Apartments in a modern residential complex near the beach
Portugal, Funchal
from €375,000
61 m² • from €3,823.53 m²
Elena Kozyrevaexpert of the Portugal residence permit program for investment
Portugal D7 Visa
4+ months€820+Portugal does not grant residence permits for investments in real estate under the Golden Visa program.
However, property purchase or rental is obligatory when obtaining a residence permit under a D7 visa.
Learn moreCost
Property cost
€375,000 — €520,000
Price for m²
€3,823.53 — €6,147.54
Purchase taxes
IMT - 6-8%; IMI - 0,3-0,8%
State fees
0,8%
Distances
Ocean 500 m
Infrastructure 200 m
Airport 23 km
Yield and management
Yield
4-5%
Property management
Yes
We will help you sell the object if you decide to exit the investment
Description
The project is represented by a 7-storey residential complex with a swimming pool in the Ajuda area - one of the newest areas of Funchal. Funchal is the largest city, municipal center and capital of Portugal Autonomous Region of Madeira, bordering the Atlantic Ocean. Due to its high cultural and historical value, Funchal is one of the main cities in Portugal.The complex is located within walking distance from the city center, highway, shopping center, cinemas and the beach. The swimming pool, surrounding areas and the location of the project are an additional advantage for future buyers/investors.There is apartment with 1 bedroom for sale. The apartment has parking spaces and a storage room.This object is suitable for option €500 000.
Real estate
Object type
Object category
New
Object stage
Construction
Permits
Yes
Object completion date
1Q 2022
Design features
Ownership
Characteristics
Total area
61 m² — 136 m²
Number of storeys
7
Bedrooms
1
Baths
1
Parking
Yes
Renovation
Standard
Furniture
Partially furnished
View
Ocean, City
Properties
Elevator
Covered deck
Public pool
Pantry
Garden on the plot
Internet
TV
