Azores, Portugal
- PROPERTY TYPE
Detached
- BEDROOMS
2
- BATHROOMS
1
- SIZE
959 sq ft
89 sq m
Description
On Pico Island, where basalt stone tells the story of generations, a rare real estate investment opportunity emerges: an architectural complex composed of two traditionally styled houses, located on Caminho de Cima in the parish of Ribeiras. Both homes have two floors, maintaining the robust structure and original aesthetic of the “Mountain Island,” representing a valuable example of local construction that now awaits careful rehabilitation to reach its full potential.
This property was designed for those seeking versatility and financial return. The existence of two independent units within a single complex opens the door to multiple strategies: you may choose to establish your own residence in one house and dedicate the second to the rental or local accommodation market. This “home with supplementary income” configuration is one of the most sought-after solutions in today’s market, allowing the owner to live in the heart of the Azores while generating consistent revenue from their asset.
The strategic location in Ribeiras offers the ideal balance between restorative seclusion and proximity to key points of interest. For those who value close contact with nature, the area is rich in hiking trails that wind along the hillside, providing an immersive experience in the protected landscape. In terms of leisure and convenience, the property is just 3 minutes from the Port of Santa Cruz das Ribeiras and the Municipal Swimming Pool, ensuring immediate access to the sea. The center of Vila das Lajes do Pico, with all its services and cultural life, is only about 10 minutes away.
If you are looking for a rehabilitation project with soul—where the heritage of the past forms the foundation of a secure and profitable investment—this property in Ribeiras is the right choice. An exclusive opportunity signed by Iad Real Estate, focused on properties that unite tradition with real market value. Come discover where your future begins, between the sea and the mountain.
#ref: 774154
Azores, Portugal
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Notes
This is a property advertisement provided and maintained by IAD, Porto (reference 774154) 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.