USD
XCD
ARS
BSD
BRL
CAD
CLP
COP
CRC
EUR
DOP
EGP
HUF
INR
IDR
JPY
MUR
MXN
OMR
PAB
QAR
SAR
RSD
SCR
THB
TRY
AED
GBP
UYU
USD
VND
RUB
BGN
NZD
ZAR
AZN
AUD
BMD
ILS
KZT
KGS
RON
UZS
CZK
CHF
Global Properties

4 bedrooms Apartment in Funchal, Portugal No. 326462

$ 397 401
$ 2 667 per m²
4 Bedrooms
2 Bathrooms
149 Living space, m²
Funchal, Portugal
Parameters
Bedrooms
4
Bathrooms
2
Living space, m²
149
ID
326462
Type
Apartment
Property description
Spacious 4-Bedroom Apartment in São Martinho - Renovation Opportunity

This spacious four-bedroom apartment, with a total living area of 149m², is located in one of the most sought-after areas of Funchal, in São Martinho, on the stunning island of Madeira. The property, in need of refurbishment, offers excellent potential for those who wish to create a modern and comfortable home in a privileged location. With four bedrooms, including a suite, and two bathrooms, the apartment is well suited for families who value both comfort and practicality.

The generously sized living room serves as the heart of the home, with ample space that allows for flexible decoration and the creation of distinct environments, whether for family gatherings or entertaining guests. The kitchen, which requires renovation, offers the opportunity to design a contemporary and functional cooking space. A charming balcony adds further value, providing a pleasant spot to enjoy relaxing outdoor moments.
The apartment also includes private parking and is located in a building with a lift, ensuring convenience and easy access to all areas.

One of the main highlights of this property is its strategic location. Nestled in São Martinho, one of Funchal's most desirable neighbourhoods, the apartment is surrounded by essential services such as banks, pharmacies, schools and supermarkets, as well as restaurants and shopping facilities. Quick access to major roads and public transport makes commuting effortless, whether heading into Funchal's city centre or travelling to other parts of the island.

This property represents an exceptional investment opportunity for those seeking a home with strong potential for appreciation. Whether you wish to renovate it to your taste and transform it into your dream residence, or to capitalise on the rental market, this is a secure and strategic choice. Do not miss this chance to discover the unique advantages of this apartment - schedule your viewing today and see its full potential.
Features
Features
  • Balcony
  • Furnished
Indoor facilities
  • Elevator
  • Garage
Outdoor features
  • Car park
Statistics Funchal
$ 4 873
Price per m²
176
Quality of Life Index
47
Cost of living Index
Parameters
[:second_city:]
Funchal
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 565
2-Room Apartment
$ 1 238
Apartment Purchase Price per m²
In the City Center
$ 4 873
Outside the City Center
$ 3 456
Crime Index
20
Cost of Living and Rent Index
41
Purchasing Power Index
68
Property Price to Income Ratio
15
Safety Index
80
Traffic CO₂ Index
3192
Traffic Inefficiency Index
37
Rent Index
35
Health Care Index
52
Groceries Index
45
Pollution Index
24
Traffic Commute Time Index
19
Restaurant Price Index
44
Climate Index
99
Cost of Living Index
47
Quality of Life Index
176
Traffic Index
86
Restaurants
Meal, Inexpensive Restaurant
$ 13.48
Meal for 2 People, Mid-range Restaurant, Three-course
$ 46.88
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.38
Domestic Beer (0.5 liter draught)
$ 3.22
Imported Beer (0.33 liter bottle)
$ 3.52
Coke/Pepsi (0.33 liter bottle)
$ 1.76
Water (0.33 liter bottle)
$ 1.58
Cappuccino (regular)
$ 1.99
Markets
Milk (regular), (1 liter)
$ 1.12
Loaf of Fresh White Bread (500g)
$ 2.09
Eggs (regular) (12)
$ 3.87
Local Cheese (1kg)
$ 10.66
Water (1.5 liter bottle)
$ 0.87
Bottle of Wine (Mid-Range)
$ 7.03
Domestic Beer (0.5 liter bottle)
$ 1.45
Imported Beer (0.33 liter bottle)
$ 3.08
Cigarettes 20 Pack (Marlboro)
$ 5.86
Apples (1kg)
$ 1.85
Chicken Fillets (1kg)
$ 7.29
Oranges (1kg)
$ 1.87
Potato (1kg)
$ 2.03
Lettuce (1 head)
$ 1.75
Rice (white), (1kg)
$ 1.67
Tomato (1kg)
$ 2.61
Banana (1kg)
$ 1.86
Onion (1kg)
$ 2.05
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.71
Transportation
One-way Ticket (Local Transport)
$ 2.29
Monthly Pass (Regular Price)
$ 35.16
Gasoline (1 liter)
$ 1.98
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 35 211
Taxi Start (Normal Tariff)
$ 4.10
Taxi 1km (Normal Tariff)
$ 1.46
Taxi 1hour Waiting (Normal Tariff)
$ 19.46
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 39 931
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 110
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 48.64
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.46
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 415
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 42.97
Tennis Court Rent (1 Hour on Weekend)
$ 8.79
Cinema, International Release, 1 Seat
$ 9.08
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 65.34
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 34.87
1 Pair of Nike Running Shoes (Mid-Range)
$ 87.90
1 Pair of Men Leather Business Shoes
$ 79.11
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 434
International Primary School, Yearly for 1 Child
$ 8 913
Contact seller
Contact seller

Similar offers