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Azores, Portugal

€300,000
IAD, Porto
PROPERTY TYPE

Semi-Detached

BEDROOMS

6

BATHROOMS

2

SIZE

3,509 sq ft

326 sq m

Description

Traditional Home in the Heart of Madalena do Pico – A Unique Investment Opportunity
Located in the vibrant village of Madalena do Pico, this 325-square-meter property is distributed over two floors, with two independent units, offering multiple possibilities for use. With its typical Pico Island architecture, this house holds immense potential for those looking to restore and transform a property with history and character.

Key Features
Total area: 325m²

Two floors with two independent fractions

Traditional basalt stone construction, preserving the authenticity of Pico Island

Roof structure in good condition, facilitating the restoration process

Possibility of multiple uses: residential, commercial, or services

Prime location in the heart of Madalena do Pico, the island’s main hub

Prime Location – Everything Within Walking Distance
This property is located in one of the most privileged areas of the island, offering convenience, accessibility, and a high potential for investment.

1-minute walk to the Areia Funda bathing area, where you can enjoy the crystal-clear Atlantic waters

1-minute walk to the center of Madalena do Pico, with its restaurants, cafes, shops, and essential services

2-minute walk to the João Quaresma Passenger Port, with ferry connections to Faial and other islands

10 minutes from the airport, ensuring easy access for residents or tourists

5 minutes from the heart of the UNESCO World Heritage Vineyard Landscape, an emblematic location of Pico Island

Endless Possibilities – A Unique Opportunity
This property is ideal for different investment profiles. Whether you are looking for a family home, a vacation rental, a commercial space, or a mixed-use development, this house offers unmatched flexibility.

Renovation Potential: While it requires rehabilitation, the solid structure and good roof condition make it an excellent project for those who wish to preserve the authenticity of the island while modernizing the space.

A Growing Market: Madalena do Pico is experiencing increasing demand from tourists and investors, thanks to its strategic location, unique landscape, and growing interest in the Azores as a prime travel destination.

Stunning Surroundings and Unparalleled Quality of Life
Living in Madalena do Pico means being surrounded by breathtaking landscapes and a high quality of life. From the majestic Pico Mountain to the endless views of the Atlantic, this property places you in one of the most spectacular locations in the Azores.

Don't miss this unique opportunity to invest in a property with history, character, and unlimited potential in the heart of Pico Island!

Contact us for more information or to schedule a visit!
#ref: 131860

Azores, Portugal

Approximate location

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About IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

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 consultants in Europe with more than 20,000 consultants and a turnover of 536 million euros.

iad has become the game changer of the real estate market by breaking with the sector's traditional codes, becoming the 1st French Proptech Unicorn.

In addition to France and Portugal, the iad group is also present in Spain, Italy, Germany and Mexico, the UK and the USA (more precisely, the state of Florida).

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by IAD, Porto (reference 131860) 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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