🌟 Prime Investment Opportunity in the Heart of Horta, Faial Island 🌟

Discover this versatile, multi-story building perfectly positioned on Rua das Angústias, nº 70, in the high-demand parish of Angústias, Horta. Offering a seamless mix of immediate rental income and flexible residential spaces, this property represents a fantastic find for savvy investors or extended families looking for an island home with a built-in revenue stream.

🏢 Property Breakdown

As officially recorded in the Caderneta Predial Urbana (Tax Office Registry), this substantial building offers a generous gross construction area of 356.42 m² built upon a 132.76 m² plot. The structure spans multiple levels designed to maximize usability and independence:

• Ground Floor (Commercial Shop): A prime street-front commercial unit with excellent visibility. It is currently rented to a reputable local business, providing dependable, turnkey income from day one.

• Second Floor (T2 Apartment): A completely independent 2-bedroom apartment with an inviting livingroom, 1 bathroom, 1 fully equiped kitchen and its own private backyard space.

• Third & Fourth Floor (T2 Duplex Apartment + Attic): A second independent 2-bedroom layout. This upper unit benefits from an exclusive internal staircase leading to a beautifully finished, spacious 4th-floor attic area with warm wooden ceilings. This unit also features 1 generous livingroom, 2 bathrooms, 1 fully equiped kitchen and its own private backyard space.

📸 Interior & Exterior Highlights

The residential interiors feature a modern, practical, and welcoming aesthetic, with tiled flooring running throughout the living spaces to ensure effortless upkeep:

• The Kitchen: Fully tiled and equipped with beautiful solid wood cabinetry, ample granite countertops, a standalone stainless-steel stove/oven unit, dishwasher, and washing machine setup.

• Living Area: Cozy, inviting living rooms filled with natural light pouring through high-quality tilt-and-turn windows.

• Bedrooms: Features large, comfortable bedrooms, including master rooms fitted with generous, floor-to-ceiling built-in wooden wardrobes.

• The Upper Attic: A standout feature, this expansive top-floor space is entirely lined in polished wood cladding, complete with modern recessed spotlighting and a separate bathroom. It’s the perfect canvas for a home office, secondary lounge, or premium guest suite.

• The Exterior: A stately, well-maintained pink facade sitting proudly on a traditional cobbled street, complete with modern white window shutters and aluminum frames.

Seize the Opportunity! Properties with this level of square footage, private outdoor spaces for every apartment, and prime commercial street-front presence rarely hit the market in Horta. Whether you want to live in one unit and rent the rest, or strictly run a high-yield rental portfolio, this building is ready to perform.

📞 Contact us today to schedule your private viewing!