Apartments in a modern residential complex near the beach

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Portugal, Funchal
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61 m² — 136 m²
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1 Bedrooms
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1 Baths
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ID PRT54253

from €375,000

61 m² • from €3,823.53 m²
Elena Kozyrevaexpert of the Portugal residence permit program for investment
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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 more

Cost

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 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

Schedule a meeting

Let's discuss the details

We will develop an individual solution, select a country and status that will solve your problems, and accompany the entire process.

Zlata Erlach
Zlata Erlach

Head of the Austrian office

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