ID#Portugal010
15 photo
Madeira, Portugal

Architectural masterpiece on Formosa beach (#IPo 20-10)

845 000

«Approved Investment» VelesClub Int. — is an architectural masterpiece located in front of Formosa Beach, one of the most beautiful in Funchal on the island of Madeira. The complex is located 10 minutes from the center of Funchal and has easy access to the main regional road network, allowing easy access to all areas of Funchal and all other municipalities of the island of Madeira. The complex covers an area of 37,000 square meters. m near a 250-meter ocean coastline. The architectural style of the buildings combines traditional lines and modernity. In the heart of this paradise are two majestic buildings housing approximately 200 luxury apartments of 2, 3 and 4 bedrooms. All apartments have parking and storage room. All apartments are light-filled, south facing and designed to enhance the natural beauty of the surrounding landscape and take advantage of a privileged location with unobstructed views of the Atlantic Ocean. From here you can watch the sunset over the majestic Cabo Girão every day. 10,000 sq. m of the complex will be allocated for a public garden, which merges with approximately 6,000 sq. m of private gardens and exclusive green areas for apartments located on a higher level. In this oasis you will find a wide range of amenities designed for your well-being and comfort, including swimming pools and a gym.

VelesClub Int. residents have special prices, individual forms of payment and installment payments.

*The analysis was carried out within the framework of an individual investment model to achieve maximum profitability for the period specified in the characteristics. For a full analysis or free consultation, contact our experts.

The main characteristics of the object

Commissioning 12/25
Entry point 845k €
Projected price growth 5/3% year
Rental yield 4%
Exit point 1050k €
Total lots 187
Square 145 - 360
Layout 2+1 – 4+1
The current lease agreement no
Analysis Period ➠➠➠ 12/27*

Social infrastructure of the facility

Pool
Gym
Relaxation area
Terrace
Landscaped area
Playground
Parking
CCTV
Security
15 photo
Posted 18.01.2024

ID#Portugal010 / On the map

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