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1 bedroom other for sale in Sao Martinho, Portugal
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1 bedroom other for sale in Sao Martinho, Portugal

575 000€

São Martinho

Features

  • 84 m² surface area (904 sqFt)
  • 2 bathrooms
  • 84 m² of land (904 sqFt)
  • Electric heating
  • 1 bedroom
  • good structural condition

Property description

Description: This 1 bedroom apartment in São Martinho is as good as new, furnished, and currently rented out - making it a perfect opportunity for investors. The property boasts stunning views of the sea and Cabo Girão, located on Estrada Monumental in Funchal. It has authorization for short-term rentals with a potential income of 250€ per day, and the building also features a small gym. The apartment itself has a modern architectural design and is situated in a bustling tourist area, close to various amenities such as services, shops, transportation, promenades, bike paths, clinics, pharmacies, supermarkets, cinemas, restaurants, hotels, and gyms. The spacious layout includes a hallway, a living room with an equipped kitchenette, a balcony, a bathroom, a suite, a suite bathroom, garage space for 2 cars, and a storage room. The property comes fully equipped with a kitchen, air conditioning, a sound system, and high-quality furnishings such as lamps and curtains. This is a not-to-be-missed opportunity for investors looking to capitalize on a prime location with great rental potential. As for the price of 575,000, it reflects the value of the property's location, amenities, and income-generating potential. Overall, this property offers a great opportunity for investors seeking a profitable venture in the real estate market.

Location

São Martinho

Date added: 05.09.2024

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