Descrizione
Discover the allure of Funchal I, a private condominium featuring 19 generously sized apartments, primarily designed as studios and one-bedroom units, each equipped with its own terrace or balcony. Nestled in the vibrant heart of Funchal, this property offers a unique living experience amidst a rich tapestry of cultural heritage, including museums, historical churches, charming wineries, an array of restaurants, hotels, schools, and local shops. Funchal I is distinguished by its striking architectural design, showcasing aristocratic elements that hark back to the early twentieth century. This thoughtful design not only highlights the property’s historical charm but also optimizes natural light that floods every floor and apartment, enhancing the overall living experience. The featured one-bedroom studio spans 38.2m² and comes complete with a fully equipped kitchen, ensuring both style and functionality. Notable amenities include air conditioning, an extractor fan, stove, oven, refrigerator, dishwasher, washing machine, microwave, and induction hob, catering to all your modern-day needs. Completion is anticipated in November 2025, with an attractive proposition of a 5-year 3% yield or an optional flexible return. The energy rating stands at a solid C, reflecting the property’s commitment to efficiency. At a competitive price of €230,000, this apartment presents an incredible opportunity for both investors and homeowners looking to immerse themselves in the rich culture and lifestyle that Funchal offers. Given its prime location and the potential for rental income, this property is not only a delightful place to reside but also a wise financial investment. Whether you're seeking a personal retreat or a lucrative investment, Funchal I is worth considering.
