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255 000 €
Land in Criação Velha, MadalenaMadalena, Ilha do Pico
Land in Criação Velha with parking
12 520 m²
Energy efficiency
We present a rare opportunity on Pico Island, Azores – an urban plot of 12,524.47 m², with an approved tourism project and breathtaking views over the ocean, Faial Island and the surrounding nature. 📍 A prime location with excellent solar exposure, accessibility and tranquility; ideal for investors or for those dreaming of living in the Azores with quality and privacy. 💼 OPTION 1 – TOURISM INVESTMENT (Approved Project – Azores Rooftop Villas) With architectural plans approved for: 5 independent villas Private pools and rooftops with panoramic views Natural setting and design inspired by Azorean culture This project is targeted at a medium‑to‑high end tourism segment, with potential for: Profitability through holiday rentals Creation of own brand Scalable investment with future expansion 🏡 OPTION 2 – PRIVATE HOME IN NATURE If you’re seeking to build your dream home in the Azores, this plot allows the construction of a spacious single‑family residence with: Large gardens A pool with sea views Space for a vegetable garden, leisure or sustainable projects Here you can live in harmony with nature, with space, silence and natural beauty — whether as a permanent residence, holiday retreat or a retirement project. 🔧 Option to acquire the approved project The land is sold without the approved project included, but there is the option to transfer the “Azores Rooftop Villas” project under terms to be agreed. This architectural concept was prepared by a specialised firm and is approved by the relevant authorities, which could represent significant savings in time, bureaucracy and technical investment for someone wishing to proceed with the original concept. If interested, the fee for the full project transfer — including plans, studies and technical reports — will be provided. 💡 Additional highlights: Urban land with building permit feasibility Approved project (saves time and cost) Permanent sea views Total privacy Minutes from services and touristic points An opportunity that could be the beginning of a new lifestyle… or a successful business.