Terreiros, Azores

Set in a serene and picturesque rural setting, this basalt stone ruin offers a unique investment opportunity for those looking to create a charming vacation rental space. With a privileged location and a magnificent view of the sea, this ruin presents ideal characteristics for a rehabilitation project that preserves its traditional vernacular architecture.The ruin has two floors and a generous area of 70 square meters, providing considerable potential to create welcoming and functional spaces. Their robust basalt stone structure gives them exceptional durability and a charming aesthetic that integrates harmoniously with the surrounding landscape, and can be expanded for a greater return on investment.In addition, the ruin enjoys excellent sun exposure, ensuring abundant natural light and a bright and welcoming atmosphere inside. This feature, coupled with the tranquil rural location, offers future owners the opportunity to create truly serene and relaxing spaces, perfect for welcoming guests looking for an authentic Pico Island experience.With its proximity to the bathing areas on the south side of the island of Pico, the ruin represents an ideal base from which to explore the natural wonders and stunning landscapes of the island of Pico. Just a 10-minute drive from the picturesque whaling village of Lajes do Pico, future guests will enjoy convenient access to local restaurants, shops, and other amenities.Additionally, the strategic location of the ruin, just a 40-minute drive from Pico airport, makes it easily accessible to both domestic and international visitors, offering an excellent investment opportunity in the growing tourism market on the island of Pico.In summary, this basalt stone ruin represents a unique opportunity to create a charming vacation rental space, with a privileged location, stunning sea views, and considerable potential to provide an authentic and memorable experience for guests.#ref: 116159