Execution Unit Allotment | Tourist Development In Caloura, Agua De Pau, Lagoa (Azores)

Urban Land, Plot/Plot 1, with a total area of 8,718 m2, integrated in an execution unit located on the first line of the sea, on the south coast of the island of São Miguel, in the heart of the tourist area of Caloura, in the village of Água de Pau, which is one of the areas of greatest natural beauty in the Azores archipelago. The development of a tourist resort and residential tourism development (Golden Visas) is planned, with a maximum gross construction area of 2,615 m2, with two floors above the threshold level and 1 below and a maximum façade height of 7.5 m. It has a soil waterproofing index of up to 35%. Privileged location with magnificent views over the sea and the south coast of the island, overlooking the cities of Lagoa and Ponta Delgada Unique investment opportunity in a region where the tourism sector is constantly growing, with the possibility of attracting investment support through community funds.