SALE of LARGE BUILDING/BUILDING in the Historic Center of Ponta Delgada (São José), São Miguel Island, Azores
Description
EXCELLENT INVESTMENT OPPORTUNITY IN THE HEART OF THE CITY OF PONTA DELGADA, SÃO MIGUEL ISLAND, Azores
Located in the historic centre of Ponta Delgada (parish of São José), this imposing building stands out for its privileged location, facing Rua Caetano de Andrade Albuquerque and Rua do Provedor. With a high potential for various types of use, it is a unique opportunity for investors looking for a versatile property of great strategic value.
PROPERTY FEATURES
Total land area (Building + Park): 827sqm
Implantation Area (Ground Floor): 505sqm
Parking: Capacity for 11 vehicles (322sqm)
Built Areas:
Basement: 49sqm
Floor 0 (Ground Floor): 505sqm
Floor 1: 516sqm
Floor 2: 88sqm
Level 3: 63sqm
Total Built: 1,221sqm
Potential for Expansion:
Underground parking area: 1,654sqm (2 basement floors)
Planned area for additional construction: 2,544sqm (3 floors + tower)
Total construction potential (Building + Park): 4,198sqm
POTENTIAL USE
Thanks to its architecture and infrastructure, this property is perfectly adapted to various purposes, such as:
Housing Development: Ideal for luxury apartments or multi-family housing in the heart of the city.
Tourism and Hospitality: Excellent option for a boutique hotel or local accommodation, given the growing demand for quality accommodation in the region.
Commerce and Services: Ideal space for offices, corporate headquarters, clinics, business centres or commercial establishments.
Business Center or Co-Working: With the growing digitalisation and demand for flexible workspaces, this property is a strategic option for companies.
PRIME LOCATION
This property benefits from a central location and easy access, inserted in an area with a large flow of residents and tourists. Close to several points of interest, such as:
City Gates and Historic Center
Marginal Avenue and Ponta Delgada Marina
Hotels, restaurants, traditional shops, casino and Portas do Mar
University of the Azores and other schools
António Borges Garden, leisure areas and cultural spaces
Main access roads and public transport
Whether for commercial, tourist or residential purposes, this property meets all the conditions for a solid investment with a high return. The versatility of the construction, the possibility of expansion and the privileged location make this building an investment opportunity in Ponta Delgada.
Contact us for more information or to schedule a visit! /n
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