Apartments in a residential complex with swimming pools

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Portugal, Funchal
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118 m² — 157 m²
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3 Bedrooms
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3 Baths
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ID PRT54232

from €450,000

118 m² • from €3,343.95 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

€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 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

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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