Apartments in a new residential project on the coast of Madeira
Portugal, Funchal
ID PRT54218
Object sold
Apartments in a new residential project on the coast of Madeira
from €520,000
from 137 m² • from €6,250 m²
Portugal, Funchal
from 137 m²
1–4 beds
1–3 bathrooms
ID PRT54218
Cost
| Property cost | €520,000 – €2,500,000 |
| Price for m2 | €6,250 – €3,796 |
| Purchase taxes | IMT - 6-8%; IMI - 0,3-0,8% |
| State fees | 0,8% |
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Distances
50m to the ocean
29km to the airport
Infrastructure within a radius 100m
Yield and management
| Yield | 3—5% |
| Property management | Yes |
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. 1, 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.
This object is suitable for option €500 000.
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Real estate
| Object type | Residential complex, Apartments |
| Object category | New house |
| Object stage | Ready |
| Permits | On hand |
| Year of construction | 2022 |
| Design features | Ownership |
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Characteristics
| Total area | 195 m² |
| Total area | 137 m² – 400 m² |
| Number of storeys | 6 |
| Floor | 1, 5 |
| Bedrooms | 1–4 |
| Baths | 1–3 |
| Parking | Yes |
| View | ocean, pool |
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Equipment
Properties
Elevator
Сovered deck
Public pool
Pantry
Garden on the plot
Internet
TV
Location
Object sold
from €520,000
from 137 m² • from €6,250 m²
Zlata Erlach investmentprograms expert
Portugal Golden Visa
Real estate is eligible for participation in the program and obtaining a residence permit in Portugal.
Immigrant Invest is the official representative of the program.
€250,000+ Investment amount
2-6 months Obtaining period
Schedule a meeting
Let’s discuss the details
Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.
Zlata Erlach
Caribbean Investment Program Expert
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office, investment
programs expert