$8,948,546

Ilha de São Miguel, Ribeira Grande, Porto Formoso, Ribeira Grande

Lot size29.11 Acres

Property typeLand

Overview

Active

Listed Jul 31, 2024

Updated 20h ago

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. Energy Rating: Exempt #ref:CB11-T/04515

Courtesy of

Based on information from DASH - Coldwell Banker (CB) as of 10/15/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 5:52 AM UTC, 10/15/2026

Powered by Luxury Presence