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Investment Opportunity - Building with Great Potential on Faial Island
Property located on the Regional Road, in the parish of Ribeirinha, municipality of Horta, Faial Island - Azores, just 9 km from the city of Horta. Located on a large plot of 5,324sqm, this single-storey building offers excellent conditions for various types of projects, whether in the area of services, housing or tourism.

Currently allocated to services, the space is rented and operating as a gym, presenting a configuration adapted to this activity. The building has:

- Reception
- Large room equipped for machines and weight machines and more
- Multifunctional room for group classes (yoga, pilates, step, etc.)
- Men's and women's changing rooms and toilet facilities
- Storage room and technical areas

Outside, there is a vast garden area and a parking space, which adds value and convenience to the property.

Note: Currently existing equipment and furniture are not included in the sale.

Current Situation
The property is leased until the end of October 2025, with a monthly rent of €500, which represents an immediate income for investors.

Property Areas
Total land area: 5,324sqm
Implantation area: 406sqm
Building area: 406sqm
Note: There is a part of the aforementioned construction area (about 110sqm), at the back of the building, whose construction has not been fully completed.
Uncovered area: 4,918sqm

Highlights
- Strategic location, with easy access to the city of Horta
- Potential for reconversion for various purposes (services, housing or tourism)
- Large outdoor area
- Guaranteed short-term income

This is an excellent opportunity for those looking to invest in a versatile property, with potential for appreciation and inserted in a unique natural setting, typical of the Azores.

Ribeirinha, Horta, Ilha do Faial

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