For sale House T5+ Angra do Heroísmo, Sé

House
5
2
376 m²

Reference: M911

For sale 390.000 €

Reserved Investment

Classe Energética

Description

This property is a unique investment opportunity in the heart of Angra do Heroísmo, a UNESCO World Heritage city. This house consists of three floors, located in one of the most emblematic arteries in the parish of Sé.

• Implementation Area: 125.19 m²
• Total Land Area: 206 m²
• Conservation Status: Good
• Approved Project: There is an architectural project approved by the City Council for the transformation of the building into three T2 apartments, which represents excellent profitability potential. (The plans are attached).

Differentiating itself from many old buildings, this house does not have any wooden structure, being entirely built in reinforced concrete. In addition to providing greater security and stability to the building, this feature completely eliminates the vulnerability of termites, a common concern in the Azores. Therefore, it is not only an attractive investment, but also structurally safe and long-lasting.

The project is developed over 3 floors, with a total of 3 T2 apartments (1 apartment per floor), access to the apartments is through a hall common to the entire building:
• Apartment 1, on floor 0, consists of an entrance hall, 1 bathroom, 2 bedrooms with private bathroom facilities, and an open space, with a living room, dining room and kitchen. Adjacent to the kitchen is the laundry room. The kitchen and dining space has a direct connection to a porch and outdoor patio.
• Apartment 2, floor 1, consists of an entrance hall leading to the living room, kitchen, dining space and toilet. Next to the kitchen there is a corridor that gives access to a common bathroom and 2 bedrooms. The social area of the apartment has a direct connection with an outdoor patio at the back, including a covered clothesline area.
• Apartment 3, floor 2, consists of a living room, dining space and kitchenette, in an open space, benefiting from an existing fireplace to be maintained. It also has 2 bedrooms, common bathroom facilities and a pantry/laundry room. One of the bedrooms is located under a mansard, set back from the main facade, which allows natural lighting and ventilation of the space, a comfortable ceiling height and storage space.

Facilities (water, electricity, sewage) are relatively recent. At this time, as the property is closed, the electricity and water services have been deactivated. For this reason, if you are interested after the first visit, we recommend that you bring qualified technicians with you in the areas of electricity and plumbing for an on-site assessment.

Bathrooms: They follow the same standard as the facilities – they are recent and functional, with normal signs of use. Still, depending on taste and requirements, you may consider small upgrades for greater comfort.

It has a small annex, as you can see in the photographs, it is in a reasonable condition, but needs improvements.

The property has outdoor space on both the 1st and 2nd floor, which would initially allow the expansion of the living area or the construction of new annexes. However, despite this availability of area, it is unlikely that the expansion will be viable, as it may exceed the permitted construction limits. Furthermore, this change would compromise one of the property's greatest attributes: the existence of outdoor space in the city center, something increasingly rare and valued. Naturally, this information requires confirmation from the Angra do Heroísmo City Council.
The city center is equipped with diverse commerce, there are a variety of restaurants, essential services, social facilities and infrastructure nearby. The prominent buildings that characterize this historic center so well stand out, such as the Paços do Concelho building, Palácio dos Capitães Generais, Igreja do Colégio, Igreja da Misericórdia, Angra do Heroísmo Cathedral, Museum, among many others.

It has good road access networks and public transport frequencies.