Apartments in a new residential project on the coast of Madeira

Apartments in a new residential project on the coast of Madeira
Portugal, Funchal
ID – PRT54218
Price
from 495 000 €
Size
from 135 m²
Beds
2-3

Price

Selling price 495 000 € - 1 400 000 €
Cost m² 3 562 € - 3 667 €
Purchase taxes IMT - 6-8%; IMI - 0,3-0,8%
State fees 0,8%

50m

to the ocean

29km

to the airport

100m

infrastructure

Profitability and management

Real estate yield (year) 3 - 5%
Property management Yes

Assistance in the sale of the object upon exiting the investment!

Description

The project is represented by a condominium in one of the modern residential areas of Funchal – Ajuda. Funchal is a picturesque metropolitan city stretched along the ocean coast in the south of Madeira. It is the most important commercial and industrial center. The decoration of the city is a busy seaport, where rows of white yachts are moored and cruise ships are parked. The project is located just minutes from the city center, highway, shopping center, cinemas and the beach.

The complex consists of 10 buildings with 6 floors. 2 and 3 bedroom apartments are available for sale. All apartments have a parking space and a storage room. The pool, grounds and fantastic location are some of the benefits for future buyers/investors.

The property

Object category New house
Object stage Construction
Permits On hand
Object completion date 2022
Design features Ownership

Characteristics

Total area 195 м²
Total area 135 m² - 393 m²
Number of storeys 6
Bedrooms 2-3
Parking Yes
View ocean, pool

Equipment

Properties

Elevator Сovered deck Public pool
Pantry Garden on the plot Internet
TV

Location

Portugal, Funchal

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Svetlana
Gorchakova

Sales Director