Discover this 2,522.20 m² urban plot located in Madalena, Pico Island, with an architectural project developed for a tourist apartment complex.

The project comprises 10 accommodation units, including seven studio apartments, one one-bedroom apartment and two two-bedroom apartments, offering a selection of layouts designed for tourism use.

A range of shared leisure facilities is planned to complement the accommodation, including an outdoor swimming pool with deck area, padel court, childrens playground, outdoor fitness area and landscaped gardens. The project also provides 14 private parking spaces for the convenience of future guests.

The architectural concept has been designed to take advantage of the sites natural characteristics and surroundings, combining contemporary design with a balanced integration into Pico Islands distinctive landscape. Operational support spaces, reception facilities and communal guest areas are also included in the project.

Its location in Madalena, one of the islands main centres for services and commerce, adds further value to the development and enhances its potential as a tourism-related investment.

With its generous land area, strategic location and architectural project already developed, this property offers interesting potential for investors seeking to pursue a hospitality concept that combines accommodation, leisure facilities and a strong connection to the natural surroundings of Pico Island.

Property details:
- Total land area: 2,522.20 m²
- Urban land
- Architectural project for a tourist development
- 10 accommodation units
- 7 studio apartments
- 1 one-bedroom apartment
- 2 two-bedroom apartments
- Outdoor swimming pool with deck area
- Padel court
- Childrens playground
- Outdoor fitness area
- Landscaped gardens
- 14 private parking spaces
- Located in Madalena, Pico Island

For further information or to arrange a viewing, please contact us.
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