Building with 3 independent units, which are a store space, a 1 Bedroom apartment, and a 2 bedrooms apartment. It is located in the heart of the city of Ribeira Grande, and just 3 minutes walking from Monte Verde beach, a reference beach for anyone looking to Surf on the island of São Miguel.
Given its location, this is a great business opportunity with a high income potential. The store is currently leased, and it can be kept that way or, in light of the new laws to facilitate more residential units on the market, can be transformed into a residential unit. The 1 Bedroom apartment, on the middle floor, is currently under renovation, and it's sold fully finished with good quality finishes, similar to the ones used on the 2 bedrooms apartment on top. The 2 bedrooms apartment is already finished, is currently rented out with a very interesting monthly rental, and it has ocean views too.
The building has, as well, on its back, 200 sqm / 2100 sqft of backyard space that can be used by only one of the units or shared between them all.
Get in touch to know more about this great business opportunity!
Building for sale in Ribeira Grande, Portugal
Ribeira Grande
Building • 3 room(s) • 3 bed. • 3 bath. • 324 m² • ref: C0276-02091
GBP 461,279
Spaces
Rooms3
Bedrooms3
Bathrooms3
Surfaces
Living324 m²
Land306 m²
Total324 m²
Ribeira Grande
The agent has not provided the exact address for this property. You can request it here.
Energy efficiency ratingNo data
Environmental (CO₂) impact ratingNo data
Prime Partners
Phone number
+351-...
We are a duo of english-speaking real estate agents with a wide knowledge in real estate, fruit of our individual experience as an architect and engineer, which allows us to find and design different solutions tailored for each buyer and investor.
We have a customer-centric and solution-oriented work style, proactively seeking to find the properties that best suit the needs of buyers within the context of the local market, and also serving as advisors in the search of the best solutions for each buyer to find her / his perfect property in the Azores, an increasingly sought after destination oweing to its location within the European Union and halfway between Europe and North America, and with a very peaceful and safe lifestyle, and with a great connection to Nature.
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+351296286096
Rua António Joaquim Nunes da Silva, 53
Ponta Delgada