all, São Roque do Pico Commercial Real Estate 0 Listings

all, São Roque do Pico: A Premier Destination for Commercial Real Estate

Introduction

São Roque do Pico, located on the island of Pico in the Azores archipelago, presents a unique opportunity for commercial real estate (CRE) investment. With its small population and burgeoning economy primarily driven by agriculture, tourism, and fisheries, this city is gaining attention from CRE professionals looking for untapped markets. Its strategic position in the mid-Atlantic enhances its appeal for industries looking to capitalize on maritime routes.

Economic and Industry Overview

The economy of São Roque do Pico is primarily supported by three major industries: agriculture, tourism, and fisheries. The city's fertile volcanic soil supports a thriving agricultural sector, including viticulture, which drives demand for warehouse and distribution spaces. The rise in tourism, centered around its natural beauty and whale-watching opportunities, fuels the need for retail and hospitality properties. Regional economic development initiatives, such as those promoted by SDEA - Sociedade para o Desenvolvimento Empresarial dos Açores, aim to further boost these sectors.

Strategic Location and Transportation Infrastructure

São Roque do Pico's strategic location in the Atlantic Ocean offers significant logistical advantages. The city is connected by the regional road network, facilitating easy access to various parts of the island. The Port of São Roque do Pico serves as a crucial hub for goods transport and is essential for industries relying on maritime logistics. Additionally, the nearby Pico Airport provides connectivity to mainland Portugal and other islands, enhancing access to labor and markets.

Commercial Real Estate Inventory & Zoning

The commercial real estate landscape in São Roque do Pico is diverse, with key submarkets including the central business district and industrial corridors. The island's zoning laws, which can be explored via the Pico Municipality Zoning Map, offer incentives for sustainable development and green building practices. Investors can find opportunities in industrial, retail, and office spaces, with recent zoning changes supporting mixed-use developments.

Major Employers and Institutions

The local economy is bolstered by major employers such as the Pico Wine Cooperative and the São Roque do Pico Fisheries Association, both of which drive demand for commercial space. Additionally, the presence of regional government offices and educational institutions like the Pico Vocational School supports the need for office and educational facilities. For more information, visit the Azores Business Directory.

Notable Commercial Developments & Projects

Significant developments include the expansion of the São Roque do Pico Marina, a project that enhances the city's appeal as a tourism and leisure destination. The city is also part of an Opportunity Zone, promoting public-private partnerships for sustainable development. Detailed plans and site maps can be accessed through the Pico Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors interested in São Roque do Pico, the city's Building and Safety Department offers comprehensive resources. The Permitting Portal and GIS Parcel Map Viewer provide essential tools for planning and development. The Planning Commission ensures adherence to local development codes, which can be reviewed here.

Market Data & Economic Reports

Investors can access a wealth of data through public sources such as Census.gov and the city's Open Data Portal. These resources, along with economic impact reports, provide insights into market trends and demographic shifts. Brevitas uses AI-powered aggregation from these public data sources and internal insights to deliver comprehensive market analysis. Explore our Brevitas-powered dashboards for São Roque do Pico.

Why Use Brevitas for all, São Roque do Pico CRE?

Brevitas offers a suite of AI-driven tools designed to enhance CRE discovery in São Roque do Pico. Our platform provides real-time market alerts, smart property pages, and dealroom collaboration. Unique features include: