Source: Freepik Author: Redaction The World Travel Awards, known as the Oscars of Tourism , took place last Wednesday, 6 March, at a ceremony in Berlin that honoured various destinations and cities, and in which Portugal managed to shine with a total of 31 awards. The distinction, which left Portugal in the spotlight at the ceremony, honoured the country in different categories, cementing its place as the destination of choice for international tourists. For the tenth time, Madeira was voted Europes best island destination , while Porto Santo made its debut as the best beach destination. At national level, the cities of Lisbon, Porto and Braga stood out, receiving the awards for best urban destination, best metropolitan seaside destination and best emerging destination, respectively. The Azores was also honoured as the best adventure destination. As for tourist attractions and projects, the Paiva Walkways were honoured as the best adventure tourist attraction, the Mondego Walkways as the best tourist project and Dark Sky Alqueva as the best tourist attraction and best responsible tourism project. Even TAP - Transportes Aéreos Portugueses, picked up awards, taking home two honours: best airline in Europe to South America and best airline in Europe to Africa. About travelling and tourism: Discover the wonders of Portugals most beautiful roads , Best cities in the world in 2024: Lisbon and Porto in the spotlight and Vila Nova de Milfontes: a guide to living in this town
Source: Freepik Author: Redaction Figures from the Hotel Association of Portugal (AHP), released this Friday, show that there was a 68% increase in the occupancy rate in 2023 , seven percentage points more than in 2022. As a result, the average price per room also increased, standing at €141. The survey of AHP members shows that the Azores were well below the rate recorded in 2022 , with 64%, i.e. five percentage points less than in 2022, while Madeira saw a very significant rise, to 81% , according to Cristina Siza Vieira, Vice-President of the association. The highlight also goes to the Central region with 58%, the North with 60% and Lisbon with 75% , which also saw their hotel occupancy rates rise. The Algarve, on the other hand, maintained the same figure, below pre-pandemic levels. Average prices per room rose in all regions, with the national average standing at €141 , and the main markets to see interest in accommodation were Portugal, the United Kingdom and the United States, especially the latter. Christmas and New Year increase occupancy rates According to the AHP, the Christmas and New Year season helped to drive up the occupancy rate at national level , rising one percentage point to 51% at Christmas and 9 percentage points on New Years Eve, to 70%. The average price per room at Christmas also rose to €124, and the increase was more significant on New Years Eve, when it rose to €173. SUPERCASA Notícias brings you all the latest news: Best cities in the world in 2024: Lisbon and Porto in the spotlight , AL data confirms tourism growth in Portugal
Source: Freepik Author: Redaction Last Monday, January 29th, the National Statistics Institute (INE) released the median bank appraisal values for housing , which stood at 1,536 euros per square meter in December 2023 , representing an increase of 6 euros compared to November. In year-on-year terms, the rate of change was 5.3%, compared to 5.6% in November. In the month under review, the number of bank appraisals was around 29,500, representing an increase of 0.8% when compared to the previous period, as well as an increase of 21.8% year-on-year. As for the annual variation, the median appraisal value was 1,521 euros per square meter in 2023 , representing an increase of 8.6% compared to 2022. According to the statistics office, the biggest increases were in the West and Tagus Valley, with values rising by 2.1% compared to the previous month, while the only decrease was in the Autonomous Region of the Azores, which recorded -0.2%. When comparing the values with December 2022, the median value of bank appraisals of real estate increased by 5.3%, with the most intense variation occurring in the Autonomous Region of Madeira, with 15.5%, and the smallest in the Algarve, with 0.9%. Read also: More than 5,000 families have already asked for their housing payments to be fixed
Source: Freepik Author: Redaction Portugal is a destination of great interest to foreign investors and tourists , who are looking for a good quality of life and the immense qualities of our country, including its gastronomy, climate and low prices compared to other European cities. New Years Eve is no exception and, although it doesnt offer the same pyrotechnic spectacles as cities as iconic as Sydney or New York, Portugal is still an attractive destination with great potential for this type of festivity. This trend is confirmed by flight search engine Jetcost, which lists Portugal as one of the most popular European destinations for New Years Eve celebrations. According to the ranking, released last Thursday, December 21, Portugal is in 3rd place in terms of preferences , with the