Apartment South of Maidera in Funchal - Residential area on the coast

• from 135 m²
• from 495 000 €
• 2-3 bedrooms

Price

Prices	495 000 € – 1 400 000 €
Cost m2	3 562 € – 3 667 €
Purchase taxes	IMT — 6-8%; IMI — 0,3-0,8%
State fees	0,8%

Distances

• 50 m to the ocean
• 29 km to the airport
• Infrastructure within a radius 100 m

Yield and management

Yield	3 – 5%
Property management	Yes

Let us help you sell your property, if you decide to exit the investment

Description

Funchal is the capital of the Portuguese Autonomous Region of Madeira.; major commercial and industrial center, washed by the Atlantic Ocean. Snow-white yachts and cruise ships moor in the imposing port of Funchal.

Closed residential complex located in one of the most prestigious areas of Funchal - Ajuda. This 10 premium 6-storey buildings, where you can buy apartments with 2 or 3 bedrooms. Each property is assigned a parking space and a storage room..

From the condominium to the city center just a few minutes, Also, as well as to the sandy coast. Shopping malls within walking distance, cinemas, bar and restaurant. The residential complex has a large private adjacent territory with swimming pools and recreation areas.

This object is suitable for an investor under the option 500 000 €.

The property

Object type	Residential complex, Apartments
Object category	New house
Object stage	Construction
Permits	There is
Object completion date	2022
Design features	Own

Characteristics

Total area	195 m²
Total area	135 m² - 393 m²
number of storeys	6
Floor
Rooms
Bedrooms	2–3
Baths
parking	Yes
Parking type
Number of parking spaces
Kind	on the ocean, to the pool

Equipment

Properties

• Elevator
• Veranda covered
• The pool is shared
• Pantry
• Garden on the plot
• Internet
• TV

Location