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Land with Sea View in Prainha – A Unique Opportunity in the Heart of Rural Tourism Located in Prainha, on the north coast of Pico Island, this exceptional 1,312m² plot offers a rare opportunity for those looking to invest in a peaceful setting with breathtaking ocean views
São Roque do Pico, Ilha do Pico, Portugal
REF: 957483
€125,000
Description
Land with Sea View in Prainha – A Unique Opportunity in the Heart of Rural Tourism Located in Prainha, on the north coast of Pico Island, this exceptional 1,312m² plot offers a rare opportunity for those looking to invest in a peaceful setting with breathtaking ocean views. Classified as Urban Space under the São Roque do Pico Municipal Master Plan, this land has a construction index of 50%, allowing for the development of one or multiple residential properties. Whether for a private residence, a vacation home, or a tourism rental project, this investment ensures high profitability in one of the most sought-after locations on the island. Why Invest in This Land? Build up to 50% of the land’s area, making it ideal for different projects Guaranteed profitability, thanks to Prainha’s reputation as the capital of Rural Tourism Panoramic views of the Atlantic Ocean, offering an idyllic setting for a dream home Tranquil and natural surroundings, perfect for those seeking peace and relaxation Prime Location with Excellent Accessibility This land is perfectly situated, offering both seclusion and convenience. 5-minute walk to scenic hiking trails, where you can explore the lush landscapes of Pico Island 1-minute walk to a renowned local restaurant, serving delicious Azorean cuisine 3-minute drive to the Poça Branca bathing area and Areia Bay, known for their crystal-clear waters 10 minutes from São Roque do Pico, where you’ll find essential services, shops, and restaurants 25 minutes from Pico Island Airport, connecting you easily to mainland Portugal and other Azorean islands 35 minutes from Madalena, the island’s main town and ferry port, with regular connections to Faial and São Jorge A Rare Opportunity on Pico Island With its strategic location, development potential, and spectacular sea views, this property represents an exceptional investment. Whether you dream of a private retreat, a second home, or a profitable tourism business, this is an opportunity not to be missed. #ref: 139925
Land with Sea View in Prainha – A Unique Opportunity in the Heart of Rural Tourism Located in Prainha, on the north coast of Pico Island, this exceptional 1,312m² plot offers a rare opportunity for those looking to invest in a peaceful setting with breathtaking ocean views. Classified as Urban Space under the São Roque do Pico Municipal Master Plan, this land has a construction index of 50%, allowing for the development of one or multiple residential properties. Whether for a private residence, a vacation home, or a tourism rental project, this investment ensures high profitability in one of the most sought-after locations on the island. Why Invest in This Land? Build up to 50% of the land’s area, making it ideal for different projects Guaranteed profitability, thanks to Prainha’s reputation as the capital of Rural Tourism Panoramic views of the Atlantic Ocean, offering an idyllic setting for a dream home Tranquil and natural surroundings, perfect for those seeking peace and relaxation Prime Location with Excellent Accessibility This land is perfectly situated, offering both seclusion and convenience. 5-minute walk to scenic hiking trails, where you can explore the lush landscapes of Pico Island 1-minute walk to a renowned local restaurant, serving delicious Azorean cuisine 3-minute drive to the Poça Branca bathing area and Areia Bay, known for their crystal-clear waters 10 minutes from São Roque do Pico, where you’ll find essential services, shops, and restaurants 25 minutes from Pico Island Airport, connecting you easily to mainland Portugal and other Azorean islands 35 minutes from Madalena, the island’s main town and ferry port, with regular connections to Faial and São Jorge A Rare Opportunity on Pico Island With its strategic location, development potential, and spectacular sea views, this property represents an exceptional investment. Whether you dream of a private retreat, a second home, or a profitable tourism business, this is an opportunity not to be missed. #ref: 139925
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Currency Exchange
São Roque 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 €125,000 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 |
|---|---|---|---|
| €125,000 | £102,988 | £108,511 | £5,524 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £102,988 |
| Maximum cost in the last six months | £108,511 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,524 |
São Roque 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 €125,000 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 |
|---|---|---|---|
| €125,000 | £102,988 | £108,511 | £5,524 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £102,988 |
| Maximum cost in the last six months | £108,511 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,524 |
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 £5,524 more.
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