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Azores, Portugal

€120,000
IAD, Porto
PROPERTY TYPE

House

SIZE

753 sq ft

70 sq m

Description

Located in a serene and picturesque rural environment, this basalt stone ruin offers a unique investment opportunity for those looking to create a charming local accommodation space. With a privileged location and magnificent sea views, this ruin features ideal characteristics for a rehabilitation project that preserves its traditional vernacular architecture.

The ruin has two floors and a generous area of 70 square meters, providing considerable potential to create cozy and functional spaces. Its robust basalt stone structure gives it exceptional durability and a charming aesthetic that harmoniously integrates with the surrounding landscape, and it can be expanded for greater investment profitability.

Furthermore, the ruin enjoys excellent sun exposure, ensuring abundant natural light and a bright and welcoming atmosphere indoors. This feature, combined with the tranquil rural location, offers future owners the opportunity to create truly serene and relaxing spaces, perfect for hosting guests seeking an authentic experience on Pico Island.

With its proximity to the bathing areas on the south side of Pico Island, the ruin represents an ideal base for exploring the natural wonders and stunning landscapes of the island. Just a 10-minute drive from the picturesque village of Baleeira das Lajes do Pico, future guests can enjoy convenient access to local restaurants, shops, and other amenities.

Moreover, the strategic location of the ruin, just a 40-minute drive from Pico Airport, makes it easily accessible for both domestic and international visitors, offering an excellent investment opportunity in the growing tourism market on Pico Island.

In summary, this basalt stone ruin represents a unique opportunity to create a charming local accommodation space, with a privileged location, stunning sea views, and considerable potential to provide an authentic and memorable experience to guests.
#ref: 116159

Azores, Portugal

Approximate location
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About the agent

IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

IAD, Porto

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate cons

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Notes

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This is a property advertisement provided and maintained by IAD, Porto (reference 116159) 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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