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Mercury Group

Luxury T1 Loft in the Centre of Funchal

Portugal, Madeira, Funchal
Funchal (Sé)

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Property description

ID: PT-175-118808

Portugal, Madeira, Funchal
Funchal (Sé)

Object type

Apartment

Market

New building

Bedrooms

Category

For sale

Price

€ 600 000

Currency calculator

Summ

From

Total

Choosing this development is choosing the city of Funchal and one of its most emblematic blocks. Here, the history of Madeira joins sophistication and modernity, overlooking the Atlantic and half walls with the peculiarities of a city with 6 centuries of traditions.This venture is a unique project. From the old house, through more classic apartments to the most modern and minimalist spaces, through the industrial-inspired lofts, the difficult will be to choose.

Basic parameters:

Bedrooms: 1

Number of rooms: 2

Floor: 3

Balcony

Garden

Parking lots: 1

View characteristics:

Water view

Mountain view

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

Category

For sale

Price

€ 600 000

Currency calculator

Summ

From

Total

Ask full information about the property

Olga Zagainova

+ 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

Loan amount

€ 0

0 €

Rent Monthly Cost

0 €

Buy Monthly Cost

€ 0

0 €

Rent Total Cost*

0 €

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.