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Madeira, Funchal, Portugal

€435,000
eXp Realty, Portugal
PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

2

SIZE

721 sq ft

67 sq m

Key features

  • Apartamento
  • Centro urbano
  • Investimento
  • NHR (Residente Não-Habitual)
  • Pronto a habitar
  • Licenciado
  • Exclusivo
  • Rentabilidade garantida
  • Valor de mercado
  • Ideal para alojamento local

Description

Located in the heart of one of the most prestigious and sought-after areas of Madeira Island, this elegant one-bedroom apartment is situated on the ground floor of the Apartamentos do Sol, on the renowned Estrada Monumental, specifically in the Piornais area.

Surrounded by some of Madeira’s most exclusive and highly valued developments — including the well-known “Dubai in Madeira”, Monumental Residence and the prestigious Madeira Acqua Residences — this property enjoys a truly privileged location where lifestyle, comfort, and investment potential come together perfectly.

The apartment is located just over 300 metres from Forum Madeira and approximately 500 metres from Doca do Cavacas and Praia Formosa, allowing residents to enjoy some of the best shopping, leisure, and seaside areas in Funchal within walking distance.

Fully renovated to a high standard, this stylish apartment offers approximately 67 m² of carefully designed living space, combining functionality, comfort, and contemporary finishes.

Property Features
AL Licensed one-bedroom apartment
Fully renovated with high-quality finishes
Suite with approximately 14 m²
Kitchen with approximately 13 m²
Dining area with approximately 11 m²
Living room with approximately 16 m²
Two bathrooms
Approximate total area: 67 m²

Situated next to the cycling and promenade path connecting central Funchal to Praia Formosa, this location is ideal for those who value wellbeing, outdoor living, and an active lifestyle — perfect for running, walking, cycling, or swimming while enjoying Madeira’s exceptional climate throughout the year.

Beyond being an excellent property for personal use, this apartment also represents an outstanding investment opportunity, as this area consistently achieves some of the highest rental values and strongest demand on Madeira Island. From an investment perspective, this property is a true hidden gem, as it is licensed for short-term rentals (AL), making it ideal for the tourist accommodation market with excellent profitability potential.

Madeira, Funchal, Portugal

Approximate location
Open mapStreet View

NEAREST AIRPORTS

Distances are straight line measurements
  • Funchal(International)
    10.5 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About eXp Realty, Portugal

eXp Europe is redefining estate agency by offering a smarter, more connected way to buy and sell property. Operating across multiple countries—including the United Kingdom, France, Germany, Italy, Spain, Portugal, Greece, Poland, and more—we provide seamless access to international property markets.

With a network of experienced agents working collaboratively across borders, we make it easier than ever for buyers and sellers to navigate property transactions, whether moving locally or relocating internationally. Our cloud-based model ensures that clients receive expert guidance, real-time market insights, and personalized service—without the limitations of traditional offices.

At eXp Europe, we combine cutting-edge technology with local expertise to deliver a more efficient, transparent, and stress-free experience for our clients. Whether you're buying your dream home, selling a property, or investing in new opportunities, our agents are here to help—wherever you are.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by eXp Realty, Portugal (reference 87014959) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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