Identificação do imóvel: ZMPT588801 Service-designated building located on Rua José Maria Raposo de Amaral (formerly Rua do Frias), in the historic centre of Ponta Delgada, one of the city’s most relevant urban areas for tourism and urban redevelopment projects. The property is spread across a basement, ground floor and two upper floors, presenting a particularly attractive opportunity for investors connected to both the real estate and tourism sectors. This traditional-style building features a façade with strong architectural identity, marked by neoclassical and eclectic influences typical of São Miguel urban architecture from the late 19th and early 20th centuries. Notable elements include tall window openings with wooden frames, ornamental iron railings, traditional shutters, decorative mouldings and a central triangular pediment, all contributing elegance, character and presence to the property. Estimated to date from around 1900, the building offers significant rehabilitation potential, allowing preservation of its historical identity while developing a contemporary project integrated into the urban fabric of the city. The property requires full renovation. However, there is an existing project previously submitted to Ponta Delgada City Hall, which may be made available for consultation and included in the transaction. The proposed project envisioned the development of a hostel-style accommodation unit comprising: - 9 suites - Two shared dormitory-style units - Common lounge area - Shared kitchen with direct outdoor access - Backyard and terrace area - Outdoor swimming pool - Basement designated for technical area and laundry facilities The concept aimed to preserve the building’s most relevant architectural features while reinterpreting them through contemporary construction solutions and modern materials, combining historical identity with modern functionality. The proposed layout was designed to respond to the growing demand for differentiated urban accommodation, taking advantage of the central location, proximity to the city’s main attractions and the strong pedestrian dynamic of the historic centre. Project Framework The existing project is currently expired, and any future reassessment, adaptation and resubmission to Ponta Delgada City Hall will be the responsibility of the buyer. Nevertheless, the existence of prior studies and technical development already completed represents a valuable basis for feasibility analysis and future acceleration of the investment process. Property Features - Basement - Ground floor - Two upper floors - Service designation Architecture and Identity - Traditional São Miguel architectural style - Neoclassical and eclectic elements - Strong architectural façade presence - Estimated construction date around 1900 Development Potential - Full rehabilitation opportunity - Potential for tourism accommodation - Suitable for hostel, guesthouse or urban lodging concept - Strong appreciation potential within consolidated historic area Existing Project - Project for 9-suite hostel - Indoor and outdoor social areas - Swimming pool included in project - Technical basement and laundry area - Project available for consultation Location - Rua José Maria Raposo de Amaral - Historic centre of Ponta Delgada - Close to restaurants, shops and services - Strong tourist and pedestrian activity - High-demand area for hospitality projects Investment Perspective The combination of central location, urban context, architectural identity and tourism potential positions this asset as a strong opportunity for hospitality development within the historic centre of Ponta Delgada. The scarcity of buildings with this scale, architectural presence and redevelopment potential within the city’s historic core reinforces the long-term appreciation and differentiation potential of the investment. 3 reasons to buy with Zome: Constantly accompanied With the best training and experience in the real estate market, Zome’s agents are fully dedicated to providing you with the best assistance, guiding you with full confidence in the right direction to meet your needs and ambitions. From here onwards we will create a close relationship and carefully listen to your expectations, because our priority is your happiness! Because it is important that you feel you are being accompanied, and that we will be with you every step of the way. Simpler Zome’s agents are given unique training on the market, based on practical experience sharing between professionals and strengthened by applied neuroscientific knowledge that allows them to simplify and make their real-estate experience more effective. Forget about bureaucratic nightmares because with Zome you have the total support of an experienced and multiskilled team that gives you practical support in all the essential aspects, so that your real estate experience exceeds your expectations. Happier Rid yourself of your worries and earn the quality
Additional link:https://zome.pt/pt/ZMPT588801