Apartments in a residential complex with swimming pools
Portugal, Funchal
from €450,000
118 m² • from €3,343.95 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
€450,000 — €525,000
Price for m²
€3,343.95 — €3,813.56
Purchase taxes
IMT - 8%; IMI - 0,3-0,8%
State fees
0,8%
Distances
Ocean 1 km
Infrastructure 300 m
Airport 21 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 residential complex located in the Virtudes area, a 5-minute walk from the center of Funchal and the ocean. The complex is distinguished by the presence of recreation areas, which include two swimming pools, a solarium and a garden of about 5000 sqm. The project consists of 1, 2 and 3 bedroom apartments located in two blocks, one of which has underground parking. In addition to the spacious building area and the quality of materials and finishes, the building was designed with the comfort and safety of everyday life in mind: glass facades, air conditioning, smart house technologies, verandas.The project is located in a residential area, close to primary and secondary schools, hospital, Barreiros stadium, as well as several shops, pharmacies, grocery stores with easy access to the city center and highway.The building is being built on a hill and is oriented to the south, which allowed unobstructed views of the bay.This object is suitable for option €500 000.
Real estate
Object type
Object category
New
Object stage
Ready
Permits
Yes
Design features
Ownership
Characteristics
Total area
118 m² — 157 m²
Number of storeys
5
Land area
Underground
Bedrooms
3
Baths
3
Parking
Yes
Renovation
Standard
Furniture
Partially furnished
View
Mountain, Ocean, City
Properties
Elevator
Covered deck
Public pool
Pantry
Garden on the plot
Internet
TV
