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387 000 €
House T4 in Ponta Delgada (São Sebastião), Ponta DelgadaPonta Delgada, Ilha de São Miguel
House T4 in Ponta Delgada (São Sebastião) with multimedia
197 m²
4 Bedrooms
3 WC
Skip to main contentEnergy efficiency 
Bruno Andrade
House T4 for sale
Identificação do imóvel: ZMPT589443 Located on Rua do Passal, in the heart of Ponta Delgada, this T3+1 townhouse represents an excellent opportunity for those seeking a spacious home in a central location or an investment with strong appreciation and rental income potential. Just a few minutes from the University of the Azores, the property benefits from an increasingly sought-after location for both short- and long-term rental projects. With a gross construction area of 196.7 sqm spread across 3 floors, the property offers generous living spaces, excellent natural light, and a functional layout that can easily adapt to the needs of a modern family or an investment project. The property has also benefited from several recent improvements, including: - Recently replaced roof structure; - Installation of skylights on the upper floor, increasing natural light; - Double-glazed window frames; - Window shutters; - Water heating cylinder installed. Property Layout by Floors Ground Floor - Entrance hall and circulation corridor; - 1 spacious bedroom (with potential for independent use); - Open-plan living and dining area; - Bathroom; - Functional kitchen with good natural light; - Pantry/storage room; - Suite with second bathroom; - Patio/outdoor area; - Laundry area; First Floor - Distribution hall; - 1 spacious bedroom; - Living room; - Kitchen; - Laundry area; - Private terrace; Second Floor - Spacious bedroom; - Versatile area suitable for an additional bedroom, office, leisure room or storage; - Potential integration into a 2+1 bedroom living concept. Investment Potential and Versatility: One of the property’s main highlights is its remarkable versatility from an investment perspective. The current configuration allows for multiple usage possibilities, whether as a permanent residence, traditional rental investment, or tourism-related project. Thanks to its internal layout and floor distribution, the property presents particularly attractive conditions for segmented use, maximizing rental return potential. Possible investment strategies include: - Renting the property as a full T3+1 townhouse; - Creating an independent bedroom rental on the ground floor; - Developing a T2 or T1 unit with patio on the ground floor; - Using the upper floors as an independent T2+1 unit; - Student accommodation project due to the proximity to the University of the Azores; - Potential conversion into a local accommodation project, guesthouse, or urban hostel. SUPPORT & TAX BENEFITS: The property is located within an ARU urban rehabilitation zone, covered by the REVIVA urban renewal program, allowing access to highly attractive tax incentives, including: - IMT and IMI exemption for up to 10 years for permanent residence; - IMI exemption for up to 5 years for second homes or investment properties; - Strong appreciation potential in one of the city’s most sought-after urban areas. LOCATION: The parish of São Sebastião, historically known as Matriz, forms part of the urban heart of Ponta Delgada and combines heritage, tradition, and convenience. The area offers a wide range of shops, services, schools, cultural spaces, and quick access to the city’s main roads. Its proximity to the marina, historical areas, and the university makes this location especially attractive for both residents and investors. Rua do Passal has increasingly stood out due to strong real estate demand, particularly linked to urban rehabilitation and the development of tourism and residential projects. Several recent investments in the area confirm the strong appreciation potential of this urban axis. If you are looking for a property with a strategic location, generous areas, and strong appreciation potential, this could be the ideal opportunity for your next investment project or future home. Important note: Under Regional Legislative Decree no. 9/2025 of February 12, adapting Decree-Law no. 101-D/2020 to the Autonomous Region of the Azores, and according to Article 32, the Energy Certificate is currently being obtained. Please also note that the municipal inspection for the issuance of the updated Use License has already taken place, and the process is currently underway. 3 reasons to buy with Zome: Constantly accompanied With the best training and experience in the real estate market, Zome’s agents are fully dedicated to providing you with the best assistance, guiding you with full confidence in the right direction to meet your needs and ambitions. From here onwards we will create a close relationship and carefully listen to your expectations, because our priority is your happiness! Because it is important that you feel you are being accompanied, and that we will be with you every step of the way. Simpler Zome’s agents are given unique training on the market, based on practical experience sharing between professionals and strengthened by applied neuroscientific knowledge that allows them to simplify and make their real-estate experienc
Details
Construction Year1955
Gross Area m²79
ElevatorNo
Private Gross Area m²197
Living Area m²197
GarageNo
Total Lot Size m²88
Price m²1 964 €
Floor- -
Location
Attributes
Terrace
Storage Room
Garden
Central Heating
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Additional link:https://zome.pt/pt/ZMPT589443
Origin Listing reference:id. ZMPT589443
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