mild climate, cultural richness, customs, festivals, gastronomy and lower prices compared to other locations in the world being pointed out as the great added value and attractiveness factors for tourists and foreigners looking for our country during New Years Eve. There are at least five Portuguese cities that stand out the most , as indicated by the international search engines analysis. Lisbon , Porto , Faro , Funchal and Ponta Delgada are the national cities chosen by foreigners, with Spaniards, Germans, Italians and Dutch preferring the capital, Lisbon. On the other hand, its the French who are most looking for the north of the country, followed by the British, who prefer the Algarve. On the islands, there are travelers from all over Europe. Just ahead of Portugal in this ranking are Spain and Italy, in first and second place respectively. Did you like this article? Read on: Real Estate Predictions 2024: find out what the experts say
Source: Freepik Author: Redaction The INE (National Statistics Institute) released data on the number of building permits in Portugal on Thursday, December 14, showing a reduction in the 3rd quarter of 2023 compared to the same period in 2022. During this period, 5,300 buildings were licensed, a decrease of 9.7% compared to the 3rd quarter of last year , and also a drop when comparing these figures with those of the 3rd quarter of 2019. In new construction, licensing fell by 10.6% compared to the same period in 2022 , while licensing for rehabilitation fell by 8.3% compared to 9.2% in the 2nd quarter of 2023, and -26.8% compared to the 3rd quarter of 2019. On the other hand, completed buildings fell by 1.2% compared to the 3rd quarter of 2022 . However, there was an increase of 6.5% compared to the 3rd quarter of 2019, for a total of 3.9 thousand buildings. According to INE, 76.3% of all licensed buildings were new constructions, of which 80.7% were for family housing . As far as buildings for demolition are concerned, they accounted for 5.8% of all buildings licensed in the 3rd quarter of last year. With regard to the types of construction under analysis, INE points out that both buildings licensed for new construction and rehabilitation showed decreases compared to Q3 2022, with reductions of 10.6% and 8.3% respectively. Compared to the previous quarter, these decreases were 8.2% and 11.6% . Regarding the areas where the reductions in licensing were most pronounced , the Lisbon Metropolitan Area and the North stand out, with 17.6% and 16.3%, respectively. On the other hand, the only regions where there were increases were the Autonomous Regions of Madeira and the Algarve , compared to the 3rd quarter of 2022, with rises of 12.1% and 8.2%, respectively. The Northern region remained the main driver in all indicators, standing out with 36.4% of licensed buildings, 36.8% of new constructions, 35.1% of buildings intended for rehabilitation and 48.7% of dwellings licensed in new constructions for family housing. The Center ranks second both in terms of building permits (28.6%) and new constructions (28.3%), as well as buildings for rehabilitation (29.8%) the INE points out, adding that in terms of dwellings licensed for new construction for family housing, the AML, with 18.8%, ranks second, after the North. Related: Housing licenses to be accelerated with new law
Source: Freepik Author: Redaction The growth of tourism in recent years has led to a growth in the national economy driven by an increase in exports , however, the Portuguese economy is still predominantly sustained by domestic demand. Last year, GDP increased by 6.7 per cent, with domestic demand (private consumption, public consumption and investment) generating 70 per cent of that figure. This year, the Portuguese Public Finance Council predicts that this figure will fall to 50 per cent. However, the organisation anticipates that between 2024 and 2027, domestic demand will grow more than GDP itself. Although part of domestic demand is fuelled by imports , due to the scarcity or non-existence of some products on the domestic market, a considerable part of Portuguese consumption is satisfied by domestic production and guaranteed by interregional trade between the countrys seven main regions (North, Centre, Lisbon, Alentejo, Algarve, Madeira and Azores). This Monday, November 27, the Faculty of Economics of Coimbra launched a study for the Centre of Competences for Planning, Policies and Foresight of the Public Administration (PlanAPP) called Interregional trade in Portugal with the aim of exploring the exchanges between Portuguese regions and the economic impact triggered by public shocks or investments . Although international exports have been increasing consistently, interregional trade is fundamental to the national economy, with figures on the same order of magnitude as international trade, the study reads. Based on the year 2017, the study has a sample of 431 products produced by 125 branches of activity. It found that in the Lisbon metropolitan area (AM Lisboa) and the North region alone, interregional trade accounted for an average of 81 per cent of the wealth created