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Contemporary apartments with one-two bedrooms and commercial premises, Funchal, Madeira

Funchal, Portugal

Investment Costs

Property price€315,000 — €450,000
Price per m²€4,891.3 — €4,921.88

Distances & Location

Sea 600 m
Infrastructure 100 m
Airport 24 km

Location

Yield & Management

Rental yield3-5%

About This Property

This property qualifies for the Portugal Golden Visa programme. EU residency via real estate investment in Portugal.

This property sits within the town Funchal, Madeira. all essential amenities and services is in the close proximity: retail and dining options, cafes, educational institutions. Nearby there are such attractions as the Palace with the tropical garden “Monte”, the Funchal Cathedral, the Monastery of Santa Clare, etc. Available for purchase are apartments with 1-2 bedrooms with views of the ocean, green spaces, city, located in a residential development. Renovation is being carried out using modern technologies and preserving historical heritage. refined modern design, contemporary architecture, decoration in neutral tones create a comfortable environment. Floor-to-ceiling windows fill the rooms with sunlight. The living rooms have separate dining areas that can comfortably accommodate six people, providing an ideal setting for family and friends’ gatherings. Private balconies allow residents to enjoy the beauty of the rising sun and the pleasant Atlantic climate. Advantages of the development: stylish design developed infrastructure built-in wardrobes premium-quality plumbing unique living space combination of tradition/modernity

Real estate

Object typeResidential complex,Apartments
Object categoryRenovation
Object stageDesign
PermitsYes
Completion dateAugust 2027

Characteristics

Total area64 m²
Number of storeys4
Bedrooms1—2
Bathrooms1—2
ParkingNo
RenovationStandard
FurniturePartially furnished
ViewOcean, City, Garden, Road

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