Project in the centre of Funchal, capital of Madeira with guaranteed yield.
ABOUT THIS PROPERTY:
Project in the centre of Funchal, capital of Madeira.
- One-bedroom apartment 70 sq.m. with balcony in the city centre of Funchal, Madeira.
- Portugal Golden Visa Approved Project - EU Family Residency
- Property management by a local team
OFF-MARKET Investment Opportunity:
- Property acquisition price below market for early stage investors.
- Rapid increase in the value of the property with the approval of the architectural project.
Funchal, the capital of the island, is the place to be. The city is not only the main tourist center, but also the political, economic and academic center where all higher education institutions, including
the University of Madeira, are located.
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 22%, 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.