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Mercury Group

3 bedroom apartment in the centre of Funchal

Portugal, Madeira, Funchal
Funchal (Sé)

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Property description

ID: PT-175-118832

Portugal, Madeira, Funchal
Funchal (Sé)

Object type

Apartment

Market

New building

Bedrooms

Total sq.meters

173 m2

Category

For sale

Price per m2

€ 3 786

Price

€ 655 000

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3 bedroom apartment located in the center of Funchal.This property is inserted in a development located in one of the most prestigious areas of Funchal.All apartments are in the building that houses one of the most sophisticated hotels in the city, a shopping center and one of the areas with the best accessibility in the city of Funchal.Excellent access to all types of commerce (supermarkets, pharmacies, shops, bars, restaurants), public services, leisure areas, as well as the Santa Catarina Park, the Municipal Theatre of Funchal, and the Marina and Port of Funchal.

Basic parameters:

Bedrooms: 3

Number of rooms: 4

Floor: 3

Balcony

Waredrobe room

Parking lots: 1

View characteristics:

City view

Recreation and infrastructure within a radius of 1 km:

School / kindergarden

Supermarket

Park/garden

Portugal, Madeira, Funchal
Funchal (Sé)

Object type

Apartment

Market

New building

Bedrooms

Total sq.meters

173 m2

Category

For sale

Price per m2

€ 3 786

Price

€ 655 000

Currency calculator

Summ

From

Total

Ask full information about the property

Olga Zagainova

(RU, LV, EN)

+ 37126677924

olga@mgroup.lv

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What you should know, purchasing a property in Portugal

GENERAL INFORMATION

Portugal: An overview of the regions with the greatest investment potential in real estate

Buying Property in Portugal: Taxes, Costs, ROI, Property Maintenance, Residence Permit

FAQ about buying property in Portugal

Pre-school, school, higher education in Portugal for non-residents

Residence permit, Visa, Citizenship

The procedure for buying a property in Portugal

Buy vs Rent Calculator

To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the return on investment and capitalization from sale of real estate.

Rental cost per year

How long are you planning to stay in the country?

150 years001 year

Price of the propety

Mortgage interest rate?

210%002%

Down payment amount

Loan term

125 years001 year

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€ 0

0 €

Rent Monthly Cost

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Buy Monthly Cost

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Rent Total Cost*

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Buy Total Cost**

* After 1 year you check out and loose 0 EUR

** 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.

Loan left (without loan %):

0 €

Total property cost:

0 €

Disclaimer: The following buying vs renting calculator is provided for informational purposes only and is not intended to be a substitute for professional financial advice. The results provided by this calculator are estimates and may not reflect the actual costs or benefits of buying versus renting a property. The accuracy of the results may be affected by factors beyond our control, such as changes in interest rates, property values, rent prices, service charges, taxes and other expenses. Please note that this calculator does not include commission fees and taxes which may vary depending on the property and location. You should consult with a licensed real estate agent to obtain accurate and personalised advice regarding your specific financial situation. By using this buying vs renting calculator, you acknowledge that you have read this disclaimer and agree to the terms and conditions of its use.