Apartments in a residential complex with swimming pools

Apartments in a residential complex with swimming pools
ID – 54232
from 280 000 €
from 89 m²


Selling price 280 000 € - 525 000 €
Cost m² 3 241 € - 3 146 €
Purchase taxes IMT - 8%; IMI - 0,3-0,8%
State fees 0,8%


to the ocean


to the airport



Profitability and management

Real estate yield (year) 4 - 5%
Property management Yes

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


The project is represented by a residential complex located in the Virtudes area, a 5-minute walk from the center of Funchal and the ocean. The complex is distinguished by the presence of recreation areas, which include two swimming pools, a solarium and a garden of about 5000 sqm. The project consists of 1, 2 and 3 bedroom apartments located in two blocks, one of which has underground parking. In addition to the spacious building area and the quality of materials and finishes, the building was designed with the comfort and safety of everyday life in mind: glass facades, air conditioning, smart house technologies, verandas.

The project is located in a residential area, close to primary and secondary schools, hospital, Barreiros stadium, as well as several shops, pharmacies, grocery stores with easy access to the city center and highway.

The building is being built on a hill and is oriented to the south, which allowed unobstructed views of the bay.

The property

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


Total area 158 м²
Total area 89 m² - 162 m²
Number of storeys 5
Floor 1, 3
Bedrooms 1-3
Baths 1-3
Parking Yes
Parking type Underground
Repair Standard
Furniture Partially furnished
View mountain, ocean, city



Elevator Сovered deck Public pool
Pantry Garden on the plot Internet



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