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Fantastic 3 Bedroom Apartment by the Beach with Sea Views
Funchal, Ilha da Madeira, Portugal, 9000-247
REF: 869005
€1,065,000
Description
Don't miss the opportunity to live in harmony with the best that life has to offer and fall in love with the perfect combination of luxury, nature and excitement. Floor Floor 0
Apartment: 08 (T3)
Fraction Area: 215.78m2
Gross Outdoor Area: 79.96m2
Private Pool
Parking Spaces: 2
Storage room: 1
Unique location literally on top of the beach, with 250 meters of sea front, all apartments, without exception, will be oriented south.
To relax with the soft sound of the waves, contemplate the horizon line in the Atlantic Ocean that joins the sky and enjoy the sunset behind the majestic Cabo Girão.
On the beach, the continuation section of the now interrupted Lido Promenade was built mid-2023 and, behind, more than 10,000 m2 of land will be ceded for a public garden.
Contiguous, almost as many 10,000 m2 of gardens and green area, intended for the exclusive use of the condominium owners, protect the buildings. Area where swimming pools and other equipment for the use of the condominium owners will be implemented, including the gym.
All in a unique location with the best climate in Funchal and certainly with one of the best sunsets on the island of Madeira.
This fantastic building consists of 89 apartments, 17 of which are 2 bedroom apartments and 72 are three-bedroom apartments, all apartments face the sea, with large balconies.
It also has a private storage room and access to underground parking with 2 private spaces assigned.
Private pools were designed in all fractions on floors 0 and 1, as well as in the units at each end of each of the other floors.
The development is located in the heart of the 1,000 meters of the largest and most frequented pebble and black sand beach in Madeira, where you can enjoy a swim in the crystal clear and temperate waters (18 C in winter and 23 C in summer). Whether walking, jogging or cycling, you will be between the two most popular tours in Funchal.
Always at sea level and about 5,000 meters long, it takes you on a journey through tunnels and walkways over the sea, between the Lido and the bay of the nearby fishing village of Cmara de Lobos.
The other, on Estrada Monumental, gives access to a shopping area where you can find everything you need.
All this just over 5 minutes by car from the center of Funchal.
It is estimated that construction will begin at the end of 2023 and will be completed in 24 months.
Don't miss the opportunity to live in harmony with the best that life has to offer and fall in love with the perfect combination of luxury, nature and excitement. Floor Floor 0
Apartment: 08 (T3)
Fraction Area: 215.78m2
Gross Outdoor Area: 79.96m2
Private Pool
Parking Spaces: 2
Storage room: 1
Unique location literally on top of the beach, with 250 meters of sea front, all apartments, without exception, will be oriented south.
To relax with the soft sound of the waves, contemplate the horizon line in the Atlantic Ocean that joins the sky and enjoy the sunset behind the majestic Cabo Girão.
On the beach, the continuation section of the now interrupted Lido Promenade was built mid-2023 and, behind, more than 10,000 m2 of land will be ceded for a public garden.
Contiguous, almost as many 10,000 m2 of gardens and green area, intended for the exclusive use of the condominium owners, protect the buildings. Area where swimming pools and other equipment for the use of the condominium owners will be implemented, including the gym.
All in a unique location with the best climate in Funchal and certainly with one of the best sunsets on the island of Madeira.
This fantastic building consists of 89 apartments, 17 of which are 2 bedroom apartments and 72 are three-bedroom apartments, all apartments face the sea, with large balconies.
It also has a private storage room and access to underground parking with 2 private spaces assigned.
Private pools were designed in all fractions on floors 0 and 1, as well as in the units at each end of each of the other floors.
The development is located in the heart of the 1,000 meters of the largest and most frequented pebble and black sand beach in Madeira, where you can enjoy a swim in the crystal clear and temperate waters (18 C in winter and 23 C in summer). Whether walking, jogging or cycling, you will be between the two most popular tours in Funchal.
Always at sea level and about 5,000 meters long, it takes you on a journey through tunnels and walkways over the sea, between the Lido and the bay of the nearby fishing village of Cmara de Lobos.
The other, on Estrada Monumental, gives access to a shopping area where you can find everything you need.
All this just over 5 minutes by car from the center of Funchal.
It is estimated that construction will begin at the end of 2023 and will be completed in 24 months.
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Property on Map
Currency Exchange
Funchal, Ilha da Madeira, Portugal, 9000-247
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 €1,065,000 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 |
|---|---|---|---|
| €1,065,000 | £885,867 | £916,560 | £30,693 |
| Property Price € | €1,065,000 |
| Minimum cost in the last six months | £885,867 |
| Maximum cost in the last six months | £916,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,693 |
Funchal, Ilha da Madeira, Portugal, 9000-247
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 €1,065,000 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 |
|---|---|---|---|
| €1,065,000 | £885,867 | £916,560 | £30,693 |
| Property Price € | €1,065,000 |
| Minimum cost in the last six months | £885,867 |
| Maximum cost in the last six months | £916,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,693 |
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 £30,693 more.
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