Description
Five apartments available for sale in the city of Horta, on the island of Faial, Azores. Located in the parish of Angústias, they are an excellent investment opportunity and increase profitability with local accommodation, hostel or Airbnb. These five properties, which include a studio, a 2-bedroom, a 3-bedroom and two 1-bedroom apartments, with guaranteed profitability, yield 6.2%, and a total rent of €4,050: 1-bedroom: 1,100 Euros; 3-bedroom + 1-bedroom balcony: 1,600 Euros; 2-bedroom ground floor: 700 Euros; 1-bedroom garage: 650 Euros. There is also the possibility of adding a sixth apartment, a 1-bedroom, as all the necessary infrastructure, slab, water network, sewage, electricity and communications, are prepared, which will allow for an increase in financial return. Located in one of the most sought-after areas of Horta, they were designed with comfort and well-being in mind, with fully equipped kitchens, large bathrooms, bedrooms and living rooms. Thanks to their south-facing orientation, the apartments benefit from excellent sun exposure, offering magnificent views of Porto Pim Bay and Pico Island. Close to essential services, such as schools, supermarkets and various shops, as well as the popular Porto Pim beach. This location is perfect for those who enjoy the outdoors, with direct access to the island's natural beauty. Faial is a growing island, both in the tourism and scientific sectors, hosting innovative projects linked to marine sciences and the blue economy, namely through the University of the Azores hub and the 'Blue Incubator'. Energy Rating: C
