Ilha de São Miguel, Azores

We present an exceptional property, arranged over four floors, ideal for those looking for a house to live in and also with an investment opportunity with high profitability and diverse exploration possibilities.The 1st floor is a 3 bedroom house and the 2nd floor is licensed for local accommodation, combining comfort, quality and a privileged location. (Contains AL License for tourism and open activity with the companies Booking and Airbnb).The property was built in 1982, completely renovated in 2019, providing a high level of comfort and high quality finishes.The location combines the best of both worlds: the serenity of a residential area and proximity to the urban center.Ground floor: Events Hall: Hall with capacity for 80 people, perfect for parties, meetings and corporate events (independent entrance). Buffet Room: Environment dedicated to buffet service. Sanitary Facilities: Equipped to ensure the comfort of guests. Kitchen: ready to cater for events. Storage rooms: storage rooms for additional storage. Garage: Space for one car Garden: ideal for moments of leisure and relaxation.First floor: 3 bedroom apartment: With three bedrooms, perfect for families (with independent entrance) Open Space kitchen and living room Laundry: Equipment for the convenience of residents. Office and Gym: Space to work and stay in shape without leaving home. Terrace with Barbecue: Ideal leisure area for outdoor dining and gatherings. 1 Storage room (prepared for WC)Second floor: Tourist Accommodation: They are being operated as tourist accommodation, generating excellent profitability (independent entrance) Typology: 4 bedrooms (1 of them suite with bathroom included). The rooms offer space and comfort for guests.Kitchen 2 shared bathrooms Balcony with sea and city viewsThird floor: Attic (area with the possibility of making two more bedroomAdditional Features: Expansion Potential: The building has projects for other exploration possibilities, further increasing its value. The current owners provide architectural projects for new business ideas and space profitability, as well as documents and invoices for profits earned with the companies Airbnb and Booking from 2020 until the first half of 2024 of just 4 rooms operating in the sector tourist. They also help new owners by teaching them all the management and functionalities of booking platforms if they want to maintain their existing tourism business.OPTION 2 (Divide the house into 3 units for long stays and/or local rental):Ground Floor (T2 Unit, parking and garden with independent entrance (project in the photographs)Car park with capacity for 4 cars;Living roomKitchenWcstorageStaircase with access to 2 bed rooms and laundry roomOPTION 3 (Divide the house into 3 units for short stays/tourism):Ground Floor (Hostel with capacity for 20 beds and independent entrance (project in the photos)):Living room and kitchen in Open Space;2 large bedrooms: each with 5 bunk beds;Laundry;2wc;Garden;This property is an excellent investment opportunity, combining space, versatility and a privileged location. Don't miss the chance to learn more about this fantastic investment.Mark your visit.