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1 100 000 €
Land in Ribeira Quente, PovoaçãoPovoação, Ilha de São Miguel
Land in Ribeira Quente
362 247 m²
Energy efficiency
Premium Tourism Development with Ocean Views – Unique Investment Opportunity in the Azores An exceptional investment opportunity is now available in the municipality of Povoação, set within a natural landscape of outstanding environmental and tourism value. This project comprises a structured tourism development, including: • 20 studio units (T0) for tourist accommodation • Shared/common building for support services • Integrated swimming pool • Set on a plot of approximately 36 hectares, offering excellent sun exposure and unobstructed ocean views Project & Development Status The architectural design, by Architect Fernando Coelho, has reached an advanced stage of technical and administrative maturity: • Environmental Impact Statement (EIS) approved • Geotechnical study completed, including foundation design using micro-piles • Architectural licensing project submitted to the Povoação Municipal Council • Favourable opinion issued, including consultation with external authorities Potential Situated in an area of growing tourism demand, this asset benefits from: • Strong landscape appeal (ocean + nature) • High potential for sustainable and nature-based tourism • Large-scale land offering differentiation in the market • A structured project, reducing both development risk and time-to-market A near “turnkey” development opportunity at the licensing stage, supported by solid technical groundwork and located in one of Portugal’s most authentic and emerging tourism destinations. ;ID RE/MAX: 126881013-21
Additional link:https://remax.pt/126881013-21