Regional Government authorises sale of seven plots at Parque Empresarial da Zona Oeste

The Regional Government has authorised MPE - Madeira Parques Empresariais, Sociedade Gestora, S.A. to sell four plots of land for construction at the Parque Empresarial da Zona Oeste, located in Lombada and Quebradas de Baixo, parish of São Martinho, in Funchal. The authorisations are contained in seven resolutions published in the supplement to the Jornal Oficial, I Série, No. 204, of 7 November 2026. The documents do not identify the buyers or the sale price.

What was decided#

The three resolutions of the Regional Government Council, approved in plenary on 7 November 2026, authorise the disposal of four plots, each with its own resolution:

• Regional Government Council Resolution No. 1045/2026: plot No. 3, measuring 1,348 m², and plot No. 4, measuring 1,060 m²;
• Regional Government Council Resolution No. 1046/2026: plot No. 6, measuring 3,900 m²;
• Regional Government Council Resolution No. 1047/2026: plot No. 10, measuring 7,843 m².

The four plots total 14,151 m². All are urban properties classified as land for construction.

Description of the plots#

Each resolution identifies the property by its tax matrix article, its assessed value and its description number at the Funchal Land Registry Office. The assessed value is the value assigned to the property for tax purposes, and does not necessarily correspond to the sale price:

• Plot No. 3 (1,348 m²): tax matrix article 7531, assessed value of €176,970.00, description No. 7104/20260817. Borders plot 4 to the west;
• Plot No. 4 (1,060 m²): tax matrix article 7532, assessed value of €130,600.00, description No. 7105/20260817. Borders plot 3 to the east and a park access road to the west;
• Plot No. 6 (3,900 m²): tax matrix article 7534, assessed value of €443,420.00, description No. 7107/20260817. Borders plot 5 to the north and a park access road to the west;
• Plot No. 10 (7,843 m²): tax matrix article 7538, assessed value of €856,870.00, description No. 7111/20260817. Borders the Ribeira dos Socorridos to the west.

Legal framework#

MPE - Madeira Parques Empresariais, Sociedade Gestora, S.A. is the concessionaire of the public service for creating, managing and promoting the regional business parks. The concession is defined in Regional Legislative Decree No. 28/2001/M, of 28 August, as amended, and in the concession contract signed on 27 March 2006 with the Autonomous Region of Madeira.

Base XXIV of the concession requires that any sale of plots or warehouses be authorised in advance by the Grantor, which in this case is the Region. The resolutions are therefore the step that allows MPE to proceed with the sale. A regional legislative decree is a law approved by the Madeira Legislative Assembly on matters within the region's remit, while a resolution of the Government Council is a decision of the regional executive.

The instruments justify the measure by the need to respond to the regional business sector, which has asked for the possibility of buying the plots where its companies are already established. According to the resolutions, the sale and encumbrance of plots and warehouses are essential measures for attracting investment and creating jobs in the business parks.

What is not in the document#

The resolutions do not indicate who will buy the plots, at what price, or within what timeframe the sale must be completed. They also do not say whether the land is occupied by companies. This information is expected to become known in later stages of the process, which are not described in the published instruments.