Modern apartments on the island of Madeira with a guaranteed return

For sale are apartments in a renovated residential complex 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 project 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 complex 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. Estimated yield start - April 2026. The property is eligible for the €350,000 option. Estimated yield start - April 2026.