Unique Property with Windmill and Miller's House – A Charming Retreat on Pico Island Introduction: Imagine waking up every day to stunning views of the majestic Pico Mountain, the vast Atlantic Ocean, and the distant Faial Island

Madalena, Ilha do Pico, Portugal

For Sale

€175,000

REF: 648376 €175,000


70 m2

530 m2

Description

Unique Property with Windmill and Miller's House – A Charming Retreat on Pico Island Introduction: Imagine waking up every day to stunning views of the majestic Pico Mountain, the vast Atlantic Ocean, and the distant Faial Island. This charming property, located in the serene parish of Santa Bárbara, Ribeiras, Lajes do Pico, offers exactly that and much more.

With a historic windmill and a picturesque Miller's House, this is an unmissable opportunity for those seeking a slice of paradise in the Azores. Property Features: Historic Windmill: A piece of history that adds unique charm and character to the property. Miller's House: A cozy two-story house with 70 square meters, ready to be transformed according to your dreams.

Unparalleled Views: Enjoy panoramic views of Pico Mountain, the sea, Faial Island, and magnificent sunsets. Prime Location: Only 7 minutes by car from the vibrant village of Madalena do Pico, 15 minutes from Pico airport, and 5 minutes from natural pools and the UNESCO World Heritage Vineyard Landscape of Pico Island.

Rural Environment: Surrounded by serene and beautiful nature, perfect for those seeking peace and tranquility. Property Description: The Miller's House is a cozy space spread over two floors, with a total of 70 square meters. On the ground floor, you'll find a spacious living room, ideal for relaxing moments, and an open space bedroom that can be adapted to your needs.

The bathroom is fully equipped, ensuring all necessary comfort. On the first floor, there are two large bedrooms offering generous and cozy spaces for rest. The living room on this floor also offers a spectacular view, making every moment spent here truly special. The windmill is a true historical treasure, which can be restored for various purposes, from a picturesque guest house to a unique exhibition space.

This distinctive element of the property offers an authentic connection to the island's past and a unique opportunity to create something truly special. Views and Natural Environment: This property offers some of the most stunning views on Pico Island. The imposing and majestic Pico Mountain dominates the landscape, while the view of the sea and Faial Island provides a breathtaking backdrop.

Every sunset here is a natural spectacle, painting the sky with vibrant colors and creating a magical atmosphere. Surrounded by serene rural landscape, the property offers total immersion in nature. The proximity of walking trails allows you to explore the region's natural beauty on foot, while the natural pools just 5 minutes away offer a perfect place to refresh in the crystal-clear waters of the Atlantic.

Proximity to Amenities: Despite its tranquil rural setting, the property is conveniently located near all modern amenities. The village of Madalena do Pico, just 7 minutes by car, offers a variety of shops, restaurants, and essential services. This charming village is the heart of the local community, providing everything you need for daily life.

Pico airport, 15 minutes away, makes the property easily accessible, whether for quick visits or extended stays. The convenient location makes this property ideal for both permanent residence and a holiday home. Rehabilitation and Development Potential: This property is a gem with enormous potential for unique rehabilitation projects.

The Miller's House can be restored and modernized, retaining its rustic charm while adapting to contemporary comfort. The windmill offers a rare opportunity to create a unique space that can attract tourists and history enthusiasts. Additionally, the property has great potential for tourism development, taking advantage of the growing popularity of Pico Island as a holiday destination.

With spectacular views, a prime location, and proximity to points of interest such as the Vineyard Landscape of Pico Island, this property is perfect for local accommodation or rural tourism projects. Conclusion: This property on Pico Island is a rare and special opportunity. With its Miller's House, historic windmill, stunning views, and enviable location, it offers an irresistible combination of natural beauty and historical value.

Whether you are looking for a peaceful retreat, an exclusive rehabilitation project, or an investment opportunity in the growing tourist market of the Azores, this property is the ideal choice. Do not miss the chance to own a piece of paradise on Pico Island. Contact us for more information and to schedule a visit. Discover the potential of this unique property and be inspired by the beauty and tranquility of Pico Island. #ref: 89496
Unique Property with Windmill and Miller's House – A Charming Retreat on Pico Island Introduction: Imagine waking up every day to stunning views of the majestic Pico Mountain, the vast Atlantic Ocean, and the distant Faial Island. This charming property, located in the serene parish of Santa Bárbara, Ribeiras, Lajes do Pico, offers exactly that and much more.

