Mercury Group
2 bedroom apartment in Rua da Praia Formosa, São Martinho
- Portugal, Madeira, Funchal
- São Martinho
Property description
- Portugal, Madeira, Funchal
- São Martinho
This apartment includes a private pool on the ocean-facing balcony.Come live surrounded by the ocean, lulled by the waves, in this fabulous exclusive condominium in Funchal, all apartments with sea view and Cabo Girão, featuring balconies with generous areas.On a plot of land of 36,000 m2, in front of Praia Formosa, in Funchal, two buildings of elegant and contemporary lines will be built, a total of 213 apartments T2, T3 and T4 spacious, airy and full of light.On the beach will be built a new promenade that will join the promenade of the Lido to the city of Câmara de Lobos. More than 10,000 m2 of land will be ceded to public garden. Contigous, almost as many as 10,000 m2 of gardens and green area, intended for the use of condominium owners, protect the buildings. Area where the pools and other equipment for the use of the condominium owners will be implanted, among which, gardens and gymnasium.The first building to be built, in an autonomous condominium, is the east, named Formosa Bay Residences. Benefiting from the unique location literally on top of the beach, with 250 meters of sea front, all apartments, without exception, will be oriented to the south. To relax with the soft sound of the waves, contemplate the horizon line in the Atlantic Ocean that joins the sky and enjoy the sunset behind the majestic Cabo Girão, the high cape of Europe, with its 580 meters high.There are 89 apartments, on 9 floors, with 9 apartments on floor 0 and 10 on the rest, being 19 T2 and 70 T3, the building has 5 sets of elevators and stairs that give greater privacy between apartments.The T2 apartments have areas between 135 m2 and 180 m2.The 3 bedroom apartments have areas between 160 m2 and 245 m2.In all fractions of floors 0 and 1, as well as in the units at the ends (01 and 10) on all other floors, private pools were designed.All apartments have two private, underground parking spaces. Likewise, all apartments have a private storage room on the same floor as the car park.
Basic parameters:
View characteristics:
Recreation and infrastructure within a radius of 1 km:
- Portugal, Madeira, Funchal
- São Martinho
What you should know, purchasing a property in Portugal
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
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