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750 000 €

Apartment on Madeira, Portugal, 212 m²
  • Apartment on Madeira, Portugal, 212 m² - picture 1
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  • Apartment on Madeira, Portugal, 212 m² - picture 1
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  • Apartment on Madeira, Portugal, 212 m² - picture 17
  • Property ID on Prianproperty.com: 4035227
    Last update: 09.05.2025
    Number of views: 166

750 000 €

Apartment on Madeira, Portugal, 212 m²

212 sq.m 4 3 3
Online Viewing Cryptocurrency payment

  • On the map
  • Property ID on Prianproperty.com: 4035227
    Last update: 09.05.2025
    Number of views: 166

Specifications

Sale price 750 000 €
Price per square meter 3 537 €
Floor area 212 m²
Floor 5
Number of storeys 7
Total number of rooms 4
Number of bedrooms 3
Number of bathrooms 3
Construction phase New building

Additional services

  • Online viewing is available
  • Cryptocurrency payment is available

Finance

Business expenses
Not included in the price
Total expenses 49 483 €

Description

Dreaming of living by the ocean on a sunny island in a safe country?

Madeira is waiting for you!

Spacious 3-Bedroom Apartment in the Heart of Funchal — Comfort, Style, and Investment Potential

These modern, fully furnished apartments are located on the 5th floor of the prestigious Plaza Madeira building and offer exceptional comfort and functionality right in the center of Funchal, the capital of Madeira Island. The total area is 212.70 m², including 173.20 m² of private living space.

Prime Location:
Plaza Madeira is ideally situated in the heart of Funchal, within the same complex as the city’s most popular shopping center. Everything is within walking distance — designer shops, restaurants, cafés, supermarkets, pharmacies, banks, public transport, and the luxury The Vine Hotel. It’s the perfect location for both living and renting.

A Smart Investment:

  • Long-term rental income potential: 10%+ annually

  • Short-term (tourist) rental income potential: 20%+ annually, thanks to the prime location and high-status building

  • Apartment Features:

  • 2 spacious suites (bedrooms with private bathrooms)

  • 1 additional bedroom + separate bathroom

  • Bright and open living room with balcony access

  • Modern, fully equipped kitchen

  • Separate laundry area

  • 14.50 m² balcony with views of the city and mountains

Additional Amenities:

  • 2 underground parking spaces

  • Sold fully furnished and equipped with appliances

  • Building includes indoor pool, elevators, and video intercom system

Safe and Transparent Transaction:

  • We ensure full legal transparency of the transaction

  • We assist with bank financing if needed — making the buying process smooth and secure

Why Choose Plaza Madeira:

  • Central location: everything at your doorstep

  • Bright, spacious, and stylish

  • Move-in or rent-ready

  • Ideal for living, holiday stays, or generating passive income

Contact KW Alfa Madeira — Portugal’s #1 real estate agency.
Let us guide you home — where your dreams become reality.


Additional features

House's or compound's infrastructure and equipment

  • fitness center
  • swimming pool
  • restaurant
  • beauty salon
  • secured area
  • concierge
  • guarded parking
  • elevator
  • playground
  • shops
  • medical facilities
Read further

Apartment details

  • fully furbished
  • sea view
  • fine finishing
  • complete furnishing
  • balcony/terrace
  • air conditioner
  • security alarm
  • high-speed internet access
  • telephone connection
Read further

Household appliances

  • fridge
  • washing-machine
  • dishwasher
  • stove
  • tv
  • microwave
Read further

Contact seller

Message sent

Representative

Palina Lysenka
real estate agent
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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Seller
Palina Lysenka real estate agent

KW Alfa Madeira

Languages: english
Contact seller
Messengers: