Land for sale in Lagoa (São Miguel), Portugal

Plot of land with a total area of 15,558 m2, integrated in an execution unit located on the southern coast of The Island of São Miguel, in the tourist area of Caloura, in the village of Água de Pau, which is one of the areas of greatest natural beauty of the Azores archipelago. It is planned the development of a tourist development, with a maximum deployment area of 4,389.50 m2 and a maximum gross construction area of 6,145.30 m2, with two floors above the sandstone quota and 1 below and the maximum façade height of 7.5 m. It has a soil waterproofing index of up to 35%. Privileged location with magnificent views of the sea and the south coast of the island, looking at the cities of Lagoa and Ponta Delgada Unique investment opportunity in a region where the tourism sector is growing, with the possibility of attracting investment support through Community funds. #ref:CB11-T/04320_5