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Details about  Sao Miguel,Azores, Portugual "Land with one bed cottage"

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Sao Miguel,Azores, Portugual "Land with one bed cottage"
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Hi, I have been asked to list a friends property & land.The cottage requires refurbishment or

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11 Jun, 2014 19:54:33 BST
Item location:
taverham, United Kingdom


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Item specifics

Seller notes: Hi, I have been asked to list a friends property & land.The cottage requires refurbishment or re-development.The benefits though are the large plot of land on which it sits and having previous planning permission for apartments and swimming pool, giving it lots of potential. Ideal for investors or developers.All offers will be considered including part exchange for a smaller property


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Sao Miguel, Azores

Property Type:

cottage , land

For Sale Cottage in Sao Miguel Azores Portugal with land, 150 metres long X 50 metres deep. The price is 420,000 euros / £350,000, However All offers would be considered including part exchange for a smaller property.The one bedroom cottage is in need of refurbishment or re-development, it is based on the island of São Miguel (Azores, Portugal). The current cottage has an open plan design with a Kitchen, lounge, two fire places, spacious bedroom, shower and laundry room. The cottage sits behind a well built lava stone wall with grand metal gates. The grounds were extensively redesigned in 2004 to lend easy use for equestrian keeping /training. The property has four, nine metre wide gates with two metre high stone walls. The rear gate leads onto footpaths leading through pastures and hills which are excellent for horse trails.The property is located on the north side of the island in the village of Capelas. Set in the countryside with unobstructed ocean views it is conveniently located 13km from the city of Ponta Delgada. The property benefits from having high end worth neighbours with similar large properties, both to the side and across from this property. São Miguel (Azores) is known as the green island, due to the abundance of pasture and forest covered peaks, it is the largest and most enchanting islands on the Azores.The islands are serviced regularly by local and national air passenger carriers from Manchester, Gatwick and Heathrow by SATA the Azorean airline, with regular flights from the USA and Canada, SATA also provides daily flights to the other 8 islands in the archipelago. Other European airlines also have regular air service. All islands also a sea ferry provider.Coordinates Latitude 37, 8131 Longitude 25, 6848 Property total 150 metres long X 50 metres deep, STC, subject to confirmation.The property had previous planning permission for 22 two bedroom condos and swimming pools. This is a great opportunity for anyone looking for an investment or would make a beautiful holiday home. Foreign buyers benefit from 8 years of land tax deferral.Since 2008 the property has been zone urban development, under the local government municipality plan, giving uses for residential, tourism use, agricultural uses. For a single residential use 40% of the land mass can be used for development. For tourist use 70% of the land mass can be used for development.Should you require any information, the present owner is willing to provide further information and local knowledge. The seller is very flexible in terms of condition of sale, International buyers welcomed. Should you require any further information please email me and i will pass on your details to the owner, who will contact you at a conveniant time. Thank you.

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