Urban Land Parcel / Lot 2, with a total area of 17,558 m2, integrated in an execution unit located on the south coast of the Island of S?o Miguel, in the tourist area of Caloura, in the village of ?gua de Pau, which is one of the areas of greatest natural beauty of the Azores archipelago.It is planned the development of resort tourist development and (PH) residential tourism (Golden Visa), with maximum deployment area of 4,389.50 m2 and gross construction area of 6,145.30 m2, with two floors above the threshold and 1 below and maximum height of the fa?ade of 7.5 m. It has a soil sealing index of up to 35%.Privileged location with magnificent views over the sea and the south coast of the island, glimpsing the cities of Lagoa and Ponta DelgadaUnique investment opportunity in a region where the tourism sector is constantly growing, with the possibility of attracting investment support through community funds. Energy Rating: Exempt #ref:CB11-T/04320-2