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Azores, Portugal

€500,000
Athena Advisers Ltd, Portugal
PROPERTY TYPE

Cottage

BEDROOMS

2

BATHROOMS

2

SIZE

2,120 sq ft

197 sq m

Key features

  • Incredible location with open ocean views
  • Striking modern architecture using eco-friendly materials
  • Rooftop terrace and access to a communal pool
  • Ideal for investors seeking a mix of personal use, capital appreciation, and interesting yields, as it can be used personally or as a short-term rental.
  • Turnkey property: fully furnished and equipped with appliances for hassle-free ownership.
  • Located on Pico Island

Description

Discover a seamless blend of modern living and pristine natural surroundings on Pico Island in the Azores. This unique forest villa, designed by renowned architect Diogo Mega, harmoniously integrates traditional Azorean materials with contemporary comforts. Situated on Santo Amaro hill, it stands as the last available residence within a sought-after eco-resort development. Surrounded by lush greenery, this home offers panoramic Atlantic Ocean views from nearly every window.


Pico Island is renowned for its striking natural landscapes, volcanic terrain, and wine production. The cottage enjoys a hillside location, affording captivating vistas of the Atlantic Ocean, neighbouring São Jorge island, and the coastal surroundings. Its accessibility is a notable asset, as Pico is a short flight from the USA and Europe, and the cottage is conveniently situated just a brief drive from the airport, making it an easily reachable destination.

About the Property

Sold fully-furnished and in turnkey condition, this two-bedroom property spans 197 sqm across two levels. The lower floor houses the bedrooms and a workspace, while the upper floor hosts an open-plan social area leading to a deck. Notable features include high-quality finishes, the utilization of indigenous materials like volcanic stone and local wood (cryptomeria japonica), and access to a shared pool, adding a distinctive touch to the residence. It offers panoramic views encompassing the lush forest and the Atlantic Ocean.

Investment Potential

The Azores, celebrated for its natural beauty, favourable climate and hospitable residents, is witnessing rapid growth in tourism. High demand for vacation rentals drives escalating property values. Consequently, this singular property in the Forest Homes development stands as a prime investment opportunity. It can serve as both a source of income through rentals and a personal retreat when unoccupied.

ATHENA ADVISERS - Added value and 360° purchase support since 2003

In addition to organising property viewings from our offices in the French Alps and Cannes, our in-house teams also support clients through every step of the purchase process: accessing the 20% VAT rebate programme, finding the best French mortgage at a low rate, and introducing you to the best rental management company via our in-house service or partner agencies. We also decode the paperwork and contracts and become the bridge between all the different legal and official parties involved in the purchase, guiding our clients through every step of the process.

Azores, Portugal

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About the agent

Athena Advisers Ltd, Portugal

Av da Liberdade 240, 3A, 1250-148 Lisbon Portugal

Athena Advisers Ltd, Portugal

Invest beyond your borders. That’s our mantra. And our mission is to make it easy. Established in 2003, Athena Advisers is an international sales network and property investment advisory that specialises in attractive new-build and renovation development projects in key prime markets. From alpine chalets to sleek town houses, beach houses and everything in between, we handpick our portfolio very carefully, considering profitability but also lifestyle appeal.ATHENA ADVISERS - 18 years of adde

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Notes

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This is a property advertisement provided and maintained by Athena Advisers Ltd, Portugal (reference a018d00000SXgVaAAL) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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