Project in the centre of Funchal, capital of Madeira with guaranteed yield.
ABOUT THIS PROPERTY:
HUGE INVESTMENT OPPORTUNITY FOR BUYERS:
Project in the centre of Funchal, capital of Madeira. Ideal for short-term or long-term rent.
- One-bedroom apartment 60 sq.m. with balcony in the city centre of Funchal, Madeira.
- GUARANTEED YIELD upfront payment of 3% for 5 years
- Short rental licence will be obtained by the developer
- Property management included for first 2 years
The statistical analyses show a progressive growth of the real estate market over the last few years in Madeira Island, and in the latter, this growth was around 18%, compared to the same period, with the support of the price increase per m 2 in the purchase and lease of real estate. And we expect it to continue growing, as Madeira is becoming an attractive place for permanent residence, tourists & investors.
Location of the property
Located 900 km from Mainland Portugal, north of the Atlantic Ocean, is the so charismatic Madeira Island, also known as the Floating Garden, due to the grandeur of the valleys and mountains and the luxurious blue of the sea.