Investment Building With Active Short Term Rental Licenses, Commercial Space And Expansion Potential

Excellent investment opportunity located in the parish of Ginetes, municipality of Ponta Delgada, in a prime location right in the heart of the village, within walking distance of shops, services, restaurants and all local amenities.

Set on a 1,125 sqm plot, this urban building offers a Gross Construction Area of 451.73 sqm, spread over three floors, combining residential, tourism and commercial uses.

The property comprises:

✔ Two 2-bedroom apartments, both operating with active Short-Term Rental (AL) licenses, enjoying strong occupancy rates throughout the year. One of the apartments is a duplex, providing additional comfort and privacy for guests.

✔ Commercial space on the ground floor, currently operating as a café/snack bar and leased, generating an additional source of income.

✔ Independent side access leading to a spacious outdoor area with parking capacity for 6 or more vehicles, in addition to the existing garage.

✔ Additional annex with development potential, ideal for renovation and conversion into a studio apartment, further increasing accommodation capacity and rental income.

✔ Landscaped garden area with barbecue facilities, creating a pleasant leisure space for guests and visitors.

This property stands out for its versatility, combining tourism accommodation income, commercial rental income and future expansion potential within a single investment.

A unique opportunity for investors seeking a property with an established business operation, strategic location and excellent profitability potential on the western side of São Miguel Island.

A secure and diversified investment, ready to generate income from day one.