A newly built development of 12 exclusive private villas over 10.400 sq.m. of prime land. The project is privileged to be positioned on one of the best spots on the island. With unparalleled views 5minutes to the city centre, yet in the middle of nature and paradise-like tranquillity. Each plot is 750-950 sq.m. and each villa will be 170-250 sq.m. of internal area built over 2 floors. Construction will take place in two phases. Due to the degree of slope each villa will have an unobstructed 180 degrees view of Funchal and the Atlantic.
Ist phase- three top villas
IInd phase – 9 villas
Currently for sale:
• fully furnished model villa for 590.000 Euros
• 2 unconstructed villas with possibility for modifications of the client starting 450.000 Euros each
• land plots in the second phase for 320 Euros/sq.m.
IDEAL SECOND HOME AND INVESTMENT IN ONE
A luxury 4 bedroom villa with spectacular 180 degrees view over the Atlantic Ocean and Madeira capital Funchal with 6% rental yield p.a.
The newly built house is located only 15min from the airport, in the hills overlooking Funchal, amidst tranquil nature and much sought-out Madeira's eucalyptus forests for their health benefits. The location is very peaceful, away from the bustle of Funchal though still within 5 minutes from the city centre, all the shops, amenities and the islands coastline.
The villa boasts 4 bedrooms, 3 kitchens, 4 bathrooms, 5 toilets and sleeps 10 people comfortably. This can be extended to 12, when the living-room sofa is used. The modern main kitchen is equipped with Whirlpool appliances. The amenities feature heated outdoor swimming pool, outdoor kitchenette and barbecue, fireplace, electric heaters, online camera security and alarm system, high speed internet connection. The house is fully furnished with modern design furniture and ready for moving in.
The villa has three floors. On the first floor above the basement there is a kitchen, dining room, bathroom with one toilet, open wooden staircase, and a spacious living room with direct access onto the patio and the outdoor swimming pool. The second floor, there are two bedrooms with built in wardrobes, each with its own bathroom with shower and toilet. The master bedroom has its own terrace with seating with the most amazing views and a spacious en-suite bathroom. The views of the ocean from your bed are simply incomparable.
The basement floor consists of a third and fourth bedroom; each has its own bathroom with shower, a second kitchen, walk-in closet and second patio. The basement floor can be used as a separate apartment with its own entrance. It is ideal for separate rental to increase the rental potential of the villa.
The layout of the villa is perfect for holidays for large families with 2 bedrooms on top floor and 2 bedrooms on bottom floor, each with its own bathroom and providing privacy as the bedrooms areas are on different floors. The living room, kitchen, patio and garden on the middle floor then serve as space where everyone meets and spends time together.
TEST DRIVE THIS VILLA
Use the unique opportunity to try this property before you make the final decision. A daily rental of this property, perfect for your holiday, for only 249Euros/night for 10 people is available. The price of the rental is deducted off the purchase price upon purchase.
RENTAL AND MANAGEMENT
Full local property management available, ensuring that your property is always taken care of. In vacant periods, the local manager can secure marketing, bookings, check in/out, cleaning of the house. With 70% occupancy the villa now generates 6% p.a. net rental yield for the owner.
The civil parish of Santa Maria Maior was the birth place of the city of Funchal. Santa Maria Maior is rich with the history of Madeira.
Rua de Santa Maria, the oldest street on Madeira Island, is located in this civil parish.
The civil parish of Santa Maria Maior was established in 1577.
Today, Santa Maria Maior has relevant hotel units and a much diversified catering offer. In fact, you can find restaurants offering you the typical food of the region as well as those offering international gastronomy.
In addition, Santa Maria Maior has a few museums you can visit, such as the Electricity Museum. The place where formerly football was played, called Campo Almirante Reis, has been transformed in a garden and is now an arrival and departure point of Monte cable car.
An opportunity to acquire a development site within the historic area of Santa Maria Maior, rich with history and yet modern in vibe.