Full Description
Five apartments available for sale in the city of Horta, on Faial Island, Azores.
Located in the parish of Angústias, they are an excellent investment opportunity to increase profitability through local accommodation, a hostel, or Airbnb.
These five properties, which include a studio, a 2-bedroom, a 3-bedroom, and two 1-bedroom apartments, have guaranteed profitability and a total rental income of €4,050:
1-Bedroom: €1,100;
3-Bedroom + 1-Bedroom with Balcony: €1,600;
2-Bedroom Ground Floor: €700;
Studio with Garage: €650.
There is also the possibility of adding a sixth apartment (studio), as all the necessary infrastructureslab, water network, sewage, electricity, and communicationsis already prepared, allowing for increased financial return.
Located in one of the most sought-after areas of Horta, they were designed with comfort and well-being in mind, featuring fully equipped kitchens, spacious bathrooms, bedrooms, and living rooms. Thanks to their south-facing orientation, the apartments enjoy excellent sunlight exposure and offer magnificent views over Porto Pim Bay and Pico Island.
Close to essential services such as schools, supermarkets, and various shops, as well as the popular Porto Pim beach. This location is perfect for those who enjoy outdoor living, with direct access to the island's natural beauty.
Faial is an island on the rise, both in the tourism and scientific sectors, hosting innovative projects related to marine sciences and the blue economy, particularly through the University of the Azores' local campus and the 'Blue Incubator.'
Energy Rating: C
#ref: OSE24037.DC
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