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Modern apartments on the island of Madeira with a guaranteed return

Portugal, Funchal
ID PRT200354
Object sold
Modern apartments on the island of Madeira with a guaranteed return
from €175,000

from 27 m² • from €6,250 m²

Portugal, Funchal
from 27 m²
1 bed
1 bathroom
ID PRT200354


Property cost €175,000 – €450,000
Price for m2 €6,250 – €6,481
Purchase taxes IMT - 6,5%; IMI - 0,3-0,8%
State fees 0,8%
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Ocean 1km
Airport 19km
Infrastructure 500m

Yield and management

Yield 3%
Property management Yes


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. The property is eligible for the €350,000 option. Estimated yield start – April 2026.

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Real estate

Object type Apartments
Object category Renovation
Object stage Design
Permits On hand
Construction start date Q4 2023
Object completion date April 2025
Design features Ownership
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Total area 27 m² – 72 m²
Number of storeys 3
Bedrooms 1
Baths 1
Parking type
Number of parking spaces
View city, garden
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Garden on the plot


Object sold
from €175,000

from 27 m² • from €6,250 m²

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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