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Main / Property / Португалия /

Modern villa with panoramic ocean views in Madeira

Portugal, Funchal
ID PRT176786
Object sold
Modern villa with panoramic ocean views in Madeira
€4,100,000

857 m² • €4 784 m²

Portugal, Funchal
857 m²
4 beds
4 bathrooms
ID PRT176786

Cost

Property cost €4,100,000
Price for m2 €4,784
Purchase taxes IMT - 6%; IMI - 0,3-0,8%
State fees 0,8%
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Distances

1km to the ocean
20km to the airport
Infrastructure within a radius 2km

Yield and management

Yield 3—5%
Property management By agreement

Description

For sale is a three-storey house built on a plot of 1163 sqm in Sant Martinho, an area by the ocean with winding paths along the coast and the church of St. Martin on top of a hill with panoramic views. There are many hotels and open-air seafood restaurants near the Formosa beach, and luxurious cafes and cocktail bars near the port of Funchal. Also in this area is Fort St. Joseph – an ancient trading post and a naval fortress, which, according to legend, was visited by Christopher Columbus. It also houses the CR7 Museum, dedicated to the area’s famous football player Cristiano Ronaldo.

The villa has fantastic ocean and city views. The tranquility and silence of this place is also one of its main advantages. The house consists of 3 floors. On the ground floor there is a play area, 2 storage rooms, a maid’s room, a wine cellar, a technical communication area, a technical pool and irrigation area. On the ground floor are the main room (53 sqm), kitchen, pantry, laundry room, bedroom with ensuite bathroom, toilet, outdoor room (70 sqm), technical area (water, air conditioning, panels), swimming pool and another toilet, as well as a jacuzzi. The second floor consists of the main entrance, hall, office, room, 3 bedrooms and a full length balcony.

The property is eligible for the €500,000 option.

Specifications:

home automation control system
Central air conditioning system
Aged oak parquet with air gap (except bathrooms)
Solar system for sanitary water with overflow outlet to the pool
Indoor heated pool with panels + heat pump
wooden deck

– Less than 5 minutes by car to restaurants;
– Less than 10 minutes by car to supermarkets, pharmacies and other services;
– Less than 10 minutes by car to schools;
– 10-15 minutes walk to the beach;
– 10-15 minutes by car to the Shopping Center;
– 10 minutes by car to hospitals and clinics;
– 15 minutes by car to Funchal marina;
– 20 minutes by car to Madeira Airport.

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Real estate

Object type Villa
Object category Resale property
Object stage Ready
Permits On hand
Year of construction 2009
Design features Ownership
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Characteristics

Total area 857 m²
Number of storeys 3
Floor
Land area 1163 m²
Rooms
Bedrooms 4
Baths 4
Parking Yes
Parking type Garage
Number of parking spaces
View ocean, city, plot, garden
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Equipment

Central conditioning

Properties

Balcony
Private pool
Pantry
Garden on the plot
Semi-basement floor
Solar panels
Internet
TV

Location

Object sold
€4,100,000

857 m² • €4 784 m²

Zlata Erlach investment
programs 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
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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.

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