Block of 4 Apartments with Land of 12.232sqm and Ruin - Excellent Investment Opportunity in Urzelina

We present an excellent investment opportunity in the parish of Urzelina, composed by a housing block consisting of four apartments, namely two T2, one T1 and one T3, complemented by a ruin and a large plot of land with a total area of 12,232sqm.
The multi-family building offers a versatile solution, ideal for both income through long-term leasing and for tourist exploitation, benefiting from a quiet location and easy access. The typological diversity of the apartments allows to cover different demand profiles, from couples and small families to larger households.
The property also integrates a ruin with potential for reconstruction or use, subject to viability and council approval, which adds value and possibility of expansion or additional development to the investment.
The land with more than 12 thousand square meters is one of the major highlights of the property, offering multiple possibilities of use, whether for expansion of the existing project, creation of outdoor leisure spaces, agricultural development or implementation of new values, always in accordance with the territorial management instruments in force.
Inserted in an area of strong landscape and recognized quality of life, this real estate represents a solid opportunity for investors looking for profitability, potential of appreciation and margin for future growth.
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Urzelina (São Mateus), Velas, Ilha de São Jorge

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