LARGE BUILDING - VILLA for SALE in the historic centre of Ponta Delgada (São José), São Miguel Island

Exceptional Investment Opportunity in the Historic Center of Ponta Delgada: Corner Building with High Construction Potential

In a market where the availability of land and buildings with capacity for new projects in the historic centre is increasingly reduced, this property represents an excellent opportunity for developers and investors looking to create a reference development in one of the most valued areas of the city.

Located in a corner, between Rua Manuel Augusto Amaral and Rua D. João Francisco de Sousa, the property benefits from a privileged location, with two fronts and excellent access, the configuration of the land and the urban framework allow to study different investment solutions, from a residential building in horizontal property to a mixed-use development, a boutique hotel or other accommodation concepts, always subject to technical analysis and approval by the competent authorities.

The property has 739sqm of land and is part of an existing building with about 830sqm of gross construction area, spread over three floors. The large uncovered area is an unusual asset in this location, and may allow the creation of private parking, outdoor areas or other solutions to support the development.

The existing building is currently in a degraded state, so the true value of this property lies in the development potential that the land offers, because according to its framework, the property is located in a historic area of the urban centre, and may, upon compliance with the applicable urban standards and the necessary approvals, admit a new building with greater constructive capacity, namely up to four floors, allowing a housing or mixed-use project to be considered.

The surroundings bring together some of the main factors of real estate appreciation: commerce, restaurants, services, schools, cultural spaces, hotels and all the amenities of the city centre are just a few minutes walk away, contributing to the high attractiveness of this location, both for own housing and for investment.

Additional Information about the AREAS:
Total Land Area: 741sqm;
Implantation Area: 355sqm;
Construction Area: 830sqm;
Uncovered Area: 386sqm;

ENERGY CERTIFICATION: In accordance with Regional Legislative Decree No. 9/2025, of 12 February, which adapts Decree-Law No. 101-D/2020 to the Autonomous Region of the Azores, and in accordance with Article 32 thereof, it is informed that the obtaining of the Energy Certificate is in progress.

São José, Ponta Delgada, Ilha de São Miguel

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