2 bedrooms other for sale in Sao Martinho, Portugal

• 95 m² surface area (1023 sqFt)
• 2 bathrooms
• 115 m² of land (1238 sqFt)
• Unknown
• 2 bedrooms
• good structural condition

Description: This top-floor apartment with a sea view is located in one of the best locations on Madeira Island, São Martinho. The luxury development offers first-line ocean views, 23 private pools, a reception area, adult and children's swimming pools, a bar/restaurant, gym, games room, work and meeting areas, direct access to Formosa beach, large garden areas, a pedestrian circuit, visitor parking, and more. The apartment comes equipped with a kitchen and air conditioning, as well as 1 storage room and 2 parking spaces. The condominium fee is approximately 1€/M2 with a 40% down payment and the rest upon deed. The property offers easy access to a bike path, shopping center, restaurants, cafes, clinics, pharmacies, banks, supermarkets, cinemas, schools, and more, making it an ideal location for various lifestyles. Expected completion is March 2024, subject to approval. Thoughts on Price: With its prime location, excellent amenities, and stunning sea views, this property is priced at 580,000 which reflects its high potential for appreciation. As one of the best developments on the island of Madeira, this apartment offers a great investment opportunity for those looking to live, generate rental income, or engage in local accommodation. Additionally, payment facilities and bank financing options are available for potential buyers.