Contemporary apartments on the island of Madeira with a guaranteed return
Portugal
Investment Costs
| Property price | €315,000 — €365,000 |
| Price per m² | €4,345.24 — €4,846.15 |
Distances & Location
About This Property
This property qualifies for the Portugal Golden Visa programme. EU residency via real estate investment in Portugal.
available for purchase are apartments in a renovated residential development in the city of Funchal, the capital of the island of Madeira, just fifteen minutes from the international airport, which offers daily flights from many European cities. the development offers a unique living experience in the heart of the city. Madeira is known for its breathtaking scenery, from volcanic mountains to gorgeous, lush flowers and forests. The island boasts subtropical weather, delicious food and aromatic wines. Madeira is often called the eternal pearl of the Atlantic. Due to their excellent geographical position, the islands enjoy mild weather with moderate humidity and a pleasant average temperature of 25°C in summer and 17°C in winter. the development is designed as a private condominium with a small front garden and offers 19 spacious studios and one bedroom apartments with private terraces or balconies, open kitchen and living area. Guaranteed rental income will be 3% per year.
Real estate
| Object type | Apartments |
| Object category | Renovation |
| Object stage | Design |
| Permits | Yes |
| Completion date | April 2027 |
Characteristics
| Total area | 65 m² |
| Number of storeys | 2 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Parking | No |
| Renovation | Standard |
| Furniture | Partially furnished |
| View | City, Garden |