Palms Lane Bungalow

Project costing stages:

  • Pre-construction – €949,000 (10% payment) – Current Stage
  • Under construction – €975,000 (35% payment)
  • Late stage construction – €995,000 (65% payment)
  • Finished property – €1,049,000 (Full payment)

Bungalow Living

Palms Lane Bungalow is a delightful ´second line of the sea´ project with garage parking below and a 2-bedroom ensuite bungalow with plunge pool above. The location of the plot is facing due south and offers sea views from every room of the property. The actual project land is on a very quiet lane that runs parallel to sea cliffs and located just 5 mins drive from Ponta do Sol and Ribeira Brava. The surrounding properties are of a high quality and the road running in front of the property is currently being upgraded to 1st class conditions by the local council. This is an excellent opportunity.

Approved Project

The project plans of Palms Lane Bungalow are already approved by the local authorities, the electric and water supply are in place to start the building. The construction time of the project is 12 – 15 months until the property is ready for handover. As this is a project currently in pre-construction, this means the internal finishing can be selected and a high degree of bespoke finishes and internal changes to the room’s layout can be made throughout the entire design and build. As this will be a build project, the build progress will be supported by weekly photos and drone images.

General conditions:

  • To secure a project a legal contract and payment is required.
  • The payment schedule is not fixed and can be mutually agreeable.
  • All bespoke selections should be made at least 16 weeks ahead of installation to avoid delays.
  • We ideally request two client visits during the construction period to make finishing selections.
  • A legally binding build protection is automatically included within the contract.
  • Build Madeira projects are generally not suited to clients who require bank mortgages.

Project specifications:

  • The full product specification and finishing list is available following a showroom visit.