Modern Apartments For Sale

Funchal, Ilha da Madeira, Portugal, 9020-330

For Sale

€260,000

REF: 865852 €260,000


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Description

Brand New! Introducing Madalenas Living, where modern living meets convenience. This stunning building offers a selection of 1, 2, and 3-bedroom apartments, totaling 18 residential units. Nestled on Madalenas Avenue, this new residential gem provides seamless access to a range of amenities - from banks, restaurants, and supermarkets to pharmacies, healthcare centers, and even a cinema-theater.

Public transportation and ample public parking options are at your doorstep. Plus, it's strategically positioned near highway on-ramps to the east and west. Designed with a contemporary architectural style, Madalenas Living is just a short 5-minute drive away from the vibrant city center of Funchal. Don't miss the chance to explore this exciting development.

Book your visit today and see what modern living is all about! Each unit comes with spacious balconies and parking facilities. Anticipated completion in December 2023. Santo António, a charming parish located in the heart of Funchal, the capital city of Madeira, is a place that beautifully blends tradition with modernity.

Nestled between the rolling hills of this lush island and the bustling city center, Santo António offers residents and visitors a unique glimpse into the island's vibrant culture and rich history. One of the highlights of Santo António is its lively market, Mercado do Livramento. This bustling market is a paradise for food enthusiasts, offering a wide array of fresh fruits, vegetables, seafood, and regional delicacies.

The vibrant colors and aromas that fill the air make it a sensory experience that captures the essence of Madeiran cuisine. The neighborhood is also home to some cultural and historical landmarks, including the Igreja Paroquial de Santo António, a beautiful parish church that showcases intricate woodwork and religious art.

Throughout the year, Santo António hosts various traditional festivals and celebrations, where locals and tourists can partake in the island's unique traditions and lively music and dance performances. Santo António's central location makes it an ideal base for exploring Funchal and the wider island of Madeira.

Whether you're seeking historical sites, culinary delights, or a tranquil escape in nature, Santo António offers a diverse and vibrant experience that captures the spirit of Madeira. It's a place where the past meets the present, providing a captivating window into the island's rich cultural tapestry.
Brand New! Introducing Madalenas Living, where modern living meets convenience. This stunning building offers a selection of 1, 2, and 3-bedroom apartments, totaling 18 residential units. Nestled on Madalenas Avenue, this new residential gem provides seamless access to a range of amenities - from banks, restaurants, and supermarkets to pharmacies, healthcare centers, and even a cinema-theater.

Public transportation and ample public parking options are at your doorstep. Plus, it's strategically positioned near highway on-ramps to the east and west. Designed with a contemporary architectural style, Madalenas Living is just a short 5-minute drive away from the vibrant city center of Funchal. Don't miss the chance to explore this exciting development.

Book your visit today and see what modern living is all about! Each unit comes with spacious balconies and parking facilities. Anticipated completion in December 2023. Santo António, a charming parish located in the heart of Funchal, the capital city of Madeira, is a place that beautifully blends tradition with modernity.

Nestled between the rolling hills of this lush island and the bustling city center, Santo António offers residents and visitors a unique glimpse into the island's vibrant culture and rich history. One of the highlights of Santo António is its lively market, Mercado do Livramento. This bustling market is a paradise for food enthusiasts, offering a wide array of fresh fruits, vegetables, seafood, and regional delicacies.

The vibrant colors and aromas that fill the air make it a sensory experience that captures the essence of Madeiran cuisine. The neighborhood is also home to some cultural and historical landmarks, including the Igreja Paroquial de Santo António, a beautiful parish church that showcases intricate woodwork and religious art.

Throughout the year, Santo António hosts various traditional festivals and celebrations, where locals and tourists can partake in the island's unique traditions and lively music and dance performances. Santo António's central location makes it an ideal base for exploring Funchal and the wider island of Madeira.

Whether you're seeking historical sites, culinary delights, or a tranquil escape in nature, Santo António offers a diverse and vibrant experience that captures the spirit of Madeira. It's a place where the past meets the present, providing a captivating window into the island's rich cultural tapestry.
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Property on Map

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Currency Exchange

Funchal, Ilha da Madeira, Portugal, 9020-330

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 €260,000 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
€260,000 £214,214 £223,457 £9,243
Property Price € €260,000
Minimum cost in the last six months £214,214
Maximum cost in the last six months £223,457
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,243

Funchal, Ilha da Madeira, Portugal, 9020-330

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 €260,000 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
€260,000 £214,214 £223,457 £9,243
Property Price € €260,000
Minimum cost in the last six months £214,214
Maximum cost in the last six months £223,457
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,243

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 £9,243 more.

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