Azores, Portugal

Perched on the slope of the Santo Amaro hill, this stunning forest home offers modern living in a spectacular location on Pico Island in the Azores. The last remaining house in a sold-out eco-resort development, the house is surrounded by greenery and overlooks the Atlantic Ocean with panoramic views from almost every window.

About the Location

Lying in the North Atlantic between Europe and North America, the nine islands of the Azores are Portugal's best kept secret. With scenery and wildlife as diverse as it is unspoilt, Pico is the second largest island in the archipelago and is home to Portugal's largest mountain, Mount Pico towers over the landscape at 1250 metres above sea level.

About the Property

Built from natural materials found on the island including volcanic rock and cryptomeria japonica wood, the property has a unique rectangular design with floor-to-ceiling windows throughout so future owners can enjoy panoramic views of the meadows, the Atlantic Ocean and the island of São Jorge.

Designed to blend in with the forest landscape, the main floor of this "house in the trees" features an open-plan living and dining area, a fully equipped kitchen, a master suite with a private bathroom plus a guest bedroom with a family bathroom. Both the bedrooms and living area have direct access to a large sunny terrace overlooking the forest and the ocean beyond.

Doing good whilst looking good, this property will have a high energy rating for greater sustainability. For added convenience, all of the appliances, decoration and furniture are taken care of. This means that upon completion, the property will be ready to rent out or move into straight away.

The lower floor of the property is designed as a storage area which has the potential to be converted into an office space with planning permission. Sold with an outside parking space, owners and guests of Forest Homes will also enjoy access to the development's private restaurant, yoga studio and swimming pool.

Investment Potential

This beautiful house on the island of Pico is ready to move into or rent out today. Offering a very attractive price per sqm, the property has excellent potential for long-term capital appreciation with expected returns around 5% on the lucrative short-term rental market.

Future owners will have the opportunity to rent out their property through the successful rental management company behind the nearby Lava Homes project. By marrying hotel-level services with a unique project in a stunning location, this property is an ideal buy-to-let investment.

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

In addition to organising property viewings from our office on Avenida da Liberdade, our in-house teams also support clients through every step of the purchase process from finding the best Portuguese mortgage through to rental management. 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.