the Net Usage Index (IUL.),
(under the terms of b) of nº 2 of arr° 42° and nº 2 of arr° 17°) 4936m2
Area subject to the application of the IUL,
(under the terms of a) of n° 2 of arr®° 42° and n° S of arr® 17°) 488m2
Total possible construction area: 5322m2.
Excellent investment opportunity!
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This land is located at Funchal (Santa Luzia).