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Forest Homes

2

€390,000

Perched on the slope of the Santo Amaro hill, this stunning two-bedroom forest home offers modern living in a spectacular location in Pico Island in the Azores.

The property

The property has a unique rectangular design with floor-to-ceiling windows so future owners can enjoy panoramic views of the meadows, sea and the island of São Jorge. On the main floor, there are two bedrooms, a bathroom, a kitchen and an open-plan living and dining area. Both the bedroom and living space have direct access to a terrace. On the bottom floor of the property, there is storage space – perfect for keeping your belongings out of the way if you decide to rent out the property. Last, but not least, this property boasts a private 25 sqm rooftop terrace and access to a communal swimming pool.

The residence will feature basalt stone, cryptomeria japonica wood and clay tiles to celebrate the island’s heritage and complement the landscape. Doing good whilst looking good, this property will have a high energy rating for greater sustainability. For added convenience, all of the appliances, decoration and furniture is taken care of. This means that upon completion, the property will be ready to rent out or move into straight away.

Investment Potential

Future owners also have the opportunity to rent out their property through the successful rental management company behind the nearby Lava Homes project. By marrying hotel-level services with a unique project in a stunning location, this property is an ideal buy-to-let investment and it has an estimated rental yield of 5%.

Location

Sometimes called the ‘Hawaii of the Atlantic’, the Azores is on its way to becoming Portugal’s hottest new destination. This archipelago of nine islands is easily reachable from both Europe and the USA as it is just a two-hour flight from Lisbon and less than five hours' flight from New York.

An island of unusual beauty, Pico Island is home to the highest point in Portugal, Pico Mountain, 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. Home to more than 20 species of whales and dolphins, this collection of islands is one of the best destinations in the world for whale watching.

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