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New 3 Bedroom Apartment - Monumental, Funchal
Funchal, Ilha da Madeira, Portugal, 9000-116
REF: 872779
€1,695,000
Description
This spectacular luxury 3 bedroom apartment, located on the seafront in Funchal, offers an incomparable experience of comfort and elegance. With a stunning view of the Atlantic Ocean, this property stands out for its generous areas, perfectly designed to maximize comfort and privacy.
The apartment features three large bedrooms, all with built-in closets and private balconies that offer panoramic views of the sea. The master suite includes a walk-in closet and an en-suite bathroom. The remaining bathrooms are also spacious and decorated with high-quality materials.
The living and dining room is a large and bright space, with large glass windows that allow abundant natural light to enter and offer a continuous view of the sea. The kitchen, fully equipped with state-of-the-art appliances, combines functionality with modern design.
Luxury finishes are present in every detail of the apartment, from the noble wood floors, high ceilings with built-in lighting, to the digitally controlled air conditioning system. The apartment also includes a separate laundry area, private parking for two cars and a storage room.
Inserted in a high-quality private condominium, the property offers access to a swimming pool with sea views, a fully equipped gym and landscaped gardens. The location is unbeatable, being just a few minutes' walk from essential services, supermarkets, shops, and a wide range of restaurants and cafes.
This is the ideal apartment for those looking for a sophisticated and exclusive lifestyle, with the ocean as a permanent neighbor.
This spectacular luxury 3 bedroom apartment, located on the seafront in Funchal, offers an incomparable experience of comfort and elegance. With a stunning view of the Atlantic Ocean, this property stands out for its generous areas, perfectly designed to maximize comfort and privacy.
The apartment features three large bedrooms, all with built-in closets and private balconies that offer panoramic views of the sea. The master suite includes a walk-in closet and an en-suite bathroom. The remaining bathrooms are also spacious and decorated with high-quality materials.
The living and dining room is a large and bright space, with large glass windows that allow abundant natural light to enter and offer a continuous view of the sea. The kitchen, fully equipped with state-of-the-art appliances, combines functionality with modern design.
Luxury finishes are present in every detail of the apartment, from the noble wood floors, high ceilings with built-in lighting, to the digitally controlled air conditioning system. The apartment also includes a separate laundry area, private parking for two cars and a storage room.
Inserted in a high-quality private condominium, the property offers access to a swimming pool with sea views, a fully equipped gym and landscaped gardens. The location is unbeatable, being just a few minutes' walk from essential services, supermarkets, shops, and a wide range of restaurants and cafes.
This is the ideal apartment for those looking for a sophisticated and exclusive lifestyle, with the ocean as a permanent neighbor.
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Currency Exchange
Funchal, Ilha da Madeira, Portugal, 9000-116
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 €1,695,000 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 |
|---|---|---|---|
| €1,695,000 | £1,403,985 | £1,456,768 | £52,782 |
| Property Price € | €1,695,000 |
| Minimum cost in the last six months | £1,403,985 |
| Maximum cost in the last six months | £1,456,768 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £52,782 |
Funchal, Ilha da Madeira, Portugal, 9000-116
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 €1,695,000 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 |
|---|---|---|---|
| €1,695,000 | £1,403,985 | £1,456,768 | £52,782 |
| Property Price € | €1,695,000 |
| Minimum cost in the last six months | £1,403,985 |
| Maximum cost in the last six months | £1,456,768 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £52,782 |
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 £52,782 more.
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