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Luxury waterfront apartments with private access to the sea
Funchal, Ilha da Madeira, Portugal, 9000-098
REF: 865744
€520,000
Description
Luxury waterfront apartments with private access to the sea Presenting an unparalleled opportunity, these luxury waterfront apartments are perfectly positioned along the prestigious Estrada Monumental promenade, offering direct access to the sea. Nestled amidst 6000m of lush gardens and green spaces, this exceptional residence is designed for those who seek the ultimate combination of modern elegance and natural beauty. The Y-shaped building ensures that the majority of the apartments benefit from breathtaking 180 panoramic sea views, stretching across the ocean to Cabo Girão.
The development consists of three distinct blocks featuring one to four-bedroom apartments, each thoughtfully designed with spacious layouts and premium finishes. Larger units are enhanced with private pools on expansive terraces, ensuring both luxury and privacy. With approximately 25 pools dispersed across various blocks and floors, residents can enjoy a serene aquatic experience.
Each apartment includes at least one private parking space, with larger units offering up to three spaces, along with a separate storage room. The infinity pool, perched on the cliff's edge, is a centerpiece, offering a tranquil escape with stunning ocean vistas.
This exclusive property is perfect for those seeking a second home or a retirement haven on the beautiful Madeira Island. Known for its sub-tropical climate, natural beauty, and secure environment, Madeira is a prime destination for both investment and leisure.
Key Highlights:
Secure and tranquil environment with virtually no crime.
Year-round pleasant weather and lush, colorful landscapes.
Ease of travel, with direct flights to major European cities.
Low property transfer taxes and favorable inheritance and capital gains tax laws.
Eligibility for the Portuguese residence permit for non-EU buyers investing 500,000 or more.
For those interested in learning more or scheduling a private viewing, please contact us directly.
Prime Properties Madeira Real Estate specializes in high-end properties, providing a full-service experience to international buyers, ensuring seamless assistance from the initial viewing to finalizing the purchase. Let us help you find your perfect home in Madeira.
Schedule your viewing today!
Luxury waterfront apartments with private access to the sea Presenting an unparalleled opportunity, these luxury waterfront apartments are perfectly positioned along the prestigious Estrada Monumental promenade, offering direct access to the sea. Nestled amidst 6000m of lush gardens and green spaces, this exceptional residence is designed for those who seek the ultimate combination of modern elegance and natural beauty. The Y-shaped building ensures that the majority of the apartments benefit from breathtaking 180 panoramic sea views, stretching across the ocean to Cabo Girão.
The development consists of three distinct blocks featuring one to four-bedroom apartments, each thoughtfully designed with spacious layouts and premium finishes. Larger units are enhanced with private pools on expansive terraces, ensuring both luxury and privacy. With approximately 25 pools dispersed across various blocks and floors, residents can enjoy a serene aquatic experience.
Each apartment includes at least one private parking space, with larger units offering up to three spaces, along with a separate storage room. The infinity pool, perched on the cliff's edge, is a centerpiece, offering a tranquil escape with stunning ocean vistas.
This exclusive property is perfect for those seeking a second home or a retirement haven on the beautiful Madeira Island. Known for its sub-tropical climate, natural beauty, and secure environment, Madeira is a prime destination for both investment and leisure.
Key Highlights:
Secure and tranquil environment with virtually no crime.
Year-round pleasant weather and lush, colorful landscapes.
Ease of travel, with direct flights to major European cities.
Low property transfer taxes and favorable inheritance and capital gains tax laws.
Eligibility for the Portuguese residence permit for non-EU buyers investing 500,000 or more.
For those interested in learning more or scheduling a private viewing, please contact us directly.
Prime Properties Madeira Real Estate specializes in high-end properties, providing a full-service experience to international buyers, ensuring seamless assistance from the initial viewing to finalizing the purchase. Let us help you find your perfect home in Madeira.
Schedule your viewing today!
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Property on Map
Currency Exchange
Funchal, Ilha da Madeira, Portugal, 9000-098
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 €520,000 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 |
|---|---|---|---|
| €520,000 | £432,323 | £447,522 | £15,200 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £432,323 |
| Maximum cost in the last six months | £447,522 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,200 |
Funchal, Ilha da Madeira, Portugal, 9000-098
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 €520,000 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 |
|---|---|---|---|
| €520,000 | £432,323 | £447,522 | £15,200 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £432,323 |
| Maximum cost in the last six months | £447,522 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,200 |
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 £15,200 more.
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