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Funchal Madeira, Portugal

Writer's picture: Holmes PropertiesHolmes Properties





Investment Details


Availability: Studios - 1 beds


Price: From €200,000


Estimated Completion: Q4 2025


Tenure: Freehold


Rental Yield: 7%


Why Madeira?


- Won "Best Island Destination in the World" at World Travel Awards 2024

- Welcomed over two million overnight visitors in 2023

- 4th Best Place in the World for the flourishing digital nomad community

- Home to designated UNESCO World Biosphere Reserve

- Consistent rental demand due to year-round sunshine

- Madeira boasts a strong submarket score of 95/100 on AirDNA



Full Description


Spacious studio and one-bedroom apartments on Madeira Island, Portugal


Funchal I is an exclusive private condominium, featuring 19 spacious apartments. Investors can choose from elegant studio and one-bedroom apartments, some of which boast private terraces or balconies. All units have been meticulously refurbished to include modern amenities such as an open-concept kitchen, living room, and well-appointed suites with bedrooms and bathrooms.


A key highlight of Funchal I’s architectural design is its aristocratic charm, dating back to the early 20th century. These historic elements have been thoughtfully preserved by leading architects, who reimagined the space to ensure that abundant natural light fills every floor and apartment.




About the Project:


Madeira Island

Studio and one-bedroom apartments

Private terraces or balconies

Totally refurbished

Garden area



Payment Terms:


€10,000 to reserve

25% on CPCV (-€10,000)

10% after 6 months

10% at end of works

55% on deed

Delivery Date Estimated: Q4 2025



Location


The Madeira Islands are a stunning, volcanic archipelago off Portugal's coast, known for rugged cliffs, lush mountains, and crystal-clear waters. With golden beaches, secluded coves, and scenic hiking trails, the islands offer a perfect blend of adventure and tranquillity.


Funchal, the vibrant capital of Madeira, is known for its historic charm and colourful gardens, offering a blend of modern amenities, bustling markets, and rich cultural heritage. Visitors can explore its winding streets lined with traditional whitewashed houses, visit iconic landmarks like the 16th-century Sé Cathedral, or enjoy sweeping views from the famous Monte Cable Car. The region’s exceptional culinary scene is another draw, allowing travel enthusiasts to indulge in Atlantic-inspired cuisine, taste the fruits of organic farming, and enjoy a glass of Madeira wine at one of the island’s many drinking dens.


Our project boasts a prime location, just 5 minutes from the city centre and a stone's throw from local restaurants, supermarkets, hospitals, and the marina. Perfectly positioned for convenience, everything you need is right on your doorstep.

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