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Global Properties

Land in Calheta, Portugal No. 111355

$ 583 750
Calheta, Portugal
Parameters
ID
111355
Type
Land
Land area, m²
10000
Property description
Located in the parish of Prazeres, known for its tranquility and beautiful landscapes, the 10,000m² plot offers a unique opportunity for investment in one of the most sought-after destinations on the island of Madeira. Prazeres is prized for its serene atmosphere and proximity to natural attractions such as hiking trails and panoramic views of the Atlantic.

The land has a slight slope, ideal for construction and taking advantage of the natural view. Part of the land is flat, facilitating the implementation of the project.
Easy access by paved road, with good connections to the main roads in the region, ensuring efficient connectivity for future residents and visitors.

The land has an approved project for the construction of a set of bungalows, offering an excellent opportunity for tourist or residential development.

The project includes the construction of several units, strategically distributed to maximize privacy and panoramic views. The bungalows have a rustic and cozy design, blending harmoniously with the natural surroundings.
The structures will be built with high-quality materials, respecting the local architectural style.
The project includes well-defined common areas, including garden spaces, paved paths and leisure areas. In addition, connection points for water, electricity and sewage are planned, ensuring the necessary infrastructure for the operation of the complex.

This land is a perfect opportunity for investors who want to develop a tourist or residential project in a location that combines natural beauty with convenience. The proximity to local attractions and the intrinsic beauty of the place make this project an excellent proposal for the temporary accommodation or second home market.

The acquisition of this land with an approved project is an unmissable chance to capitalize on the growing tourist interest in the region.

This plot of land in Prazeres, with an approved project for bungalows, represents a unique opportunity to develop a successful development in one of the most beautiful and quiet areas of Madeira.
Features
Outdoor features
  • Garden
Statistics Calheta
[:nprice_100:]
Price per m²
N/A
Quality of Life Index
N/A
Cost of living Index
Parameters
[:second_city:]
Madeira
Difference
Monthly Rent Cost
1-Room Apartment
[:nprice_26:]
2-Room Apartment
[:nprice_27:]
Apartment Purchase Price per m²
In the City Center
[:nprice_100:]
Outside the City Center
[:nprice_101:]
Crime Index
4
Cost of Living and Rent Index
N/A
Purchasing Power Index
N/A
Property Price to Income Ratio
N/A
Safety Index
96
Traffic CO₂ Index
N/A
Traffic Inefficiency Index
N/A
Rent Index
N/A
Health Care Index
28
Groceries Index
N/A
Pollution Index
N/A
Traffic Commute Time Index
N/A
Restaurant Price Index
N/A
Climate Index
N/A
Cost of Living Index
N/A
Quality of Life Index
N/A
Traffic Index
N/A
Restaurants
Meal, Inexpensive Restaurant
$ 13.48
Meal for 2 People, Mid-range Restaurant, Three-course
$ 40.00
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.38
Domestic Beer (0.5 liter draught)
$ 3.22
Imported Beer (0.33 liter bottle)
$ 3.52
Coke/Pepsi (0.33 liter bottle)
$ 1.25
Water (0.33 liter bottle)
$ 1.00
Cappuccino (regular)
$ 1.99
Markets
Milk (regular), (1 liter)
$ 1.12
Loaf of Fresh White Bread (500g)
$ 2.09
Eggs (regular) (12)
$ 3.87
Local Cheese (1kg)
$ 10.66
Water (1.5 liter bottle)
$ 0.87
Bottle of Wine (Mid-Range)
$ 7.03
Domestic Beer (0.5 liter bottle)
$ 1.45
Imported Beer (0.33 liter bottle)
$ 3.08
Cigarettes 20 Pack (Marlboro)
$ 5.86
Apples (1kg)
$ 1.85
Chicken Fillets (1kg)
$ 7.29
Oranges (1kg)
$ 1.87
Potato (1kg)
$ 2.03
Lettuce (1 head)
$ 1.75
Rice (white), (1kg)
$ 1.67
Tomato (1kg)
$ 2.61
Banana (1kg)
$ 1.86
Onion (1kg)
$ 2.05
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.71
Transportation
Gasoline (1 liter)
$ 1.98
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 35 211
Taxi Start (Normal Tariff)
$ 4.10
Taxi 1km (Normal Tariff)
$ 1.46
Taxi 1hour Waiting (Normal Tariff)
$ 19.46
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 39 931
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 110
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 48.64
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.46
Salaries And Financing
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Cinema, International Release, 1 Seat
$ 9.08
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 65.34
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 34.87
1 Pair of Nike Running Shoes (Mid-Range)
$ 87.90
1 Pair of Men Leather Business Shoes
$ 79.11
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 434
International Primary School, Yearly for 1 Child
$ 8 913
Contact seller
Contact seller

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