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Apartments in a hotel complex on the coast of Madeira Island

Portugal, Funchal
ID PRT209092
Object sold
Apartments in a hotel complex on the coast of Madeira Island

35 m² • €5,000 m²

Portugal, Funchal
35 m²
1 bed
1 bathroom
ID PRT209092


Property cost €175,000
Price for m2 €5,000
Purchase taxes IMT - 5%; IMI - 0,3-0,8%
State fees 0,8%
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Ocean 500m
Airport 20km
Infrastructure 500m

Yield and management

Yield 2—5%
Property management Yes


For sale are apartments in a hotel complex overlooking a beautiful bay in Funchal, the capital of the island of Madeira, in the most prestigious and central tourist location. The beach, Lido natural pools and Funchal city center are within walking distance, while Madeira International Airport is 20 km away.

The hotel complex has a spa, indoor and outdoor pools, sauna, jacuzzi, gym, children’s area, tennis court, games room, 3 restaurants, 3 bars, night club, event room and free Wi-Fi.

The cost of the investment is 350,000€. The price includes 2 hotel rooms at 175,000€ each (renovations included). The group guarantees investors an upfront payment of 5% of the rental income for 5 years, and after 5 years the rent will be guaranteed by the hotel group through a pool system with a guarantee of at least 2%.

The property is eligible for the €350,000 option.

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Real estate

Object type Hotel complex, Apartments
Object category New house
Object stage Ready
Permits On hand
Design features Ownership
Possibility of stay no
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Total area 35 m²
Number of storeys 9
Bedrooms 1
Baths 1
Parking Yes
Repair Standard
Furniture Furnished
View ocean, city
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Split system conditioning


Public pool
Concierge desk
Kids club
Tennis court
Garden on the plot


Object sold

35 m² • €5,000 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 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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