Apartment T2 for sale in Madalenas

Apartment T2 in Madalenas with elevator

Santo António

Price reduction

450 000 €
470 000 €
4%

Buy
id. 123511214-1

97 m²

2

2

C

Description

Live close to Funchal’s city centre, with tranquillity, space and all essential services on your doorstep.

This two-bedroom apartment located in a private gated condominium on Avenida da Madalena, in Santo António, combines a strategic location, comfort and excellent condition, representing an increasingly rare opportunity in one of Funchal’s most sought-after residential areas.

With 97.75 m² of private gross area, 133.63 m² of total gross area and 96.58 m² of usable living space, the property offers generous rooms, a functional layout and quality finishes, and is currently in excellent state of maintenance.

Situated on the first floor, its position within the building provides remarkable tranquillity and minimal external noise, creating a comfortable and peaceful living environment.

The living area consists of a spacious and bright lounge, seamlessly integrating the living and dining areas, ideal for family moments or entertaining guests. The lounge opens onto a balcony with open views towards the mountains, allowing natural light to fill the space while offering a pleasant sense of openness.

The private area includes a master bedroom with en-suite bathroom of approximately 18 m², a second bedroom measuring 13.87 m², and two full bathrooms with bathtubs, finished with marble and grey granite.

One of the most valued features of this apartment, and increasingly rare for a two-bedroom property, is the presence of two covered parking spaces in the garage, ensuring both convenience and security.

The condominium also provides exclusive amenities for residents, enhancing quality of life, including a large swimming pool, children’s playground, party room and visitor parking.

Strategic location in Funchal

One of the greatest strengths of this property is its extremely convenient location.

Situated on Avenida da Madalena, the apartment is surrounded by a wide range of essential day-to-day services, including a hypermarket, pharmacy, bakery, restaurants, hairdresser and beauty services, laundry and ironing services, florist, banks and hardware store, among many other shops and services.

It also benefits from excellent accessibility, being close to the Via Rápida, Madeira’s main road network, which allows quick connections to virtually any part of the island.

Funchal city centre is just over 2 km away, reachable in approximately five minutes by car, with several alternative routes available, a significant advantage for those who value mobility and efficient daily commuting.

The proximity to public transport, the local health centre and numerous services further reinforces the convenience of this location, making it one of the most desirable residential areas in the city.

A versatile opportunity

Due to its characteristics, location and excellent condition, this property is ideal both for private residence, for those seeking comfort and quality of life close to the city centre, and for investment, in an area with consistently strong demand.

The apartment can be purchased for €450,000 without furniture, or for €460,000 with furniture included.

Arrange your viewing

If you are looking for a spacious two-bedroom apartment with two parking spaces, a condominium with swimming pool and a strategic location in Funchal, this may be the opportunity you have been waiting for.

Please contact us for further information or to arrange a viewing. 

Details

Private Gross Area m²97
Gross Area m²133,63
Total Lot Size m²- -
Living Area m²96
Bedrooms2
Construction Year2007
Floor1st Floor
WC/Bathrooms2
ElevatorYes
Parking2 Places
Electric Cars ChargingNo

Energetic details

Energy efficiency

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Map

Attributes

Balcony
Backyard
Swimming Pool
Terrace
Garden
Furnished
Storage Room
Equipped Kitchen
Field
Urban
Security System
Close to Public Transportation
Exterior Views
Automatic Door
Location
Permit Parking
Garage with Automatic Door
Gated community
Surveillance System
Contemporary Style
School Area
Mountains
City Center
Near Highway
Near the Church
Near Congress Center
Near School(s)
Near Gym
Near Hospital
Close to Shops
Near Mar
Near Children's Park
Near Garden
Settlement
Easy Access Transit
Residential
ADSL
Water
Networked
Electricity

Rooms

Kitchen
Bedroom
Bedroom
Living Room
Credit Simulation
Listing Price
450 000 €
30 years
Monthly Payment (*)
0

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.