Unique Opportunity – Ruin in Prime Seafront Location on Pico Island Introduction: Discover a rare and exclusive opportunity on the stunning Pico Island, Azores

Madalena, Ilha do Pico, Portugal

For Sale

€175,000

REF: 648411 €175,000


2

104 m2

340 m2

Description

Unique Opportunity – Ruin in Prime Seafront Location on Pico Island Introduction: Discover a rare and exclusive opportunity on the stunning Pico Island, Azores. We present this ruin in a prime seafront location, situated in the charming village of Terra do Pão, in the parish of São Caetano. This property offers a fantastic view of the ocean, providing a unique experience where the sea is literally at your feet.

Property Features: Location: Terra do Pão, parish of São Caetano, Pico Island. Type of Property: Ruin in a prime seafront location. Floors: 2. Total Area: 104 square meters. View: Fantastic sea view. Proximity: Swimming areas nearby, hiking trails in the vicinity, UNESCO World Heritage area 5 minutes away.

Accessibility: 20 minutes from Madalena do Pico town, 20 minutes from Lajes do Pico town, 30 minutes from the airport. Property Description: This two-story ruin with a total area of 104 square meters is a unique opportunity for those looking to invest in a location of unparalleled natural beauty. Situated in a prime seafront location, the property offers breathtaking views of the ocean, allowing you to feel the sea breeze and hear the soothing sound of the waves directly from your future home.

Views and Natural Environment: Imagine waking up every day to an uninterrupted view of the vast Atlantic Ocean. This property offers exactly that – a maritime panorama that is simply breathtaking. The prime seafront location means you can enjoy a panoramic and unobstructed view of the ocean, making every moment a natural spectacle.

Nearby, you'll find several swimming areas, perfect for leisure and relaxation. The combination of crystal-clear waters and picturesque landscapes makes these areas ideal for swimming, sunbathing, or simply enjoying nature. Proximity to Services and Attractions: The strategic location of this ruin makes it even more attractive.

The property is just a 20-minute drive from the town of Madalena do Pico, the island's main center, where you'll find a variety of shops, restaurants, and essential services. The town offers all the conveniences needed for daily life, as well as transport links to other parts of the island. Similarly, the town of Lajes do Pico, also 20 minutes away, offers a rich cultural and historical heritage, with various points of interest to explore.

This proximity to two of the island's main towns provides a perfect balance of tranquility and convenience. Nearby Attractions: Just 5 minutes away, you'll find an area classified as a UNESCO World Heritage site. This designation recognizes the cultural and natural importance of the region, offering a series of hiking trails that allow you to explore the unique beauty of Pico Island's volcanic and vineyard landscape.

The hiking trails in the vicinity of the property are perfect for nature lovers and hikers. These routes offer a wonderful opportunity to explore the local flora and fauna, as well as to enjoy spectacular views of the ocean and the mountains. Development Potential: This ruin offers enormous potential for development and renovation.

It can be transformed into a dream residence, taking advantage of the privileged location and unparalleled views. With a bit of imagination and investment, this property can become a perfect retreat or a luxury vacation home. Moreover, the prime seafront location makes this property ideal for a tourism project.

With the growing popularity of the Azores as a tourist destination, there is great potential to develop local accommodations that can attract visitors from all over the world. The combination of breathtaking views, proximity to the sea, and access to hiking trails and swimming areas makes this property an attractive investment for tourism.

Conclusion: This ruin in a prime seafront location on Pico Island is a unique opportunity not to be missed. With an enviable location, fantastic sea views, proximity to services and attractions, and enormous development potential, this property offers a perfect base to create something truly special.

Don't miss the chance to invest in one of the most beautiful and tranquil locations in the Azores. Contact us today for more information and to schedule a visit. Discover the potential of this unique property and be inspired by the natural beauty and serenity of Pico Island. #ref: 89502
Unique Opportunity – Ruin in Prime Seafront Location on Pico Island Introduction: Discover a rare and exclusive opportunity on the stunning Pico Island, Azores. We present this ruin in a prime seafront location, situated in the charming village of Terra do Pão, in the parish of São Caetano. This property offers a fantastic view of the ocean, providing a unique experience where the sea is literally at your feet.

Property Features: Location: Terra do Pão, parish of São Caetano, Pico Island. Type of Property: Ruin in a prime seafront location. Floors: 2. Total Area: 104 square meters. View: Fantastic sea view. Proximity: Swimming areas nearby, hiking trails in the vicinity, UNESCO World Heritage area 5 minutes away.

Accessibility: 20 minutes from Madalena do Pico town, 20 minutes from Lajes do Pico town, 30 minutes from the airport. Property Description: This two-story ruin with a total area of 104 square meters is a unique opportunity for those looking to invest in a location of unparalleled natural beauty. Situated in a prime seafront location, the property offers breathtaking views of the ocean, allowing you to feel the sea breeze and hear the soothing sound of the waves directly from your future home.

Views and Natural Environment: Imagine waking up every day to an uninterrupted view of the vast Atlantic Ocean. This property offers exactly that – a maritime panorama that is simply breathtaking. The prime seafront location means you can enjoy a panoramic and unobstructed view of the ocean, making every moment a natural spectacle.

Nearby, you'll find several swimming areas, perfect for leisure and relaxation. The combination of crystal-clear waters and picturesque landscapes makes these areas ideal for swimming, sunbathing, or simply enjoying nature. Proximity to Services and Attractions: The strategic location of this ruin makes it even more attractive.

The property is just a 20-minute drive from the town of Madalena do Pico, the island's main center, where you'll find a variety of shops, restaurants, and essential services. The town offers all the conveniences needed for daily life, as well as transport links to other parts of the island. Similarly, the town of Lajes do Pico, also 20 minutes away, offers a rich cultural and historical heritage, with various points of interest to explore.

This proximity to two of the island's main towns provides a perfect balance of tranquility and convenience. Nearby Attractions: Just 5 minutes away, you'll find an area classified as a UNESCO World Heritage site. This designation recognizes the cultural and natural importance of the region, offering a series of hiking trails that allow you to explore the unique beauty of Pico Island's volcanic and vineyard landscape.

The hiking trails in the vicinity of the property are perfect for nature lovers and hikers. These routes offer a wonderful opportunity to explore the local flora and fauna, as well as to enjoy spectacular views of the ocean and the mountains. Development Potential: This ruin offers enormous potential for development and renovation.

It can be transformed into a dream residence, taking advantage of the privileged location and unparalleled views. With a bit of imagination and investment, this property can become a perfect retreat or a luxury vacation home. Moreover, the prime seafront location makes this property ideal for a tourism project.

With the growing popularity of the Azores as a tourist destination, there is great potential to develop local accommodations that can attract visitors from all over the world. The combination of breathtaking views, proximity to the sea, and access to hiking trails and swimming areas makes this property an attractive investment for tourism.

Conclusion: This ruin in a prime seafront location on Pico Island is a unique opportunity not to be missed. With an enviable location, fantastic sea views, proximity to services and attractions, and enormous development potential, this property offers a perfect base to create something truly special.

Don't miss the chance to invest in one of the most beautiful and tranquil locations in the Azores. Contact us today for more information and to schedule a visit. Discover the potential of this unique property and be inspired by the natural beauty and serenity of Pico Island. #ref: 89502
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Property on Map

#89502

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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