1950 house in Lajes do Pico — 725 m² of urban land, roof and structure sound A 1950 house in Lajes do Pico, 150 m² of built area over two floors, on 725 m² of land classified in its entirety as consolidated urban land under the municipal plan. The structure is sound and the roof is in good condition, requiring no work — precisely the item that is hardest to budget for in any renovation, and here already settled. What it needs is defined and limited: reinforcement of the intermediate floor, an internal staircase linking the two levels, and new doors and windows with louvred shutters. As in many old Pico houses, the two floors worked independently; joining them is what turns two spaces into a home. No roof to replace, no walls to raise. The land is what sets this property apart. These are not 725 m² of garden: they are 725 m² of urban land, with no part in agricultural or ecological reserve. The plan allows site coverage of up to 60%, meaning 435 m² of building footprint. The house occupies 90 m² — around 345 m² remain available, over two floors. That opens two routes, which can be combined. Renovate what exists, using the 30 m² of ground floor not yet built above — an extension that consumes no land and needs no new foundations. Or build a second, independent house with its own access: live in one, let the other, or two homes for two generations. €120,000