- 13,651,154.7165 sqft
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Monte Escuro Chã do Monte Escuro - Pico da Furneira Ribeira Grande, 9625 - 400 Portugal
Property Features
- 13,651,154.7165 sqft
- Lot Size: 1,268,235 sqft
- Original Price: 8,000,000 EUR
- Original Currency: EUR
Property Description
Forest farm // High environmental value // Investment with ROI // Potential eco-tourism resort.
Composed almost entirely of a large forest of mature cryptomerias, with an area of more than 1.2 million sqm, this is the unique and most valuable feature of this property. Different from everything, located on the northern slope of the mountain and massif of Água de Pau (Lagoa de Fogo), it includes a ruined building with an area of 812m2, allowing its reconstruction with the same area on site, or alternatively in another location in the vicinity of the current construction, with magnificent panoramic views over the north coast of the island of São Miguel and the Atlantic Ocean. The harvest of the mature trees, according to the harvest and reforestation plan issued by the island's forest authorities, generates a financial return of approximate 4.5 million euros in each harvest cycle. Water and energy are easily implemented.
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Property Highlights
- Total Rooms: 0
- Views: Mountain
- Fencing: Fenced Yard
- Exterior: Gardens
- Water: Storage Tank
- Area Description: Country Living
- Garage Description: Carport
The listing broker’s offer of compensation is made only to participants of the multiple listing service where the listing is filed.
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