Nestled in the picturesque parish of São Roque on São Miguel Island, this exceptional property offers a unique investment opportunity with endless potential. Previously home to a residential property, the site has been cleared to pave the way for an approved project to build a modern Hostel, perfectly suited for the growing demand in this sought-after destination.Key Features:Location: Situated in the charming and vibrant São Roque parish, this property benefits from close proximity to the stunning coastline and local attractions, making it an ideal spot for travellers and adventurers.Approved Project: With a project already approved, the groundwork for creating a profitable and welcoming hostel is ready to move forward, saving you time and effort in the development process.Beach Access: Directly behind the property lies a scenic trail that leads to the beach, providing guests or residents easy access to the crystal-clear waters and breathtaking views that São Miguel is known for.Lot Potential: Whether you proceed with the approved hostel project or envision something else, this property’s prime location and flexible potential make it an incredible canvas for your development dreams.This property is more than just land; it’s an invitation to create a vibrant space in one of the most beautiful regions of the Azores. Don’t miss the chance to make this incredible opportunity your own and contribute to the ever-growing charm of São Miguel.