Apartments on the coast of Funchal

For sale is a 1,2-bedroom apartments in the center of Funchal, which currently has one of the highest prices in Portugal. The place has a high demand for tourism. The rehabilitation project is located in the ARU area of Funchal and is therefore eligible for the Golden Visa program (investment value 350,000 euros). The apartment is designed with a modern and spacious layout, offering the perfect balance between comfort and functionality. The private terrace provides ample space for relaxing and dining, as well as breathtaking views of the city and the surrounding hills. The project is located in a relatively quiet area, but only a few minutes from the most important and attractive places in the city. The street is lined with well-known international brands, as well as the best cafes in the city. 

The courthouse and town hall are also conveniently located just around the corner.

• The purchase price of real estate is below market for investors at an early stage.
• The rapid growth in the value of real estate when approving an architectural project.
• The property will be managed by a local company.