luxury contemporary houses for sale Madalena, Portugal

Discover a seamless blend of modern living and pristine natural surroundings on Pico Island in the Azores. This unique forest villa, designed by renowned architect Diogo Mega, harmoniously integrates traditional Azorean materials with contemporary comforts. Situated on Santo Amaro hill, it stands as the last available residence within a sought-after eco-resort development. Surrounded by lush greenery, this home offers panoramic Atlantic Ocean views from nearly every window. Pico Island is renowned for its striking natural landscapes, volcanic terrain, and wine production. The cottage enjoys a hillside location, affording captivating vistas of the Atlantic Ocean, neighbouring São Jorge island, and the coastal surroundings. Its accessibility is a notable asset, as Pico is a short flight from the USA and Europe, and the cottage is conveniently situated just a brief drive from the airport, making it an easily reachable destination. About the Property Sold fully-furnished and in turnkey condition, this two-bedroom property spans 197 sqm across two levels. The lower floor houses the bedrooms and a workspace, while the upper floor hosts an open-plan social area leading to a deck. Notable features include high-quality finishes, the utilization of indigenous materials like volcanic stone and local wood (cryptomeria japonica), and access to a shared pool, adding a distinctive touch to the residence. It offers panoramic views encompassing the lush forest and the Atlantic Ocean. Investment Potential The Azores, celebrated for its natural beauty, favourable climate and hospitable residents, is witnessing rapid growth in tourism. High demand for vacation rentals drives escalating property values. Consequently, this singular property in the Forest Homes development stands as a prime investment opportunity. It can serve as both a source of income through rentals and a personal retreat when unoccupied. ATHENA ADVISERS - Added value and 360° purchase support since 2003 In addition to organising property viewings from our offices in the French Alps and Cannes, our in-house teams also support clients through every step of the purchase process: accessing the 20% VAT rebate programme, finding the best French mortgage at a low rate, and introducing you to the best rental management company via our in-house service or partner agencies. We also decode the paperwork and contracts and become the bridge between all the different legal and official parties involved in the purchase, guiding our clients through every step of the process.