annually in these regions. Not all regions show the same results, the majority show trade balances in deficit, however, the Lisbon metropolitan area and the Alentejo stand out as the only ones to show a positive interregional trade balance , i.e. they export more goods than they import from the other regions. At the top of AM Lisboas interregional exports are products under the heading Electricity, gas, steam and cold air , a phenomenon that is due to the headquarters effect that the region concentrates. Since the headquarters of E-Redes and other companies in the sector are in the Lisbon MA region, and part of the salaries and profits are distributed there, this means that part of the activity that is localised in the region serves to meet the demand that exists in other regions. This is what drives net interregional exports, reads the report. In the Alentejo, according to data from the study Interregional trade in Portugal, four products stand out: food, beverages and tobacco; coke and refined petroleum products, agricultural products, forestry and fishing, and electricity, gas, steam and cold air. The Alentejo is also the only region in the country with a trade surplus . However, according to the authors of the study, the contribution of the balances analysed here is different, since both the international balance of goods and services and the balance of goods and services related to tourism have a deficit balance, and the surplus of the interregional balance cancels out the deficits of the others, since the Alentejo region is mostly an exporter to the national territory . On the other hand, the Algarve and Madeira have the biggest interregional trade deficit, 29 per cent and 31 per cent of Gross Value Added (GVA) respectively, as they import almost twice as many goods as they export to the rest of the country. Read also: Teachers relocated to Lisbon and the Algarve will receive support or Centre Region has until the end of the year to implement PT2020
Source: SUPERCASA Author: Redaction The Real Estate eGO Workshops have been very successful from north to south of the country, having promoted, throughout this year, several learning opportunities for agencies and consultants. On November 23rd, the ego Real Estate team was present on the island of Madeira with an exclusive event that hosted several real estate agencies in the region. With the theme Sales in Real Estate , agencies, consultants and managers had the opportunity to learn more about the different features of real estate management CRM as true allies in the day to day management of your business and at all stages of the process of selling, buying or renting a property. In this way, participants were able to watch practical examples on how to automate daily tasks in their CRM , which allows real estate professionals to gain time to focus on what they love to do: sell. As has already been customary in the Real Estate Ego Workshops, and Madeira was no exception, this event gave way to an authentic forum for the establishment of new contacts, exchanges of ideas and sharing of knowledge . During the event, the team had the opportunity to speak with some Madeiran agencies, namely Pro Real Estate , in the person of Paulo Camacho, CEO of the agency . The opinion of the Workshop in 1st hand by those who use the eGO Present in the market for almost 2 years and with a differentiated customer portfolio, Paulo Camacho considered the MLS Network ego Real Estate very advantageous , since it allows his agency to share real estate with other agencies, at national level, which are integrated in this network. Since it is the largest MLS network in the country, there are several advantages that this feature offers, with particular emphasis on the fact that it responds to a permanent need of the real estate market: guarantee the buyer customer who presents the property that he seeks and find the right customer for the property raised. This was one of the highlights of the Workshop, in which the ego team had the opportunity to share all the advantages of the MLS Network, as well as to clarify the various doubts that were placed throughout the event. Another advantage pointed out by the CEO of Pro Real Estate Madeira is the full integration of CRM with other fundraising tools, such as the real estate site: from the site to the CRM, everything is incorporated , which makes the whole activity much easier, allows the integrated management of different channels from a single location. Regarding the premium monitoring provided by the ego Real Estate team , Paulo Camacho says that it is very good , since it is a team available at all times to meet all doubts and requests, helping Pro Real Estate Madeira 100% . The Workshop ended with Ginjinha dÓbidos and the kisses of Caldas, in a welcoming atmosphere among all participants, reinforcing the importance that this type of events represent for a sector in constant evolution, since they give real estate professionals the opportunity to know the news of the market and to create a moment of knowledge sharing. Interested in participating? Point out in your agenda the next one: Aveiro !
