Modern New Apartments For Sale

Ribeira Brava, Ilha da Madeira, Portugal, 9050-077

For Sale

€695,000

REF: 865851 €695,000


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Description

Brand New Apartments! Introducing "Vila Palace I" - Ribeira Brava's Premier Development Nestled in the heart of Ribeira Brava, a mere 100 meters from the sparkling sea, "Vila Palace I" stands as a beacon of modern living, enveloped by essential public services and a thriving commercial hub. With a total of 30 units, including 5 commercial spaces and 25 exquisite residential apartments, this development offers an array of living options.

From the spacious T1 typologies with generous 83.99 m2 areas to the roomy T2 units spanning 130.00 m2 and the expansive T3 residences boasting 161.00 m2, every detail has been meticulously designed. Notably, the development prides itself on the use of premium, top-tier finishes throughout. Beyond the luxury of each unit, "Vila Palace I" takes your lifestyle up a notch with the inclusion of a panoramic swimming pool and a sun-soaked solarium on the rooftop, inviting you to indulge in spectacular views and resort-like relaxation. This project isn't just a place to live; it's a secure investment opportunity with a promising return, catering to both the tourism and residential markets.

Positioned at a strategic crossroads between the serene north coast, the breathtaking west of Madeira, and the vibrant metropolis of Funchal, this development is set to redefine the way you experience life in Ribeira Brava. Ribeira Brava is a charming and picturesque town located on the southwest coast of Madeira, Portugal.

Known for its stunning natural beauty and tranquil ambiance, Ribeira Brava has become a popular destination for both tourists and those seeking a peaceful place to live. Here are some key highlights of Ribeira Brava: Natural Beauty: Ribeira Brava is nestled between the lush green mountains and the deep blue waters of the Atlantic Ocean.

The dramatic landscape of steep cliffs, terraced vineyards, and vibrant flora is a visual feast for visitors. Seaside Charm: The town's name, which means "Wild River," originates from the Ribeira Brava river that flows through it. The river adds a unique and refreshing element to the town's landscape. Historical and Cultural Heritage: Ribeira Brava is home to several historic landmarks, including the Church of São Bento, which boasts beautiful architectural details.

The town also hosts cultural events, like festivals and fairs, providing a glimpse into the island's traditions and local life. Outdoor Activities: The surrounding region offers numerous opportunities for outdoor enthusiasts. Hiking, canyoning, and water sports are popular activities, with breathtaking viewpoints and trails awaiting adventurous explorers. Dining and Cuisine: Ribeira Brava offers a variety of restaurants serving both local and international cuisine.

Fresh seafood dishes are a highlight, as the town's proximity to the ocean ensures a constant supply of delicious catches. Access and Connectivity: Ribeira Brava is conveniently located on Madeira's main road network, making it easy to explore other parts of the island. The town is just a short drive away from Funchal, the capital of Madeira, and other popular destinations. Whether you're drawn to Ribeira Brava for its natural beauty, outdoor adventures, or peaceful coastal living, this town on the "Pearl of the Atlantic" offers a slice of paradise on the island of Madeira.
Brand New Apartments! Introducing "Vila Palace I" - Ribeira Brava's Premier Development Nestled in the heart of Ribeira Brava, a mere 100 meters from the sparkling sea, "Vila Palace I" stands as a beacon of modern living, enveloped by essential public services and a thriving commercial hub. With a total of 30 units, including 5 commercial spaces and 25 exquisite residential apartments, this development offers an array of living options.

From the spacious T1 typologies with generous 83.99 m2 areas to the roomy T2 units spanning 130.00 m2 and the expansive T3 residences boasting 161.00 m2, every detail has been meticulously designed. Notably, the development prides itself on the use of premium, top-tier finishes throughout. Beyond the luxury of each unit, "Vila Palace I" takes your lifestyle up a notch with the inclusion of a panoramic swimming pool and a sun-soaked solarium on the rooftop, inviting you to indulge in spectacular views and resort-like relaxation. This project isn't just a place to live; it's a secure investment opportunity with a promising return, catering to both the tourism and residential markets.

Positioned at a strategic crossroads between the serene north coast, the breathtaking west of Madeira, and the vibrant metropolis of Funchal, this development is set to redefine the way you experience life in Ribeira Brava. Ribeira Brava is a charming and picturesque town located on the southwest coast of Madeira, Portugal.

Known for its stunning natural beauty and tranquil ambiance, Ribeira Brava has become a popular destination for both tourists and those seeking a peaceful place to live. Here are some key highlights of Ribeira Brava: Natural Beauty: Ribeira Brava is nestled between the lush green mountains and the deep blue waters of the Atlantic Ocean.

The dramatic landscape of steep cliffs, terraced vineyards, and vibrant flora is a visual feast for visitors. Seaside Charm: The town's name, which means "Wild River," originates from the Ribeira Brava river that flows through it. The river adds a unique and refreshing element to the town's landscape. Historical and Cultural Heritage: Ribeira Brava is home to several historic landmarks, including the Church of São Bento, which boasts beautiful architectural details.

The town also hosts cultural events, like festivals and fairs, providing a glimpse into the island's traditions and local life. Outdoor Activities: The surrounding region offers numerous opportunities for outdoor enthusiasts. Hiking, canyoning, and water sports are popular activities, with breathtaking viewpoints and trails awaiting adventurous explorers. Dining and Cuisine: Ribeira Brava offers a variety of restaurants serving both local and international cuisine.

Fresh seafood dishes are a highlight, as the town's proximity to the ocean ensures a constant supply of delicious catches. Access and Connectivity: Ribeira Brava is conveniently located on Madeira's main road network, making it easy to explore other parts of the island. The town is just a short drive away from Funchal, the capital of Madeira, and other popular destinations. Whether you're drawn to Ribeira Brava for its natural beauty, outdoor adventures, or peaceful coastal living, this town on the "Pearl of the Atlantic" offers a slice of paradise on the island of Madeira.
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Property on Map

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Currency Exchange

Ribeira Brava, Ilha da Madeira, Portugal, 9050-077

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 €695,000 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
€695,000 £575,675 £597,318 £21,642
Property Price € €695,000
Minimum cost in the last six months £575,675
Maximum cost in the last six months £597,318
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,642

Ribeira Brava, Ilha da Madeira, Portugal, 9050-077

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 €695,000 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
€695,000 £575,675 £597,318 £21,642
Property Price € €695,000
Minimum cost in the last six months £575,675
Maximum cost in the last six months £597,318
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,642

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 £21,642 more.

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