Used
Prime Land Plot in Horta with Panoramic Island Views
This exceptional land plot, spanning 6776 sqm, is situated on a commanding plateau in the most prestigious residential area of Horta, on Faial island. The property boasts a magnificent 180-degree panoramic view over the Atlantic Ocean, offering a breathtaking backdrop that includes the islands of Pico, São Jorge, and Graciosa. Such a unique vantage point ensures an atmosphere of serenity and exclusivity, making it a standout opportunity for visionary investors looking to establish a presence in the heart of the Azores.
Within the boundaries of the property sits a vacant building with a footprint of 432 sqm, currently requiring renovation. This existing structure provides a tangible starting point for redevelopment, whether for a grand private estate or a sophisticated commercial venture. The sheer scale of the plot allows for creative architectural freedom, ensuring that any new development can maximize the stunning natural vistas and the southern light that bathes this elevated position throughout the day.
Technically, the site is perfectly suited for tourism-related development or high-end residential projects. Its investment potential is underscored by a previous project designed by the Pritzker Prize-winning architect Souto Moura for a senior residence, which envisioned approximately 3000 sqm of gross building area. While the official approval for that specific plan has since expired, it highlights the significant development capacity and the high architectural standards that this location can accommodate.
Ideally positioned in the parish of Matriz, the property enjoys superb road connectivity and is just a short ten-minute walk from the world-famous Horta Marina. This proximity to the city's vibrant nautical hub and local amenities adds immense value to the location. We invite you to discover the endless possibilities offered by this remarkable site. Please contact us for further information or to arrange a private viewing of this unique property in Faial.
Within the boundaries of the property sits a vacant building with a footprint of 432 sqm, currently requiring renovation. This existing structure provides a tangible starting point for redevelopment, whether for a grand private estate or a sophisticated commercial venture. The sheer scale of the plot allows for creative architectural freedom, ensuring that any new development can maximize the stunning natural vistas and the southern light that bathes this elevated position throughout the day.
Technically, the site is perfectly suited for tourism-related development or high-end residential projects. Its investment potential is underscored by a previous project designed by the Pritzker Prize-winning architect Souto Moura for a senior residence, which envisioned approximately 3000 sqm of gross building area. While the official approval for that specific plan has since expired, it highlights the significant development capacity and the high architectural standards that this location can accommodate.
Ideally positioned in the parish of Matriz, the property enjoys superb road connectivity and is just a short ten-minute walk from the world-famous Horta Marina. This proximity to the city's vibrant nautical hub and local amenities adds immense value to the location. We invite you to discover the endless possibilities offered by this remarkable site. Please contact us for further information or to arrange a private viewing of this unique property in Faial.
All information on this page should be confirmed with the seller. We reserve the right to sell the property to a third party and to correct any errors.
Business State
Available
Price
750 000 €
Reference
PG09902
Business Type
Buy
Property Type
Lot
State
Used
Energy Certificate
District
Ilha do Faial
County
Horta
Parish
Horta (Matriz)
Useful Area
6 776 m²
Gross Area
6 776 m²

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