Description
Large plot of land for sale in the parish of Relva, Ponta Delgada, Sao Miguel Island, Azores.
Piece of land with a registered area of 25.900sqm, located on Estrada Regional da Relva.
The land is physically divided, by the road, into 2 plots of land, one to the North and the other to the South, both of which face the Regional Road in an extension of approximately 115 meters, and have an excellent view over the sea.
The part located to the north of the road has about 5,600sqm, which, according to the PDM (Plano Director Municipal) of Ponta Delgada, are located in an area considered URBAN (Áreas Predominantemente Habitacionais). This part of the land faces two streets and has a built house, facing the street, and a large backyard.
The part of land located on the south part of the road has about 5.800sqm, which, according to the PDM (Plano Director Municipal) of Ponta Delgada, are located in an area considered URBAN (Áreas Predominantemente Habitacionais).
The remaining area of land, to the south of the road and with about 14.500sqm, is classified as rural land (agricultural area).
Given the location of the land, its access and proximity to the city of Ponta Delgada, it is a great investment opportunity for the development of different types of housing development.
In the north part of the land, an improvement (housing) is built, which is currently occupied. Both the North and South parts of the land are leased, under rural lease contracts that expire in 2024 and 2025.
THE LAND WILL BE SOLD WITH THE RESPECTIVE LEASE AGREEMENTS associated with it, as well as the housing occupancy status (lease without a contract).
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