Machico Candidate Proposes Major Tourism and Real Estate Development for Misericórdia
An ambitious proposal for the urban and touristic development of the Misericórdia area in Machico, Madeira, was presented by Hugo Marques, the Socialist Party (PS) candidate for the local municipal council. The plan advocates for a detailed framework to guide investment in what is considered one of the island's most promising areas for tourism. The project identifies the lands in Misericórdia, overlooking the marina and the yellow sand beach, as a prime location for significant investment due to its unique strategic position. The candidate highlighted the area's simultaneous proximity to the sea and the airport as a key advantage for attracting large-scale luxury tourism and real estate ventures. Hugo Marques stated that such a development would provide a decisive boost to the local economy, directly contributing to job creation and higher incomes for the residents of Machico. A central component of the proposal is the creation of a modern marina, specifically designed to accommodate the growing market of small cruise ships and large private yachts. According to Marques, Machico possesses all the necessary conditions to establish itself as a high-value alternative to destinations like the Canary Islands, which currently cater to this segment. He emphasized that establishing clear and stable regulations through a detailed plan is fundamental to attracting secure investment. 'Only in this way will it be possible to attract secure investment, with a guaranteed return, not only for the investors, but, above all, for the people of Machico,' the candidate explained. The project also outlines the creation of a commercial and service-oriented avenue connecting the city center to the new marina. This new thoroughfare would include integrated parking facilities and a direct link to the regional expressway and the airport, significantly improving accessibility. The recently established Association of Commerce and Industry of Machico (ACIM) is positioned as a key partner in the project's implementation. The association is expected to take a leading role in promoting the development at international tourism and investment fairs, while also ensuring the active participation of local businesses. The candidate concluded by expressing his conviction that this initiative 'could be the largest investment ever made in Machico,' underscoring its transformative potential for the entire municipality. Monitor new development opportunities at realestate-lisbon.com.