PONTA DO SOL - MADEIRA ISLAND, PORTUGAL - NEW DEVELOPMENT - SOUTH WEST COASTLINE
The Lugar de Baixo marina in Ponta do Sol has recently been partially bought by a large international local Hotel Group. The group budgets on investing over 100 MillionEuros within the next 10 years on an onsite development which will include a luxury hotel as well as upmarket luxury apartments. The residential apartments will be built below street level which means no existing property’s sea-view will be obstructed.
Locals will have access to the sandy beach, all swimming and other leisure and entertainment facilities available at the marina.
Those planning to invest in property in the South Western coastline of the island on a medium to long term are advised to take advantage of the existing buyer’s market in anticipation of prices going up! Tony has some urgent sellers in Ponta do Sol and close to the marina and would love to be able to assist you!.
Email Tony for further information.
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