Land for sale in Povoação

Land in Povoação with 36 ha

Ribeira Quente

1 100 000 €

Buy
id. 126881013-21

36 ha

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NC

Description

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.

Details

Private Gross Area m²- -
Gross Area m²- -
Total Lot Size m²362 247
Living Area m²- -
Bedrooms- -
Construction Year- -
Floor- -
WC/Bathrooms- -
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiency

Map

Credit Simulation
Listing Price
1 100 000 €
Monthly Payment (*)
0

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.