Exclusive Vineyard Land on Pico Island – A Unique Investment Opportunity Pico Island, one of the most iconic in the Azores archipelago, is renowned for its natural beauty, world-famous wine culture, and breathtaking landscapes that blend the deep blue of the Atlantic with the imposing presence of P

Madalena, Ilha do Pico, Portugal

For Sale

€235,000

REF: 957486 €235,000


20010 m2

20010 m2

Description

Exclusive Vineyard Land on Pico Island – A Unique Investment Opportunity Pico Island, one of the most iconic in the Azores archipelago, is renowned for its natural beauty, world-famous wine culture, and breathtaking landscapes that blend the deep blue of the Atlantic with the imposing presence of Portugal’s highest mountain.

It is in this idyllic setting that we find this exceptional 20,000 square meter plot, a property that offers not only a secure investment but also the opportunity to create a life project surrounded by tranquility and unique natural surroundings. Land Features This property stands out for its vast potential and unique characteristics that make it a differentiated investment: Total Area: 20,000 square meters, currently used for vineyard cultivation, one of Pico Island’s most recognized assets.

Building Capacity: 350 square meters, allowing for the construction of a residence or a charming tourism project. Subdivision Possibility: The land can be divided into two plots of 10,000 square meters, offering multiple development opportunities. Prime Location: Just 5 minutes from the center of Vila da Madalena do Pico, the island’s main urban hub.

Proximity to Essential Infrastructure: 5 minutes from popular bathing areas on the island. 7 minutes from Pico Airport, ensuring easy connections to other islands and the mainland. 5 minutes from Madalena do Pico Passenger Port, providing quick access to Faial Island. Stunning Views: The land boasts spectacular views of the ocean, São Jorge Island, and the majestic Pico Mountain.

Tranquil Area: Located in a peaceful zone, ideal for those seeking privacy and a relaxing lifestyle while still being close to essential services. Hiking Trails Nearby: Surrounded by multiple walking trails, offering opportunities to explore the island’s remarkable natural beauty. A Land with History and Potential The vineyard on this land is more than just a scenic element.

Pico is globally recognized for its high-quality wine, produced in volcanic soils and under an Atlantic climate, which lends unique characteristics to its grape varieties. The Pico Island Vineyard Culture Landscape has been classified as a UNESCO World Heritage Site, highlighting the cultural and historical significance of viticulture in the region.

This land offers the opportunity to continue this tradition, whether for personal production, selling grapes to local winemakers, or developing a wine tourism project that capitalizes on the growing interest in sustainable tourism and authentic experiences. Development and Construction Potential With 350 square meters of buildable space, this land allows for various residential or tourism-related projects.

Some of the most appealing possibilities include: Private Residence: Constructing a modern or traditional Azorean-style home, featuring large windows to make the most of the breathtaking views. Tourism Development: A boutique guesthouse or rural tourism project, tapping into the increasing demand for authentic travel experiences.

Private Winery: A space dedicated to wine production and tasting, perfect for those looking to engage in Pico’s viticulture culture. Eco Resort: A small sustainable tourism venture that combines nature, hospitality, and the preservation of the region’s winemaking heritage. The option to divide the land into two 10,000-square-meter plots further enhances investment possibilities.

You can either maintain the property in its entirety or split it to develop distinct projects. Strategic Location and Quality of Life Being close to Vila da Madalena do Pico, the island’s main urban center, ensures easy access to supermarkets, schools, healthcare services, restaurants, and local commerce.

At the same time, the land is situated in a tranquil area, away from the hustle and bustle, making it ideal for those looking for a peaceful lifestyle close to nature. The nearby bathing areas provide perfect spots for relaxation and ocean activities, while the surrounding hiking trails offer unique opportunities to explore the island’s biodiversity.

Easy access to the airport and passenger port ensures quick connections to other islands and the mainland, making this land an excellent choice for both permanent residence and tourism investment. A Secure and Sustainable Investment Pico Island has seen a significant increase in real estate demand, driven by the rising interest in sustainable tourism, viticulture, and the exceptional quality of life the island offers.

The local real estate market remains stable and continues to appreciate, making this land a safe and high-return investment. Additionally, embracing sustainable agricultural practices, such as maintaining the vineyard and leveraging the island’s natural conditions for an eco-friendly project, adds further value to the property.

Conclusion This unique 20,000-square-meter plot on Pico Island offers all the conditions for an exceptional investment. With a strategic location, stunning views, and diverse development potential, this property is ideal for those seeking an exclusive opportunity in the heart of the Azores. Whether you are looking for a secure investment, a peaceful retreat, or an innovative project in one of Portugal’s most authentic and preserved locations, this could be the perfect opportunity for you. #ref: 138997
Exclusive Vineyard Land on Pico Island – A Unique Investment Opportunity Pico Island, one of the most iconic in the Azores archipelago, is renowned for its natural beauty, world-famous wine culture, and breathtaking landscapes that blend the deep blue of the Atlantic with the imposing presence of Portugal’s highest mountain.

