Tourist Development in Caloura, Agua de Pau, Lagoa (Azores)

Urban Land Plot/lot 4 with a total area of 37,400 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.It is planned to develop a residential tourism resort (Golden Visas), with a maximum implantation area of 9,350 m2 and a maximum gross construction area of 13,090 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 rate 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 DelgadaUnique investment opportunity in a region where the tourism sector is constantly growing, with the possibility of attracting investment support through EU funds.