Modern apartments on the island of Madeira with a guaranteed return

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Portugal, Funchal
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27 m² — 72 m²
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1 Bedrooms
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1 Baths
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ID PRT200354

from €200,000

27 m² • from €4,583.33 m²
Elena Kozyrevaexpert of the Portugal residence permit program for investment

Cost

Property cost

€200,000 — €330,000

Price for m²

€4,583.33 — €7,407.41

Purchase taxes

IMT - 6,5%; IMI - 0,3-0,8%

State fees

0,8%

Distances

Ocean 1 km
Infrastructure 500 m
Airport 19 km

Yield and management

Yield

3%

Property management

Yes

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

Description

For sale are apartments in a renovated residential complex in the city of Funchal, the capital of the island of Madeira, just fifteen minutes from the international airport, which offers daily flights from many European cities. The project offers a unique living experience in the heart of the city. Madeira is known for its breathtaking scenery, from volcanic mountains to gorgeous, lush flowers and forests. The island boasts subtropical weather, delicious food and aromatic wines.  

Madeira is often called the eternal pearl of the Atlantic. Due to their excellent geographical position, the islands enjoy mild weather with moderate humidity and a pleasant average temperature of 25°C in summer and 17°C in winter. The complex is designed as a private condominium with a small front garden and offers 19 spacious studios and one bedroom apartments with private terraces or balconies, open kitchen and living area. Guaranteed rental income will be 3% per year. Estimated yield start - April 2026.

Real estate

Object type

Apartments

Object category

Renovation

Object stage

Construction

Permits

Yes

Object completion date

November 2025

Design features

Ownership

Characteristics

Total area

27 m² — 72 m²

Number of storeys

3

Bedrooms

1

Baths

1

Parking

No

Renovation

Standard

Furniture

Partially furnished

View

City, Garden

Equipment

Central conditioning

Properties

Balcony
Garden on the plot
Terrace
Internet
TV

Location