Apartments in a new residential project on the coast of Madeira

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Portugal, Funchal
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212 m² — 400 m²
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2—4 Bedrooms
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2—3 Baths
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ID PRT54218

from €675,000

212 m² • from €3,183.96 m²
Property sold
This property is sold, but we will help you find another one
Elena Kozyrevaexpert of the Portugal residence permit program for investment
pt-flag

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

€675,000 — €2,500,000

Price for m²

€3,183.96 — €6,250

Purchase taxes

IMT - 6-8%; IMI - 0,3-0,8%

State fees

0,8%

Distances

Ocean 50 m
Infrastructure 100 m
Airport 29 km

Yield and management

Yield

3-5%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

The project is represented by a condominium in one of the modern residential areas of Funchal - Ajuda. Funchal is a picturesque metropolitan city stretched along the ocean coast in the south of Madeira. It is the most important commercial and industrial center. The decoration of the city is a busy seaport, where rows of white yachts are moored and cruise ships are parked. The project is located just minutes from the city center, highway, shopping center, cinemas and the beach.
The complex consists of 10 buildings with 6 floors. 1, 2 and 3 bedroom apartments are available for sale. All apartments have a parking space and a storage room. The pool, grounds and fantastic location are some of the benefits for future buyers/investors.
This object is suitable for option €500 000.

Real estate

Object type

Residential complex, Apartments

Object category

New

Object stage

Ready

Permits

Yes

Design features

Ownership

Characteristics

Total area

212 m² — 400 m²

Number of storeys

6

Bedrooms

2—4

Baths

2—3

Parking

Yes

View

Ocean, Pool

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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