It is in this idyllic setting that we find this exceptional 20,000 square meter plot, a property that offers not only a secure investment but also the opportunity to create a life project surrounded by tranquility and unique natural surroundings. Land Features This property stands out for its vast potential and unique characteristics that make it a differentiated investment: Total Area: 20,000 square meters, currently used for vineyard cultivation, one of Pico Island’s most recognized assets.

Building Capacity: 350 square meters, allowing for the construction of a residence or a charming tourism project. Subdivision Possibility: The land can be divided into two plots of 10,000 square meters, offering multiple development opportunities. Prime Location: Just 5 minutes from the center of Vila da Madalena do Pico, the island’s main urban hub.

Proximity to Essential Infrastructure: 5 minutes from popular bathing areas on the island. 7 minutes from Pico Airport, ensuring easy connections to other islands and the mainland. 5 minutes from Madalena do Pico Passenger Port, providing quick access to Faial Island. Stunning Views: The land boasts spectacular views of the ocean, São Jorge Island, and the majestic Pico Mountain.

Tranquil Area: Located in a peaceful zone, ideal for those seeking privacy and a relaxing lifestyle while still being close to essential services. Hiking Trails Nearby: Surrounded by multiple walking trails, offering opportunities to explore the island’s remarkable natural beauty. A Land with History and Potential The vineyard on this land is more than just a scenic element.

Pico is globally recognized for its high-quality wine, produced in volcanic soils and under an Atlantic climate, which lends unique characteristics to its grape varieties. The Pico Island Vineyard Culture Landscape has been classified as a UNESCO World Heritage Site, highlighting the cultural and historical significance of viticulture in the region.

This land offers the opportunity to continue this tradition, whether for personal production, selling grapes to local winemakers, or developing a wine tourism project that capitalizes on the growing interest in sustainable tourism and authentic experiences. Development and Construction Potential With 350 square meters of buildable space, this land allows for various residential or tourism-related projects.

Some of the most appealing possibilities include: Private Residence: Constructing a modern or traditional Azorean-style home, featuring large windows to make the most of the breathtaking views. Tourism Development: A boutique guesthouse or rural tourism project, tapping into the increasing demand for authentic travel experiences.

Private Winery: A space dedicated to wine production and tasting, perfect for those looking to engage in Pico’s viticulture culture. Eco Resort: A small sustainable tourism venture that combines nature, hospitality, and the preservation of the region’s winemaking heritage. The option to divide the land into two 10,000-square-meter plots further enhances investment possibilities.

You can either maintain the property in its entirety or split it to develop distinct projects. Strategic Location and Quality of Life Being close to Vila da Madalena do Pico, the island’s main urban center, ensures easy access to supermarkets, schools, healthcare services, restaurants, and local commerce.

At the same time, the land is situated in a tranquil area, away from the hustle and bustle, making it ideal for those looking for a peaceful lifestyle close to nature. The nearby bathing areas provide perfect spots for relaxation and ocean activities, while the surrounding hiking trails offer unique opportunities to explore the island’s biodiversity.

Easy access to the airport and passenger port ensures quick connections to other islands and the mainland, making this land an excellent choice for both permanent residence and tourism investment. A Secure and Sustainable Investment Pico Island has seen a significant increase in real estate demand, driven by the rising interest in sustainable tourism, viticulture, and the exceptional quality of life the island offers.

The local real estate market remains stable and continues to appreciate, making this land a safe and high-return investment. Additionally, embracing sustainable agricultural practices, such as maintaining the vineyard and leveraging the island’s natural conditions for an eco-friendly project, adds further value to the property.

Conclusion This unique 20,000-square-meter plot on Pico Island offers all the conditions for an exceptional investment. With a strategic location, stunning views, and diverse development potential, this property is ideal for those seeking an exclusive opportunity in the heart of the Azores. Whether you are looking for a secure investment, a peaceful retreat, or an innovative project in one of Portugal’s most authentic and preserved locations, this could be the perfect opportunity for you. #ref: 138997
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Currency Exchange

Madalena, Ilha do Pico, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €235,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€235,000 £193,617 £204,001 £10,385
Property Price € €235,000
Minimum cost in the last six months £193,617
Maximum cost in the last six months £204,001
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,385

Madalena, Ilha do Pico, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €235,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€235,000 £193,617 £204,001 £10,385
Property Price € €235,000
Minimum cost in the last six months £193,617
Maximum cost in the last six months £204,001
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,385

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £10,385 more.

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