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Apartments in Funchal, Madeira Portugal

5* Madeira apartments

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Azulara Resort,
Funchal,
Madeira Portugal

1 Bed Apartments from £211,000

2 Bed Apartments from £238,000

3 Bed Apartments from £362,000

5* Madeira apartments
Buy for just €12,437 cash down
Only 5% deposit required
Nothing to pay until completion

Summary

5* Madeira apartments
Buy for just €12,437 cash down
Only 5% deposit required
Nothing to pay until completion
85% LTV mortgage available
Net yields of 9.7%
For floor plans please download the development pack

Download Investment Prospectus PDF,1.16 MB

Development Pack

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Description

You can now own a property in one of Europe’s most desirable second home and holiday destinations with a genuine year round climate, from as little as €12,437 cash down.
Only a 5% deposit is required with nothing else to pay until completion. This premier, 5 star, ocean front development of stunning apartments and villas is now available with the opportuntiy of an 85% LTV mortgage.
As one of the few year round holiday destinations within a three hour low cost flight from the UK, Madeira continues to offer an excellent investment opportunity. Rental returns are high with net yields of 9.7% expected on the development. Official government statistics show that 5* apartments on the island averaged 91% occupancy last year. With 70% of the island’s land protected from development or unsuitable for real estate, Madeira is safe from overcrowding and congestion, plus the continued availability of finance has meant that the property market continues to perform well. Top

Location

The island of Madeira is an autonomous region of Portugal which enjoys year-round average minimum temperatures of 17 degrees. This makes it an excellent location to be visited throughout the year and the position of the island makes it easily accessible with short flight times from numerous mainland European countries. The Azulara Resort is situated a few kilometres outside of the centre of Funchal and only a twenty minute drive from the island’s airport. Fine wine and dining are available on site and the seafood cuisine across the island is to an excellent standard thanks to the abundance of fish in the clear local waters. There are also several world class golf courses on the island with the Palheiro course offering stunning views of Funchal Bay. With two more courses currently in development and the challenges of 27 holes and cliff -top fairways, Madeira is a golfer’s dream destination. Top

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Property

The properties inclusive to this deal are spectacular one, two and three bedroom apartments. Each comes with an en-suite bathroom and the two and three beds also come with their own private veranda. The development itself has been expertly sculpted into the surrounding landscape with the apartments designed to make maximum use of natural light. The position of the resort allows the inhabitant exquisite 180 degree sea views from Funchal Bay to Camara Do Lobos. The apartments come with full air-conditioning, underground parking spaces, excellent management services and security systems.

With its fantastic year round climate, world class wine and food and a host of outdoor recreational activities such as golf, surfing, walking and deep sea fishing, Madeira is a fantastic location for investment. With its prime location, luxurious facilities and finishes, Azulara is set to be the premier resort development on the island. There are only 30 units available with this low cash down offer so the project is expected to be extremely popular.

Amenities

Concierge
Heated outdoor pool
Spa, Gym and Jacuzzi
Restaurant and Bar
Supermarket
Owner’s Club
24 hour security
Underground parking spaces
Wireless internet access Top

Amenities