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COMMERCIAL

Azores, Portugal

€2,490,000
eXp Realty, Portugal
PROPERTY TYPE

Hotel

BATHROOMS

26

SIZE

10,094 sq ft

938 sq m

Key features

  • Terreno
  • Escritório
  • Ilhas (Açores / Madeira)
  • Zona rural
  • Frente-mar
  • Habitação própria
  • Investimento
  • Arrendamento de curta duração
  • Licenciado
  • Rentabilidade garantida

Description

MAKE THE BEST INVESTMENT WITH US - CONDITIONS NEGOTIABLE

This tourist development is located in Madalena, in the parish of Criação Velha, Pico Island, Azores.

It offers a variety of accommodation, including double and triple rooms, as well as two-bedroom apartments equipped with a kitchen, dining room and living room. All units offer guests access to the covered outdoor swimming pool, gym and a bar where they can enjoy traditional Pico liqueurs and wines.

The concept of this development was developed to provide a unique experience for visitors, allowing them to enjoy a privileged view over the Pico vineyards, Faial Island and the canal that separates them.

With a plot of more than 4,500m² and a built area of more than 900m², the development is fully operational and ready to receive guests.

The identity of the project reflects the cultural roots of Pico Island, with a strong connection to wine-growing, the sea and the land, while also preserving the history of the emigrants, a fundamental part of the parish of Criação Velha.

Main features of this development:

- 20 bedrooms with private bathrooms;
- 3 triple rooms with kitchen;
- 2 two-bedroom apartments;
- Dining room;
- Kitchen
- Laundry room;
- Machine room;
- Gym;
- Covered outdoor swimming pool;
- Jacuzzi;
- Reception with office;
- Storage areas;

Main house divided into two independent dwellings:

- Attic: 1 living room and service bathroom;
- 1st floor: 2 bedrooms, kitchen, dining room, living room and full bathroom;
- First floor: 1 master bedroom with dressing room, an extra bedroom with office, utility room, living room and kitchen;
- Garage.

Azores, Portugal

Approximate location

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About eXp Realty, Portugal

eXp Europe is redefining estate agency by offering a smarter, more connected way to buy and sell property. Operating across multiple countries—including the United Kingdom, France, Germany, Italy, Spain, Portugal, Greece, Poland, and more—we provide seamless access to international property markets.

With a network of experienced agents working collaboratively across borders, we make it easier than ever for buyers and sellers to navigate property transactions, whether moving locally or relocating internationally. Our cloud-based model ensures that clients receive expert guidance, real-time market insights, and personalized service—without the limitations of traditional offices.

At eXp Europe, we combine cutting-edge technology with local expertise to deliver a more efficient, transparent, and stress-free experience for our clients. Whether you're buying your dream home, selling a property, or investing in new opportunities, our agents are here to help—wherever you are.

Notes

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This is a property advertisement provided and maintained by eXp Realty, Portugal (reference 86367508) 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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