House 6 Bedrooms Triplex for buy in Povoação

Tourist development, known as ’Casa das Duas Palmeiras’ or ’Twin Palms , with a total construction area of 481.60 m2, located in Furnas Valley, in the municipality of Povoação, on the island of São Miguel - Azores.

The reconstruction of the building was developed under the inspiration of Professor Manuel Alves Figueiredo, who took care to maintain its original 19th century neoclassical architecture.
The development perfectly combines modern and contemporary style and offers a new lease of life to one of the region’s historic and emblematic buildings, preserving Furnas’ architectural heritage.

Located on the main access road to the parish, with excellent accessibility and close proximity to various services, restaurants, shops, transport and tourist attractions, such as Caldeiras, Lagoa das Furnas, Terra Nostra Park, Poças da Dona Beija, among others.

It is spread over 3 floors + basement and is divided as follows:

In the basement there is a living room for small meals and/or socializing; a pantry; a technical area and a laundry room.
The ground floor is divided into a hallway; kitchen and dining room; living room; bathroom; storage area and pantry.
Floor 1 has a hallway with a balcony and three suites, all with private balconies.
Finally, Floor 2 consists of a hallway and three suites, two of which have a private balcony.

You can buy this building:
1- With all the works completed and ready to rent out for the sum of €1,720,000,
or
2- In the rough stage, without the finishing touches, for the price of €1,470,000.
You can take advantage of European funds with a return of up to 60% COMPETIR + Açores 2030.

Excellent opportunity for tourism investment.

MIA MERCADO IMOBILIÁRIO E ARRENDAMENTO is a brand of the MIA Group, registered with the INPI (National Institute of Industrial Property), for the activity of Real Estate Mediation. AMI License No. 12979.