Charming Income Producing Villa Near Ribeira Grande
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Charming Income Producing Villa Near Ribeira Grande

€ 1,125,000 £ 933,532 $ 1,173,543

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Key information

Reference: PP175075

Villa

Azores

4 Bedrooms

4 Bathrooms

Ownership Status: Private

Built in: 2002

406m2 Build size

€ 2,771 £ 2,299 $ 2,890 / m2 build

7,220m2 Plot size

€ 156 £ 129 $ 162 / m2 plot

Nestled in a serene and tranquil setting at the border of the forest, this stunning property offers an exceptional opportunity for both living and investment. Situated on a generous 7,220 m2 plot of land, the villa boasts a spacious garden, a luxurious 16-metre heated swimming pool, and breathtaking sea views from the first-floor living room.

The property is located in Rua Gonçalo Velho, perpendicular to the main road to Ribeira Grande, and is divided into three plots. On the main plot sits a beautiful villa with expansive gardens, while the second plot offers the potential to build a house with a gross building area of up to 520 m2. The third plot can be used for eco-tourism, animal husbandry, and cultivation, adding further versatility. The environment is very calm and peaceful, providing a perfect retreat from the hustle and bustle of daily life, with unrivalled proximity to the woods.

The villa features ample living space spread over two floors. The ground floor includes a spacious living room and a beautiful kitchen overlooking the garden and swimming pool. On the first floor, the living room offers stunning sea views. The property also includes a 16-metre heated swimming pool, perfect for relaxation and leisure. Parking is convenient, with an interior garage for two vehicles and an uncovered parking space for two additional cars.

This property was completely refurbished in 2022, is currently licensed as an AL (Alojamento Local), and generates a rental income of approximately 850€ per day. Combining elegance, comfort, and lucrative rental potential, this villa is an ideal choice for discerning buyers. Don't miss this opportunity to own a piece of paradise in a prime location.

For more information or to schedule a viewing, please contact us.

Features

  • Pool
  • Air conditioning
  • Garden
  • Furnished
  • Heating
  • Garage
  • Parking
  • Reception room
  • Terrace/Balcony
  • Covered dining area
  • Kids play area
  • Laundry room
  • Storage room
  • Spacious
  • Features great views
  • Sea view
  • Evening sun
  • Orientation: North
  • Near shops
  • Near a golf course
  • Near the beach

Energy rating

  • A+
  • A
  • B
  • B-
  • C
  • D
  • E
  • F
  • G

The energy rating shows the energy efficiency of a building on a scale of A to G. The most efficient homes – which should have the lowest fuel bills – are in band A, whereas the most inefficient homes are in band G.

Key information

Reference: PP175075

Villa

Azores

4 Bedrooms

4 Bathrooms

Ownership Status: Private

Built in: 2002

406m2 Build size

€ 2,771 £ 2,299 $ 2,890 / m2 build

7,220m2 Plot size

€ 156 £ 129 $ 162 / m2 plot

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Azores

Picturesque, verdant island with volcanic peaks, balconied mansions, blue lakes & calderas.

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Azores

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Yours sincerely,
Mariana Madeira

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