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Apartments in a new residential project on the coast of Madeira

Portugal, Funchal
ID PRT54218
Object sold
Apartments in a new residential project on the coast of Madeira
from €675,000

from 212 m² • from €6,250 m²

Portugal, Funchal
from 212 m²
2–4 beds
2–3 bathrooms
ID PRT54218

Cost

Property cost €675,000 – €2,500,000
Price for m2 €6,250 – €3,184
Purchase taxes IMT - 6-8%; IMI - 0,3-0,8%
State fees 0,8%
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Distances

Ocean 50m
Airport 29km
Infrastructure 100m

Yield and management

Yield 3—5%
Property management Yes

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.

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Real estate

Object type Residential complex, Apartments
Object category New house
Object stage Ready
Permits On hand
Year of construction 2022
Design features Ownership
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Characteristics

Total area 195 m²
Number of storeys 6
Floor 1, 5
Bedrooms 2–4
Baths 2–3
Parking Yes
View ocean, pool
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Equipment

Properties

Elevator
Сovered deck
Public pool
Pantry
Garden on the plot
Internet
TV

Location

Object sold
from €675,000

from 212 m² • from €6,250 m²

This property has been sold but we can help you find another one.

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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