Description
Property in the Historic Center of Ponta Delgada
General Description
Property located in the historic area of Ponta Delgada, featuring two facades and two floors, requiring complete restoration.
The building has an approved project for the construction of 8 one-bedroom apartments (T1), designed for Local Accommodation (AL) use, with direct access to the Sao Francisco Xavier car park.
Current Status of the Construction
At present, the construction site is fenced, with the worksite set up and the building permit duly issued.
Technical Documentation
The architectural and structural design projects for the 8 one-bedroom units are attached.
All other technical projects are available for delivery to the buyer.
Access
Access to the property is provided directly through the Sao Francisco Xavier car park.
Funding and Incentives
The project includes a submitted application for 8 Local Accommodation (AL) units to the DRAC, with a non-repayable grant of at least €300,000.
Infrastructure
The site already has active water and electricity connections.
Energy Rating: Exempt