300 000 €

Estimated Mortgage

Land with feasibility of allotment or apartments | Rabo de Peixe | Ribeira Grande

Ribeira Grande (Açores), Rabo de Peixe (Açores)

Reference: C0276-01085

Land with an area of ​​4,160 sqm, located in the heart of the parish of Rabo de Peixe, with corner, providing front to two streets (Rua Nova da Fonte and Rua José de Amaral da Luz) whose fronts in linear meters for each street covers 55m and 64m respectively. Totally flat and free from any construction,
According to the Municipal Master Plan (PDM), it is inserted in the "urban area" outside the perimeter of the city of Ribeira Grande, allowing the construction of lots for houses or apartments building, with the implementation index maximum of 60%, up to 3 floors and a maximum gross building area (ABC) index of 150% of the land area, allowing for a subdivision operation of at least 8 lots for homes or, alternatively, Apartments buildings with over 40 apartments with average areas over 100sqm / each.
Excellent investment opportunity due to the construction potential and guaranteed return given the scarcity of housing in one of the best housing areas in Rabo de Peixe.
Don't let this opportunity pass!

  • Price:  300 000 €  
  • Status: For Sale
  • Gross Area:  4,160 m2
Estimated Monthly Payment

300 000 €

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