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Buy 1 Bedroom House, €435,000
🇵🇹 Portugal, Madeira, São Martinho, Funchal
10.6
1
2
A
About the Property House
Rooms
1
Bathrooms
2
Total Area
10.6
Useful Area (Living)
86.8
Deal Information
Type
Sell
Price
€435,000
Price Type
Full Price
Price per m²
€41,037.74
About Mortgage
Mortgage Payment
€0/mon.
Salary
€0/mon.
Mortgage
Amount
EUR
Down Payment
EUR
0%
10%
20%
30%
50%
60%
70%
Interest Rate
  %year
Term
  year(s)
Total
€1,489.06/mon.
Overpayment €23,997.19
Investment Indicators
Radius 1.8 km.
Total Area ± 5 m²
Market Value
Median Price €435,000. Average Price €435,000. Price from €435,000 to €435,000
Percentage deviation from the median market value 0%
Description
The beautiful one-bedroom apartment is set in a unique development in São Martinho, on the island of Madeira.

Its privileged location ensures private direct access to the sea and the beach, as well as access to all essential services such as supermarkets, restaurants, shopping centres, pharmacies, and tourist services. The quality of the apartments allows owners and visitors to enjoy a modern environment while maintaining the original architecture of the former Madeira Palace Hotel.

The apartment has a usable area of 86.8 m² and is divided as follows:

- Spacious living room with access to the balcony;
- Kitchen with cabinets and equipped with BOSCH appliances or equivalents;
- Suite with private bathroom and large wardrobes;
- Social bathroom;
- Exterior balcony area of 10.60 m²;
- One parking space.

The common leisure area includes:

- Infinity edge pool;
-* Children's pool;
- Gardens;
- Relaxation, socializing, and work area;
- Gym;
- Condominium room;
- Visitor parking.

The building is designed in a Y shape, overlooking Praia Formosa, providing apartments with a panoramic view of the sea with a 180º amplitude, with adjacent construction on the lower floors (seaside).

The landscaped and lawned areas on both sides are fully protected by the building. All tall trees planted 50 years ago will be preserved.

This will be a unique project for Madeira Island real estate due to its location with private direct access to the sea and the beach and the quality of the apartments, allowing owners to explore over 7,000 m² of gardens and green areas.

The attributes and quality of the project meet the demands of residents, professionals, and investors, all in a unique location with the best climate in Funchal and undoubtedly the best sunset in Madeira Island.

Do not miss this opportunity!

The development is under construction, with an expected delivery date by the end of 2024.
Nearby Brands
Pingo Doce 158 mPingo Doce 331 mMcDonald's 1.1 kmPingo Doce 1.2 km
 
 
€435,000
Price Full Price
Mortgage
€130,500
€1,489.06/mon.
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Ref: 20881435 Portugal, Madeira, Funchal, São Martinho
Price and availability information updated 4/29/24
 
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