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.