Land for sale in Ilha de São Miguel

Premium Tourism Development with Ocean Views – Unique Investment Opportunity in the Azores An exceptional investment opportunity is now available in the municipality of Povoação, set within a natural landscape of outstanding environmental and tourism value. This project comprises a structured tourism development, including: 20 studio units (T0) for tourist accommodation Shared/common building for support services Integrated swimming pool Set on a plot of approximately 36 hectares, offering excellent sun exposure and unobstructed ocean views Project & Development Status The architectural design, by Architect Fernando Coelho, has reached an advanced stage of technical and administrative maturity: Environmental Impact Statement (EIS) approved Geotechnical study completed, including foundation design using micro-piles Architectural licensing project submitted to the Povoação Municipal Council Favourable opinion issued, including consultation with external authorities Potential Situated in an area of growing tourism demand, this asset benefits from: Strong landscape appeal (ocean + nature) High potential for sustainable and nature-based tourism Large-scale land offering differentiation in the market A structured project, reducing both development risk and time-to-market A near “turnkey” development opportunity at the licensing stage, supported by solid technical groundwork and located in one of Portugal’s most authentic and emerging tourism destinations.