Land Plot located in a Reputable Area

 Description 

Land plot zoned as Urban consisting of housing, annex buildings facing Av. Principe do Monaco with 30 m of frontage. The area has become a new centrality, attracting several housing, commercial and service developments and has a very good reputation.
The land is classified in PDM as "Mixed Areas Level IV" which allows the construction of a Apartments building with four floors above the threshold level and two in the basement for parking and storage.
The land has already a 2 bedrooms house in need of improvements.
According to the Ponta Delgada Municipality Plan (PDM), the building capacity of the plot of land would translate into an IIB (Gross Implantation Index) of 0.60 with the possibility of the building reaching 4 floors and a height of 14.5 m.

Information to be confirmed through prior information request at the Ponta Delgada City Council.