Discover this exclusive collection of properties for sale in Pico Island in the Azores, Portugal. A unique addition to the Azores property market, these forest homes and cottages are perfect for nature lovers, sports enthusiasts and those who want a beautiful haven away from home.
Why is this opportunity so exciting?
The most exciting aspect of this new launch is its unique concept: modern living within nature. An intimate collection of just eight residences, these properties boast a superb location nestled on the slope of the Santo Amaro hill, allowing them to enjoy panoramic views of the meadows and the ocean.
Another highlight is that these properties will be fully equipped and furnished. This means that, once they have been delivered, they will be ready to rent out or move into immediately.
What about the properties?
The project comprises of five forest homes and three cottages.
Occupying the higher part of the development, the collection of forest homes for sale all boast one bedroom with an en-suite bathroom, two balconies, a kitchen and an open-plan living and dining area. With floor-to-ceiling windows, the bedroom and the living space are well lit and offer panoramic views over the island and ocean. There is also plenty of storage space.
Though the three cottages are slightly lower down, they still enjoy stunning views over the meadows and the Atlantic. Spread across two floors, these cottages feature two or three bedrooms on the lower floor, a bathroom and a utility room. The kitchen and the living space is located on the upper floor and is connected to a deck with a flower garden.
The properties also have access to the Lava Homes yoga studio, restaurant and supermarket, all of which are a 5 minutes’ walk away. Plus, the cottages benefit from a communal swimming pool.
The properties will be made from local materials such as basalt stone and clay roof tiles to celebrate the heritage of the island as well as complement the landscape. Plus, all of the properties will have a high energy efficiency rating for greater sustainability and less environmental impact.
What’s the investment potential?
Owing to the project’s exciting concept and truly spectacular location, these properties are an ideal rental investment.
Whilst all of the properties are sold completely freehold, future owners have the opportunity to rent out their property through the successful rental management service behind the popular Lava Homes project. By combining hotel-level services with a unique, intimate location, these properties are perfect for investors and it is possible to earn 6% rental yields.
Why the Azores?
Often referred to as the ‘Hawaii of the Atlantic’. the Azores is an archipelago of nine volcanic islands 1,600km off the coast of Portugal. These beautiful islands are a kaleidoscope of colour with turquoise lagoons, vivid green meadows and black lava fields.
An island of unusual beauty, Pico Island is home to the highest point in Portugal and its unique vineyards have been recognised as a UNESCO world heritage site since 2004. From hiking and mountain climbing through to paddle boarding and diving in the crystal-clear Atlantic, Pico Island is perfect for those who love to explore.