Land for Housing Development

Objektbeschreibung

Urbanizable land with 5,820 sqm, located in Pico do Fogo, a rapidly growing area increasingly sought after for residential living. Ideal for small local investors and builders looking for projects with good liquidity and controlled risk.

The property benefits from excellent accessibility via the main highway, ensuring quick connections to Ponta Delgada and key services—an essential factor for future property appreciation and ease of commercialization.

With a flat topography, the land allows for simpler, faster, and more cost-effective construction, representing a significant advantage for those aiming to optimize building costs and maximize profitability.

According to the Ponta Delgada Municipal Master Plan (PDM), the land is classified as Urbanized Land – Predominantly Residential Areas, with the following parameters:

Lot Coverage Index (IIL): up to 40%
Gross Building Index (IIB): up to 40%
construction of up to 2 floors
Based on these planning parameters, a preliminary study was developed envisaging the creation of 6 plots, intended for the construction of semi-detached two-storey villas with garage a typology in strong demand in the local market, ideal for phased sales or progressive construction, depending on the investor’s financial availability.

Alternatively, and depending on the urban development strategy to be adopted, the land also offers potential for the construction of an apartment building, a particularly attractive solution for those seeking a higher-density approach and a more substantial optimisation of the investment.

Projected features for the plots:

Approximate plot sizes between 350 sqm and 400 sqm
Plot frontage of approximately 10 metres
Side access of approximately 3 metres
House frontage of approximately 7 metres
Indicative parameters for the apartment building option:

Maximum footprint area of approximately 920 sqm
Maximum construction area of approximately 1,840 sqm
This setup allows the investor to:

Develop the project in phases, reducing financial exposure
Adapt the final product to market demand
Achieve attractive margins in a highly sought-after residential segment
Note: The presented study is purely indicative and does not confer any rights. Consultation with the Ponta Delgada City Council is always required to confirm or adapt the project.

A solid opportunity for local investors seeking a well-balanced project in terms of cost, demand, and profitability.