With a historic windmill and a picturesque Miller's House, this is an unmissable opportunity for those seeking a slice of paradise in the Azores. Property Features: Historic Windmill: A piece of history that adds unique charm and character to the property. Miller's House: A cozy two-story house with 70 square meters, ready to be transformed according to your dreams.

Unparalleled Views: Enjoy panoramic views of Pico Mountain, the sea, Faial Island, and magnificent sunsets. Prime Location: Only 7 minutes by car from the vibrant village of Madalena do Pico, 15 minutes from Pico airport, and 5 minutes from natural pools and the UNESCO World Heritage Vineyard Landscape of Pico Island.

Rural Environment: Surrounded by serene and beautiful nature, perfect for those seeking peace and tranquility. Property Description: The Miller's House is a cozy space spread over two floors, with a total of 70 square meters. On the ground floor, you'll find a spacious living room, ideal for relaxing moments, and an open space bedroom that can be adapted to your needs.

The bathroom is fully equipped, ensuring all necessary comfort. On the first floor, there are two large bedrooms offering generous and cozy spaces for rest. The living room on this floor also offers a spectacular view, making every moment spent here truly special. The windmill is a true historical treasure, which can be restored for various purposes, from a picturesque guest house to a unique exhibition space.

This distinctive element of the property offers an authentic connection to the island's past and a unique opportunity to create something truly special. Views and Natural Environment: This property offers some of the most stunning views on Pico Island. The imposing and majestic Pico Mountain dominates the landscape, while the view of the sea and Faial Island provides a breathtaking backdrop.

Every sunset here is a natural spectacle, painting the sky with vibrant colors and creating a magical atmosphere. Surrounded by serene rural landscape, the property offers total immersion in nature. The proximity of walking trails allows you to explore the region's natural beauty on foot, while the natural pools just 5 minutes away offer a perfect place to refresh in the crystal-clear waters of the Atlantic.

Proximity to Amenities: Despite its tranquil rural setting, the property is conveniently located near all modern amenities. The village of Madalena do Pico, just 7 minutes by car, offers a variety of shops, restaurants, and essential services. This charming village is the heart of the local community, providing everything you need for daily life.

Pico airport, 15 minutes away, makes the property easily accessible, whether for quick visits or extended stays. The convenient location makes this property ideal for both permanent residence and a holiday home. Rehabilitation and Development Potential: This property is a gem with enormous potential for unique rehabilitation projects.

The Miller's House can be restored and modernized, retaining its rustic charm while adapting to contemporary comfort. The windmill offers a rare opportunity to create a unique space that can attract tourists and history enthusiasts. Additionally, the property has great potential for tourism development, taking advantage of the growing popularity of Pico Island as a holiday destination.

With spectacular views, a prime location, and proximity to points of interest such as the Vineyard Landscape of Pico Island, this property is perfect for local accommodation or rural tourism projects. Conclusion: This property on Pico Island is a rare and special opportunity. With its Miller's House, historic windmill, stunning views, and enviable location, it offers an irresistible combination of natural beauty and historical value.

Whether you are looking for a peaceful retreat, an exclusive rehabilitation project, or an investment opportunity in the growing tourist market of the Azores, this property is the ideal choice. Do not miss the chance to own a piece of paradise on Pico Island. Contact us for more information and to schedule a visit. Discover the potential of this unique property and be inspired by the beauty and tranquility of Pico Island. #ref: 89496
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Property on Map

#89496

Currency Exchange

Madalena, Ilha do Pico, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €175,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€175,000 £144,954 £150,404 £5,450
Property Price € €175,000
Minimum cost in the last six months £144,954
Maximum cost in the last six months £150,404
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,450

Madalena, Ilha do Pico, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €175,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€175,000 £144,954 £150,404 £5,450
Property Price € €175,000
Minimum cost in the last six months £144,954
Maximum cost in the last six months £150,404
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,450

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £5,450 more.

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