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Property description
This subdivided plot has a registered area of 1184.21 square meters, with a building footprint of 89 square meters and a total permitted construction area of 177.50 square meters.Located just five minutes by car from the center of Funchal, with direct access to the main road, the plot allows for the construction of two semi-detached single-family homes, making it ideal for investors or individuals looking to develop a residential project in an established residential area.The property benefits from an unobstructed sea view and is situated in an area with excellent sun exposure and easy accessibility—features that further enhance the value of this asset.For more information or to schedule a visit, please contact us.
Land in Funchal, Portugal No. 294041
$ 145 425
Funchal, Portugal
Parameters
ID
294041
Type
Land
Statistics Funchal
$ 4 841
Price per m²
172
Quality of Life Index
47
Cost of living Index
Parameters
[:second_city:]
Funchal
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 555
2-Room Apartment
$ 1 230
Apartment Purchase Price per m²
In the City Center
$ 4 841
Outside the City Center
$ 3 434
Crime Index
20
Cost of Living and Rent Index
42
Purchasing Power Index
61
Property Price to Income Ratio
16
Safety Index
80
Traffic CO₂ Index
3192
Traffic Inefficiency Index
37
Rent Index
36
Health Care Index
52
Groceries Index
45
Pollution Index
24
Traffic Commute Time Index
19
Restaurant Price Index
43
Climate Index
99
Cost of Living Index
47
Quality of Life Index
172
Traffic Index
86
Restaurants
Meal, Inexpensive Restaurant
$ 11.64
Meal for 2 People, Mid-range Restaurant, Three-course
$ 46.58
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.32
Domestic Beer (0.5 liter draught)
$ 3.49
Imported Beer (0.33 liter bottle)
$ 4.08
Coke/Pepsi (0.33 liter bottle)
$ 1.82
Water (0.33 liter bottle)
$ 1.57
Cappuccino (regular)
$ 2.13
Markets
Milk (regular), (1 liter)
$ 1.11
Loaf of Fresh White Bread (500g)
$ 2.07
Eggs (regular) (12)
$ 3.84
Local Cheese (1kg)
$ 10.59
Water (1.5 liter bottle)
$ 0.86
Bottle of Wine (Mid-Range)
$ 6.99
Domestic Beer (0.5 liter bottle)
$ 1.44
Imported Beer (0.33 liter bottle)
$ 3.06
Cigarettes 20 Pack (Marlboro)
$ 5.82
Apples (1kg)
$ 1.84
Chicken Fillets (1kg)
$ 7.24
Oranges (1kg)
$ 1.86
Potato (1kg)
$ 2.02
Lettuce (1 head)
$ 1.74
Rice (white), (1kg)
$ 1.66
Tomato (1kg)
$ 2.59
Banana (1kg)
$ 1.85
Onion (1kg)
$ 2.03
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.64
Transportation
One-way Ticket (Local Transport)
$ 2.27
Monthly Pass (Regular Price)
$ 34.93
Gasoline (1 liter)
$ 1.93
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 34 982
Taxi Start (Normal Tariff)
$ 4.08
Taxi 1km (Normal Tariff)
$ 1.45
Taxi 1hour Waiting (Normal Tariff)
$ 19.33
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 39 671
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 109
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 48.32
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.33
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 302
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 42.69
Tennis Court Rent (1 Hour on Weekend)
$ 8.73
Cinema, International Release, 1 Seat
$ 9.02
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 64.92
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 34.64
1 Pair of Nike Running Shoes (Mid-Range)
$ 87.33
1 Pair of Men Leather Business Shoes
$ 78.60
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 431
International Primary School, Yearly for 1 Child
$ 8 855