Studio in Funchal, Madeira

For Sale

210,000€ /

1 Bath
31.3 m2
Golden Visa

Property Description

Hotel is located in the city of Funchal, the capital of Madeira Islands, only 15 minutes from the Madeira International Airport, that offers daily flights from many European cities, the project delivers a unique living experience, at the very heart of the city, surrounded by antique museums, cultural centres, old churches, wine lodges, trendy restaurants, hotels, schools, and amenities such as medical clinics, pharmacies, retail shops and many others.

Within the city, the daily life is easily carried out by foot, in a short distance the main port, the marina and other key locations can be easily reached.

Hotel is projected as a private condominium, with a small garden in the front area and it offers 19 spacious apartments, mainly studio to one-bedroom apartments with private terraces or balconies, all totally refurbished with an open kitchen concept and living room, suites, bathroom, and bedroom. Funchal offers the highest value to buy a property on the Islands, given its higher demand and abundance of services.

Average 3hour flight from European destinations (UK, Benelux, Germany, Austria, Czech Republic, France, Spain)

90 min from Lisbon (Flight)

15min airport

30min North Coast

10min Hospital

3% GUARANTED YIELD OR FLEXIBLE RETURN

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  • Type:Golden Visa
  • Reference:REF 1009
  • Property TypeApartment
  • Rooms:1
  • Bathrooms:1
  • Areas:31.3 m2
  • Lot Size:39 m2
  • Air Conditioning
  • Balcony
  • Close to the beach
  • Gym
  • Parking

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