€75,500

Located in a serene and picturesque rural environment, this basalt stone ruin offers a unique investment opportunity for those looking to create a charming local accommodation space. With a privileged location and magnificent sea views, this ruin features 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 cozy and functional spaces. Its robust basalt stone structure gives it exceptional durability and a charming aesthetic that harmoniously integrates with the surrounding landscape, and it can be expanded for greater investment profitability. Furthermore, the ruin enjoys excellent sun exposure, ensuring abundant natural light and a bright and welcoming atmosphere indoors. This feature, combined with the tranquil rural location, offers future owners the opportunity to create truly serene and relaxing spaces, perfect for hosting guests seeking an authentic experience on Pico Island. With its proximity to the bathing areas on the south side of Pico Island, the ruin represents an ideal base for exploring the natural wonders and stunning landscapes of the island. Just a 10-minute drive from the picturesque village of Baleeira das Lajes do Pico, future guests can enjoy convenient access to local restaurants, shops, and other amenities. Moreover, the strategic location of the ruin, just a 40-minute drive from Pico Airport, makes it easily accessible for both domestic and international visitors, offering an excellent investment opportunity in the growing tourism market on Pico Island. In summary, this basalt stone ruin represents a unique opportunity to create a charming local accommodation space, with a privileged location, stunning sea views, and considerable potential to provide an authentic and memorable experience to guests. #ref: 116159 - 116159 - IAD PORTUGAL