Lagoa (Açores), Azores, Address available on request

Details:- Land with a vast potential for the creation of a residential development, either with single-family housing or multi-family residential buildings, or a mix of both types of construction. 

The land is located in an expansion zone of the city of Lagoa, next to the Convento dos Frades, in a land with a slight slope but essentially flat and uniform, confining with 2 roads (to the south and west). Its location close to the center of Lagoa and close to the main accesses to both the city of Lagoa and Ponta Delgada are a huge advantage for the construction of a residential development as it allows for quick and easy travel for families and businesses that choose to settle there.

In terms of zoning, the land falls in "Urbanized Area", in the subcategory "Residential Spaces of Level II", allowing construction with a maximum footprint of 50% of the land area, and a maximum gross construction area of 100% of the land area, with the possibility of building 3 floors for residential buildings or 4 for commercial and service buildings.

It is also allowed to build a tourist development on this land, taking advantage of not only its centrality, but also the sea view.

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