1 bedroom apartment for sale in Sao Martinho, Portugal

• 1 bedroom
• 2 bathrooms
• N/C

Varino 07 Building, located on Estrada Monumental near the Madeira Forum, boasts contemporary architecture and an excellent location in the heart of São Martinho. The spacious apartments and luxury finishes make this development a standout choice for those looking for a sophisticated living space in Madeira. The building's innovative design features a 'skin' of bronze-colored metal slats with distinct distribution rhythms, complemented by glazed balconies and flower boxes against a dark backdrop. The luxury development includes a gym and a total of 61 units, consisting of 5 commercial spaces and 56 apartments ranging from T1 to T4 typologies. This 1-bedroom apartment offers an entrance hall, a living room with an open-space kitchen and balcony, a social bathroom, and a suite with a private bathroom and balcony. Additionally, the property includes two covered parking spots and a storage room in the basement. The apartment comes with authorization for local accommodation (AL) rental, adding potential for extra income. Completion of the building is set for the first half of 2025. The information provided here is for reference only and subject to change. Regarding the price of the property at 480,000, it reflects the luxury features, prime location, and potential for rental income. The investment in this upscale development is a promising opportunity for both homeowners and investors in Madeira's real estate market.