3 Properties for Sale, Houses in Azores, with Lift

Tourist Development-House of the Two Palm Trees!

Estimated Operating Profitability of 10% per year.

Unique Product - Tourism Investment Opportunity!

A few meters from Poça da Dona Beija, a thermal paradise located in Furnas, São Miguel Island, Azores! Mystical space for leisure and relaxation, immersed in exuberant nature, which has hot thermal waters.

With Terra Nostra park just a step away!

The development is located in the centre of Furnas, very touristic and the most visited place on the island of São Miguel.

Ideal for Investors who want to have a project for a tourist accommodation unit.
This historic building, now revitalised under construction, stands out as a landmark in the enhancement and preservation of the
architectural heritage of Furnas- Ponta Delgada.

Developed under the inspiration of Professor Manuel Alves Figueiredo, the development harmonises tradition with modernity, offering new life to one of the most distinctive buildings in the region.

With an area of about 480m2, it includes six residential suites, available in the typologies of T1, a large living room and a kitchen to support the local accommodation distributed over 4 floors, integrating perfectly into the tourist fabric.
The property has a panoramic lift with a unique view over the Furnas Valley!

The interiors of the suites are designed for excellent comfort, with large windows that allow an abundance of natural light, enhancing bright and cosy interior spaces. The meticulous attention to detail is evident in each element, creating elegant environments.

The rehabilitation of this building not only enriches the urban landscape in which it is located, but also reflects a deep commitment to standards of quality, sustainability and innovation.

Book your visit now!

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.

TESTING PROPERTY (NOT AVAILABLE)

This property is neither for sale nor for rent.

The SUPERCASA Team