Commercial Property for Sale Graciosa Island

Description

Commercial Property for Sale on Graciosa Island

Are you searching for an investment in Azores real estate Graciosa that combines location, history, and high potential for transformation?
This commercial property for sale in Luz, municipality of Santa Cruz da Graciosa, is a rare opportunity in the Azores market. The building is located by the sea and includes a pavilion, offices, annexes, a garage, and support areas. Although renovation is required, the property offers excellent conditions for projects in tourism, commerce, or services.

Prime Location in Luz Parish

First of all, Luz is one of the four parishes on Graciosa Island. It is located on the southwestern tip of the island, between Serra Dormida and the Caldeira da Graciosa, extending to the southern coast.

Even more, Luz is known for its proximity to Carapacho Thermal Baths, a natural spa and hot springs complex that has become a key tourist attraction. The area also features natural swimming pools, the Porto da Folga, and a strong connection to fishing and winemaking traditions.

In other words, this commercial property is located in a region with a strong cultural identity, but also with growing demand for thermal and nature tourism.

Property Features

Existing Structure
This Azores real estate Graciosa listing offers a gross private area of 383.6 m², on a plot of about 1,000 m².
The property includes:

• Large pavilion with old cold storage rooms

• Offices and administrative space

• Restrooms and support areas

• Garage and annexes

• Storage and circulation areas

Current Condition
The building requires renovation. However, its dimensions and versatile layout allow adaptation to different uses, depending on the investor’s goals.

Investment Potential

This commercial property offers various possibilities:

• Tourism: local accommodation, hostel, or support facility for the thermal baths

• Commerce: warehouse, logistics hub, or food processing unit

• Services: training center, cultural venue, or company headquarters

In addition, the proximity to the sea and the Carapacho Thermal Baths significantly increases the investment value, especially for wellness tourism projects.

Graciosa Island as a Destination

Although Graciosa is the second smallest island of the Azores, it has a unique natural and cultural heritage. Some highlights include:

• Furna do Enxofre: a rare volcanic phenomenon inside a large lava cave

• Praia (Parish of Praia): one of the best bathing areas on the island

• Commercial Port: essential maritime connection

• Festivities of Senhor Santo Cristo (August): attracting many visitors

Moreover, the island has air connections to São Miguel and Terceira, making it accessible for both residents and tourists.

Target Audience

Above all, this property is ideal for investors looking for medium-term returns and diversification in the tourism, commerce, or service sectors. Whether to create a wellness tourism project, a business hub, or a cultural space, the potential is undeniable.

Conclusion

In summary, this Azores real estate Graciosa opportunity is unique. Located in Luz, near the famous Carapacho Thermal Baths, the property includes a pavilion, offices, annexes, and a garage. Despite requiring renovation, its versatility and location make it an excellent investment in tourism, commerce, or services.

If you are looking for commercial property for sale in the Azores, Graciosa Island offers here a strategic asset with great potential for appreciation.

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Ref: 220902001-107

House for Sale Furnas 6 Bedroom potential for tourism

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