Ilha do Pico, Azores

Two Houses, One Investment: The Charm of Traditional Architecture in Ribeiras On Pico Island, where the basalt stone tells the story of generations, a rare real estate investment opportunity arises: an architectural complex composed of two houses with a traditional design, located on Caminho de Cima, in the parish of Ribeiras. Both villas have two floors, maintaining the robust structure and the original aesthetics of Ilha Montanha, representing a valuable example of local construction that now awaits careful rehabilitation to reach its full potential. This property was designed for those looking for versatility and financial return. The existence of two independent units in a single set opens doors to multiple strategies: you can choose to create your own home in one of the houses and dedicate the second to the rental or local accommodation market. This "supplementary income housing" configuration is one of the most sought-after solutions in the current market, allowing the owner to reside in the heart of the Azores while constantly monetizing their asset. The strategic location in Ribeiras offers the ideal balance between restorative isolation and proximity to points of interest. For those who privilege contact with nature, the area is rich in hiking trails that wind along the slope, offering an immersive experience in the protected landscape. In terms of leisure and convenience, the property is just 3 minutes from the Port of Santa Cruz das Ribeiras and the Municipal Swimming Pool, ensuring immediate access to the sea. The center of the village of Lajes do Pico, with all its services and cultural dynamics, is a short 10 minutes away. If you are looking for a rehabilitation project with soul, where the heritage of the past serves as the basis for a safe and profitable investment, this set in Ribeiras is the right choice. An exclusive opportunity with the signature of iad Real Estate, focused on properties that combine tradition with real market value. Come and discover where your future begins, between the sea and the mountain. #ref: 774154