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3-Bedroom Home in Piedade – Perfect for Family Living, Holidays, or as a Rental Investment | Pico Island, Azores Looking for a move-in-ready home that’s perfect for family life, relaxing holidays, and with the potential to generate income as a short-term rental? This beautifully maintained property
Lajes do Pico, Ilha do Pico, Portugal
REF: 996132
€279,000
Description
3-Bedroom Home in Piedade – Perfect for Family Living, Holidays, or as a Rental Investment | Pico Island, Azores Looking for a move-in-ready home that’s perfect for family life, relaxing holidays, and with the potential to generate income as a short-term rental? This beautifully maintained property in Piedade, on the stunning island of Pico, offers all of that — and more. Set in a peaceful area just minutes from the sea, hiking trails, and essential amenities, this fully furnished home combines modern comfort with the tranquility of Azorean island life. Property layout: Upper floor: 3 spacious bedrooms, all with air conditioning Modern, fully equipped kitchen with brand-new appliances Bright and cozy living room 2 full bathrooms Ground floor: Generous storage space, easily adaptable to your needs Features: Solar-powered heat pump for energy-efficient hot water Air conditioning throughout the house Fully furnished and ready to live in Well-kept garden with fruit trees Private parking inside the property Prime location: Just 20 minutes from the whaling village of Lajes do Pico Only 5 minutes from swimming areas and scenic walking trails 3 minutes from local supermarkets, pharmacy, and restaurants in the village Whether you're looking for a full-time family residence, a vacation home in the Azores, or a property with great potential for rental income as a licensed Alojamento Local (Local Accommodation), this home is a smart and versatile choice in one of the most authentic corners of the archipelago. #ref: 145205
3-Bedroom Home in Piedade – Perfect for Family Living, Holidays, or as a Rental Investment | Pico Island, Azores Looking for a move-in-ready home that’s perfect for family life, relaxing holidays, and with the potential to generate income as a short-term rental? This beautifully maintained property in Piedade, on the stunning island of Pico, offers all of that — and more. Set in a peaceful area just minutes from the sea, hiking trails, and essential amenities, this fully furnished home combines modern comfort with the tranquility of Azorean island life. Property layout: Upper floor: 3 spacious bedrooms, all with air conditioning Modern, fully equipped kitchen with brand-new appliances Bright and cozy living room 2 full bathrooms Ground floor: Generous storage space, easily adaptable to your needs Features: Solar-powered heat pump for energy-efficient hot water Air conditioning throughout the house Fully furnished and ready to live in Well-kept garden with fruit trees Private parking inside the property Prime location: Just 20 minutes from the whaling village of Lajes do Pico Only 5 minutes from swimming areas and scenic walking trails 3 minutes from local supermarkets, pharmacy, and restaurants in the village Whether you're looking for a full-time family residence, a vacation home in the Azores, or a property with great potential for rental income as a licensed Alojamento Local (Local Accommodation), this home is a smart and versatile choice in one of the most authentic corners of the archipelago. #ref: 145205
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Currency Exchange
Lajes do Pico, 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 €279,000 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 |
|---|---|---|---|
| €279,000 | £230,301 | £242,197 | £11,897 |
| Property Price € | €279,000 |
| Minimum cost in the last six months | £230,301 |
| Maximum cost in the last six months | £242,197 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,897 |
Lajes do Pico, 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 €279,000 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 |
|---|---|---|---|
| €279,000 | £230,301 | £242,197 | £11,897 |
| Property Price € | €279,000 |
| Minimum cost in the last six months | £230,301 |
| Maximum cost in the last six months | £242,197 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,897 |
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 £11,897 more.
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