Spectacular Property in Ribeirinha, Lajes do Pico, with Sea View and Investment Potential This unique property, located in the parish of Ribeirinha, in the municipality of Lajes do Pico, offers the perfect combination of space, comfort, and investment potential

Lajes do Pico, Ilha do Pico, Portugal

For Sale

€350,000

REF: 833521 €350,000


3

2

374 m2

1250 m2

Description

Spectacular Property in Ribeirinha, Lajes do Pico, with Sea View and Investment Potential This unique property, located in the parish of Ribeirinha, in the municipality of Lajes do Pico, offers the perfect combination of space, comfort, and investment potential. With a total area of 370 square meters, this house stands out for its elegant architecture and privileged location.

Main House Description: The main house, spread over two floors with attic use, is ideal for families seeking spacious and well-distributed areas. The property includes: 4 Spacious Bedrooms: All bedrooms have generous areas, providing comfort and privacy. Large Kitchen: A spacious kitchen, perfect for those who love cooking and entertaining friends and family.

Open Space Living and Dining Room: The living and dining areas are integrated into an open space, creating a cozy and inviting atmosphere. 2 Bathrooms: Modern and functional, perfectly meeting the needs of a family. Large Garage and Storage: The property includes a spacious garage with storage areas, ideal for storing equipment and personal belongings.

Stunning Views: One of the main advantages of this property is its privileged location, offering a fantastic view of the sea and the island of São Jorge. Enjoy relaxing moments while appreciating the breathtaking landscapes this house provides. Investment Potential: In addition to the main house, the property includes two ruins, each with two floors, with great potential for restoration.

These ruins represent an excellent investment opportunity, which can be converted into tourist accommodation units or additional dwellings, thus increasing the future profitability of the property. Location and Surroundings: The house is situated in a very peaceful area, offering an environment of peace and tranquility, ideal for those looking to escape the fast-paced city life.

The strategic location allows easy access to various services and points of interest: 5 Minutes from Services in the Parish of Piedade: Close to shops, cafes, and other essential services. 25 Minutes from the Whaling Village of Lajes do Pico: A historic and charming village with various tourist attractions.

25 Minutes from the Village of São Roque do Pico: Another important village on the island, with various shopping and leisure options. 40 Minutes from Pico Airport: Easily accessible for national and international travel. 5 Minutes from Bathing Areas in Ribeirinha and Piedade: Enjoy summer days on the beautiful beaches and bathing areas in the region.

2 Minutes Walk to Hiking Trails: Ideal for nature lovers and hikers, with trails offering incredible views and direct contact with the local nature. Architecture and Style: The main house has elegant architecture that harmoniously combines with the surrounding natural environment. The ruins maintain the traditional architectural style of the region, providing additional charm and opportunities for restoration projects that respect the island's cultural heritage.

Conclusion: This property is a rare opportunity to acquire a versatile and full-of-potential real estate in the stunning island of Pico. With a main house ready to move into and two ruins with infinite recovery possibilities, this is an unmissable offer for investors and families looking for a peaceful and at the same time profitable retreat.

For more information and to schedule visits, contact us today. Discover everything this unique property has to offer and start imagining your future in this Azorean paradise. #ref: 119021
Spectacular Property in Ribeirinha, Lajes do Pico, with Sea View and Investment Potential This unique property, located in the parish of Ribeirinha, in the municipality of Lajes do Pico, offers the perfect combination of space, comfort, and investment potential. With a total area of 370 square meters, this house stands out for its elegant architecture and privileged location.

Main House Description: The main house, spread over two floors with attic use, is ideal for families seeking spacious and well-distributed areas. The property includes: 4 Spacious Bedrooms: All bedrooms have generous areas, providing comfort and privacy. Large Kitchen: A spacious kitchen, perfect for those who love cooking and entertaining friends and family.

Open Space Living and Dining Room: The living and dining areas are integrated into an open space, creating a cozy and inviting atmosphere. 2 Bathrooms: Modern and functional, perfectly meeting the needs of a family. Large Garage and Storage: The property includes a spacious garage with storage areas, ideal for storing equipment and personal belongings.

Stunning Views: One of the main advantages of this property is its privileged location, offering a fantastic view of the sea and the island of São Jorge. Enjoy relaxing moments while appreciating the breathtaking landscapes this house provides. Investment Potential: In addition to the main house, the property includes two ruins, each with two floors, with great potential for restoration.

These ruins represent an excellent investment opportunity, which can be converted into tourist accommodation units or additional dwellings, thus increasing the future profitability of the property. Location and Surroundings: The house is situated in a very peaceful area, offering an environment of peace and tranquility, ideal for those looking to escape the fast-paced city life.

The strategic location allows easy access to various services and points of interest: 5 Minutes from Services in the Parish of Piedade: Close to shops, cafes, and other essential services. 25 Minutes from the Whaling Village of Lajes do Pico: A historic and charming village with various tourist attractions.

25 Minutes from the Village of São Roque do Pico: Another important village on the island, with various shopping and leisure options. 40 Minutes from Pico Airport: Easily accessible for national and international travel. 5 Minutes from Bathing Areas in Ribeirinha and Piedade: Enjoy summer days on the beautiful beaches and bathing areas in the region.

2 Minutes Walk to Hiking Trails: Ideal for nature lovers and hikers, with trails offering incredible views and direct contact with the local nature. Architecture and Style: The main house has elegant architecture that harmoniously combines with the surrounding natural environment. The ruins maintain the traditional architectural style of the region, providing additional charm and opportunities for restoration projects that respect the island's cultural heritage.

Conclusion: This property is a rare opportunity to acquire a versatile and full-of-potential real estate in the stunning island of Pico. With a main house ready to move into and two ruins with infinite recovery possibilities, this is an unmissable offer for investors and families looking for a peaceful and at the same time profitable retreat.

For more information and to schedule visits, contact us today. Discover everything this unique property has to offer and start imagining your future in this Azorean paradise. #ref: 119021
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Property on Map

#119021

Currency Exchange

Lajes do Pico, 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 €350,000 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
€350,000 £288,365 £300,808 £12,443
Property Price € €350,000
Minimum cost in the last six months £288,365
Maximum cost in the last six months £300,808
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,443

Lajes do Pico, 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 €350,000 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
€350,000 £288,365 £300,808 £12,443
Property Price € €350,000
Minimum cost in the last six months £288,365
Maximum cost in the last six months £300,808
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,443

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 £12,443 more.

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