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Azores, Portugal

€180,000
IAD, Porto
PROPERTY TYPE

Detached

BEDROOMS

5

SIZE

3,003 sq ft

279 sq m

Description

Two-Storey House with 3 Apartments – Investment Potential in Silveira, Lajes do Pico

Located in the peaceful hamlet of Silveira, in the parish of Lajes do Pico, this two-storey property offers a unique opportunity for those looking to invest in the Azores or create a main residence with income potential.

With a total built area of 279 m², the house is currently divided into three T2 apartments (each with two bedrooms), all with independent access:

Two apartments on the upper floor, both with spacious layouts and natural light;

One apartment on the ground floor, with direct access to the exterior.

Please note: all three units require renovation in order to be comfortably and effectively used for either long-term or short-term rental purposes.

The location is ideal:

Just 3 minutes from the centre of Lajes do Pico, where you will find essential services, restaurants, shops, and seaside access;

Only 30 minutes from Pico Airport, with regular flights to mainland Portugal and other Azorean islands;

Set in a calm area, surrounded by nature and with good road access.

This property offers two promising possibilities:

Renovate all three apartments for full rental potential, either in the local rental market or as holiday lets;

Convert the upper floor into a main residence and renovate the ground-floor apartment to generate passive income.

With a solid structure and a flexible layout, this is a perfect project for those looking to invest in a property with character and high potential in one of the most authentic locations in the Azores.

Book your visit today and discover the potential of this unique opportunity on Pico Island.
#ref: 147115

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 147115) 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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