A unique residential development opportunity in an elevated and privileged location in Funchal.

Located in Santa Luzia, on Rua da Pena, this property benefits from a dominant position over the city, providing expansive views over the Bay of Funchal and the Atlantic Ocean, in a setting that combines proximity to the centre, privacy and an excellent landscape exposure.

The property has a total area of 2,317 m² and results from the integration of two contiguous urban buildings: a plot with 738 m², where there is...