Rua Conselheiro de Medeiros
Horta, Faial, Horta (Matriz), Portugal
  • 32 Beds
  • 17,502.1014 sqft
$2,867,000 USD
Active

Rua Conselheiro de Medeiros, Horta, Faial, Horta (Matriz), Portugal

Property Features

  • Lot Area: 726 sqm
  • Original Price: 2,650,000 EUR
  • Floors: 4
  • Original Currency: EUR

Attachments

Property Description

Situated on the island of Faial, city of Horta (Matriz), on Rua Conselheiro Medeiros, this guest house has a privileged location, overlooking the sea to the island of Pico and the emblematic marina of the island of Faial.

The property has more than 30 years old, and so, a very interesting product for investors who want to monetize their investment, making it a €350,000 Golden Visa product in the future, attracting private investors looking for access to the Golden Visa and return on their investment.

This Residential consists of thirty-two rooms spread over three floors (double and triple rooms), entrance hall and reception, a dining room, a social room, office, engine room, kitchen, laundry (basement) and a 200m2 terrace with sea view.


In the surrounding area we can count on the best beaches on the island (Praia do Porto Pim and Praia do Almoxarife), an excellent diversity of gastronomy and all kinds of services, including supermarkets, bars and clubs.
The port of Ilha do Faial is located two minutes away on foot with boats that make routes between the islands, namely to Pico, S. Jorge, Graciosa, Flores and Terceira. The airport is ten minutes away.

A unique business opportunity, located on an island that attracts thousands of foreigners every year.

Hejmo Team - Coldwell Banker City
Energy Rating: Exempt
#ref:CB03-0291

Property Highlights

  • Area Description: School Zone
  • Exterior: Gardens
  • Exterior Living Space: Balcony / Lanai
  • Interior: In-Home Gym
  • Lifestyles: Beach
  • Location: Ocean / Beach

Location

The listing broker’s offer of compensation is made only to participants of the multiple listing service where the listing is filed.

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