Come and discover the "Amparo Residence" development, it could be your new home in the stunning Amparo Zone! With a privileged location close to the beautiful Praia Formosa and surrounded by a range of essential services, this is the perfect place to live a life of comfort and convenience

Funchal, Ilha da Madeira, Portugal

For Sale

€615,000

REF: 758325 €615,000


2

2


117 m2

2450 m2

Description

Come and discover the "Amparo Residence" development, it could be your new home in the stunning Amparo Zone! With a privileged location close to the beautiful Praia Formosa and surrounded by a range of essential services, this is the perfect place to live a life of comfort and convenience. Imagine yourself living in a space designed to offer maximum quality of life, with proximity to the sea and all the resources you need at your fingertips.

Amparo Residence is being built with the highest quality standards and will be ready at the beginning of 2025, ready to welcome you and your family to a new phase of tranquility and well-being. With a modern and elegant architecture, the building will offer a range of amenities, from leisure areas to shared spaces, all designed to provide an exceptional residential experience.

"Advantages of Investing in Real Estate Projects on Madeira Island" Investing in an apartment in the design phase on the island of Madeira can offer several attractive advantages. This region is known for its natural beauty, mild climate and growing demand for property, which can make real estate investment a smart choice.

Here are some advantages: * Attractive Prices: Generally, purchasing a property in the design phase can result in more advantageous prices. Values tend to be lower than when the project is completed, offering an investment opportunity with potential for appreciation. * Personalization: When investing in an apartment in the design phase, you may have the opportunity to personalize some aspects of the property, adapting it to your preferences.

You can choose finishes, layout or even some structural elements, depending on the phase of the project in which you make the purchase. * Appreciation Potential: The island of Madeira has been a growing tourist destination, which could boost the value of properties. With demand for accommodation and homes increasing, the value of your property investment may grow over time.

* Tax Benefits: Madeira offers attractive tax benefits for foreign investors, such as incentives for non-habitual residents and a competitive tax regime, making investment even more interesting from a financial point of view. * Rental Income: If the objective is to generate income, apartments in tourist locations can offer a stable source of passive income through short or long-term rentals.

* Quality of Life and Location: The island of Madeira is known for its exceptional quality of life, pleasant climate and stunning landscapes. Furthermore, depending on the location of the project, it may have easy access to amenities, beaches and tourist attractions, increasing the property's appeal to potential renters or future buyers.

It is always important to carry out detailed research and, if possible, obtain advice from property and financial experts before making an investment. This can help ensure you make an informed decision that aligns with your long-term financial goals. Don't miss the opportunity to be part of this unique venture.

Book your place at Amparo Residence now and get ready to live in an environment where comfort and practicality meet by the sea. Contact us for more information and secure your space in this new chapter of quality of life and well-being! #ref: 105035
Come and discover the "Amparo Residence" development, it could be your new home in the stunning Amparo Zone! With a privileged location close to the beautiful Praia Formosa and surrounded by a range of essential services, this is the perfect place to live a life of comfort and convenience. Imagine yourself living in a space designed to offer maximum quality of life, with proximity to the sea and all the resources you need at your fingertips.

Amparo Residence is being built with the highest quality standards and will be ready at the beginning of 2025, ready to welcome you and your family to a new phase of tranquility and well-being. With a modern and elegant architecture, the building will offer a range of amenities, from leisure areas to shared spaces, all designed to provide an exceptional residential experience.

"Advantages of Investing in Real Estate Projects on Madeira Island" Investing in an apartment in the design phase on the island of Madeira can offer several attractive advantages. This region is known for its natural beauty, mild climate and growing demand for property, which can make real estate investment a smart choice.

Here are some advantages: * Attractive Prices: Generally, purchasing a property in the design phase can result in more advantageous prices. Values tend to be lower than when the project is completed, offering an investment opportunity with potential for appreciation. * Personalization: When investing in an apartment in the design phase, you may have the opportunity to personalize some aspects of the property, adapting it to your preferences.

You can choose finishes, layout or even some structural elements, depending on the phase of the project in which you make the purchase. * Appreciation Potential: The island of Madeira has been a growing tourist destination, which could boost the value of properties. With demand for accommodation and homes increasing, the value of your property investment may grow over time.

* Tax Benefits: Madeira offers attractive tax benefits for foreign investors, such as incentives for non-habitual residents and a competitive tax regime, making investment even more interesting from a financial point of view. * Rental Income: If the objective is to generate income, apartments in tourist locations can offer a stable source of passive income through short or long-term rentals.

* Quality of Life and Location: The island of Madeira is known for its exceptional quality of life, pleasant climate and stunning landscapes. Furthermore, depending on the location of the project, it may have easy access to amenities, beaches and tourist attractions, increasing the property's appeal to potential renters or future buyers.

It is always important to carry out detailed research and, if possible, obtain advice from property and financial experts before making an investment. This can help ensure you make an informed decision that aligns with your long-term financial goals. Don't miss the opportunity to be part of this unique venture.

Book your place at Amparo Residence now and get ready to live in an environment where comfort and practicality meet by the sea. Contact us for more information and secure your space in this new chapter of quality of life and well-being! #ref: 105035
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Property on Map

#105035

Currency Exchange

Funchal, Ilha da Madeira, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €615,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€615,000 £506,699 £528,562 £21,863
Property Price € €615,000
Minimum cost in the last six months £506,699
Maximum cost in the last six months £528,562
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,863

Funchal, Ilha da Madeira, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €615,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€615,000 £506,699 £528,562 £21,863
Property Price € €615,000
Minimum cost in the last six months £506,699
Maximum cost in the last six months £528,562
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,863

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £21,863 more.

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