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580 000 €

Apartment on Madeira, Portugal, 177 m²

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  • Apartment on Madeira, Portugal, 177 m² - picture 1
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  • Apartment on Madeira, Portugal, 177 m² - picture 1
  • Property ID on Prianproperty.com: 3328424
    Property ID on company's website: 0163/20
    Last update: 19.06.2026
    Number of views: 4697

580 000 €

Apartment on Madeira, Portugal, 177 m²

177 m² 4 3 4

  • Property ID on Prianproperty.com: 3328424
    Property ID on company's website: 0163/20
    Last update: 19.06.2026
    Number of views: 4697

Specifications

Sale price 580 000 €
Price per square meter 2 682.93 €
Floor area 177 m²
Floor 8
Number of storeys 8
Total number of rooms 4
Number of bedrooms 3
Number of bathrooms 4
Construction phase Off-plan

Description

Condominium b is located in the most central, modern and expensive area of Funchal, on Estrada Monumental Avenue.

The complex consists of 2 blocks, 7 floors and 68 luxury apartments of types T1 (with one bedroom), T2 (with two bedrooms), T3 (with three bedrooms), T4 (with four bedrooms),T5 (with five bedrooms)

All residents have access to the pool. The luxury apartments have a balcony, air conditioning, parking spaces and storage rooms in the basement. The building has an elevator. Also, some apartments have a magnificent view of the ocean.

The premises on the ground floor are intended for trade, and on the upper floors for housing.

Located a few minutes from the city center, highway, restaurants, supermarkets, all services, shopping center, cinemas and the beach.

The surrounding area and fantastic location are among the advantages for future buyers/investors.

Apartments:

Three-bedroom apartment with a balcony (17,17 sq.m.), garage space for two cars and a storage room. All this is located on 205.50 sq.m.

The apartment has an entrance hall, a guest bathroom (2, 86 sq.m), a kitchen (13.24 sq.m) and a living room (40.45 sq.m) with access to a balcony (17.17 sq.m).

The kitchen is fully equipped with modern appliances.

There are 3 bedroom suites (16,19/ 12,03 /12,62 sq.m) each with its own bathroom.

Location:

750 m from Formosa beach

23 km from the airport

6.5 km from the historical center

3.5 km from the shopping center


Representative

Elena Valshina
Manager
Languages: english
Show phone number



Cost of accomodation on Madeira

Cost of accomodation on Madeira
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 49.00 €
1 Pair of Men Leather Business Shoes 72.14 €
1 Pair of Nike Running Shoes (Mid-Range) 63.75 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29.14 €
Restaurants
Cappuccino (regular) 1.44 €
Coke/Pepsi (0.33 liter bottle) 1.46 €
Domestic Beer (0.5 liter draught) 2.50 €
McMeal at McDonalds (or Equivalent Combo Meal) 7.05 €
Meal for 2 People, Mid-range Restaurant, Three-course 49.00 €
Meal, Inexpensive Restaurant 8.00 €
Water (0.33 liter bottle) 1.21 €
Imported Beer (0.33 liter bottle) 1.60 €
Markets
Apples (1kg) 1.63 €
Banana (1kg) 1.31 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 11.65 €
Bottle of Wine (Mid-Range) 4.50 €
Chicken Fillets (1kg) 5.70 €
Domestic Beer (0.5 liter bottle) 1.52 €
Eggs (regular) (12) 3.06 €
Lettuce (1 head) 1.15 €
Loaf of Fresh White Bread (500g) 1.44 €
Local Cheese (1kg) 8.62 €
Milk (regular), (1 liter) 0.91 €
Onion (1kg) 1.95 €
Oranges (1kg) 1.26 €
Cigarettes 20 Pack (Marlboro) 5.40 €
Potato (1kg) 1.11 €
Rice (white), (1kg) 1.21 €
Tomato (1kg) 1.51 €
Water (1.5 liter bottle) 0.70 €
Imported Beer (0.33 liter bottle) 2.45 €
Transportation
Gasoline (1 liter) 1.80 €
Taxi 1hour Waiting (Normal Tariff) 25.00 €
Taxi Start (Normal Tariff) 3.00 €
Taxi 1km (Normal Tariff) 0.82 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27 250.00 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30 500.00 €
Utilities (Monthly)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 18.50 €
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 90.49 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 38.75 €
Childcare
International Primary School, Yearly for 1 Child 6 000.00 €
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 215.00 €
Salaries And Financing
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.95 %
Sports And Leisure
Cinema, International Release, 1 Seat 7.00 €

Data on the cost of living is provided by the service Numbeo.com. Prianproperty.com can not in any way guarantee the authenticity and correctness of the data.

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Data on the cost of living is provided by the service Numbeo.com. Prianproperty.com can not in any way guarantee the authenticity and correctness of the data.