Source: Freepik Author: Redaction According to the press release sent to SUPERCASA Notícias , JLL has just arrived in Madeira , a market that promises to be an essential destination on the global property investment route. The real estate consultancy opened its first office in the region on 6 September, marking the occasion with the Why Madeira conference, which presented the main performance indicators for real estate in the region and the factors that put it on the map for real estate investment by both Portuguese and foreigners. A natural target on the property consultancys expansion route in Portugal, Madeira has aroused increased interest in JLL due to its growth potential, as it is the residential market with the highest growth rate in the country, both in terms of number of transactions and sales volume. According to data from the INE (National Statistics Institute), the regions housing market transacted 4,150 homes in 2022, an increase of 48 per cent compared to the 2,800 sales in 2019. Over this four-year period, the market has doubled in terms of investment attracted (+116%), from €369.4 million to €841.4 million today. Madeira thus outpaced the growth of any of the countrys other regions, as well as the national average. In the same period, the Portuguese residential market grew by 8 per cent in the number of homes sold and 41 per cent in capital invested. For Joana Fonseca, Head of Strategic Consultancy & Research at JLL: Madeira has growth rates above all other regions and far exceeds the countrys average pace. Its a market that has doubled in value in four years, but still only has a 2% to 3% share of the national residential market, so it has one of the highest potentials for expansion. It still has plenty of room to grow, especially in the international segment. We have no doubt that the region will gain a place on property investment routes around the world, following the brilliant path it has always taken in tourism. With more than 25 years experience in Portugal, the global property consultancy is making its debut in this market with the opening of a permanent public contact space in Funchal, a dedicated team of four and a portfolio of property products already on sale. The new space reinforces JLLs network of contact points with its clients, which already has offices in Lisbon , Cascais , Oeiras , Porto , Comporta and the Algarve . Initially, the main focus of activity in Madeira will be the residential market, for which the consultancy offers a full range of services, both for those wishing to sell and for those wishing to buy or rent a home, whether they are developers, builders, investors or end consumers. The portfolio of projects being commercialised already includes prestigious developments such as Formosa Bay Pestana Residences & CR7, Savoy Residences Monumentalis and Savoy Residence Insular. Patrícia Barão, Head of Residential at JLL, commented in the note to which SUPERCASA Notícias had access: As well as being a tourist destination of excellence on the international scene, Madeira is increasingly sought after by foreigners and mainlanders to buy a house or invest in property projects, whether for first or second homes. This is evident in the rate of growth of the market, which contrasts with the patterns of other regions, as the figures for the last year also show. While house sales in the country had a residual variation of 1% in 2022 compared to the previous year, in Madeira they increased by 16%. In the other regions of the country, sales grew by a maximum of 8% year-on-year. This is to say that the regions strong growth trend is not cyclical and has been consolidating itself . Foreigners are the main investors in Madeiras property market One of the main drivers of the strong expansion of Madeiras market has been the international segment: between 2019 and 2022, foreigners will increase their share from 4% to 9% of homes bought in the archipelago. This is a market segment whose value invested has increased sixfold in this period, also outstripping all other regions in terms of growth rate, emphasises Joana Fonseca. In 2022, foreigners bought around 370 homes in Madeira, equivalent to 9% of the homes traded on the market, investing €124.2 million. These figures show growths of 200% and 500%, respectively, compared to the reality of the same market in 2019, when foreigners bought around 120 homes worth €20.5 million. The dynamics of this fringe of demand reflect demographic movements, including the sharp increase in the foreign population living in the region. According to the 2021 Census, in the last decade the number of foreign residents in Madeira has risen by 25 per cent to more than 7,000 inhabitants, including those from Venezuela (29 per cent of the foreign total), the United Kingdom (13 per cent), Brazil (10 per cent) and Germany (7 per cent). In the same period, the total population fell by 6%, leading foreigners to increase their share from 2% to 3% of the Archipelagos resident population. In addition to the good sales performance, Madeiras property market is also notable for its solid appreciation, with the average house sale price standing at €326,681 in 2022, much higher than the levels of less than €200,000 seen at the start of the last decade. For Patrícia Barão, this price evolution reflects the growing affirmation of the region as an international investment destination and the qualification of the product appearing on the market , although she emphasises that, like the rest of the country, this is a market in which the pace of new supply remains well below the capacity of demand, with around 4.6 homes sold for every new home completed in the last 10 years. It is therefore essential and urgent that property developers and investors invest in Madeira, where there is a huge fringe of national and international demand yet to be satisfied. At JLLs debut conference, the consultancy also highlighted the attributes of this region, which for the last 8 years has been uninterruptedly considered the worlds leading island destination for tourism by the World Travel Awards and which has an average temperature of 19.4º throughout the year, as well as excellent educational, health and leisure facilities . In addition to the excellent quality/price ratio of its properties, Madeira has attributes that are increasingly valued by those looking to invest in a home, either as a second home or as an investment. Safety, a mild and stable climate, low population density, as well as a cosmopolitan and urban character that coexists with natural surroundings of mountains and sea, are just some of these qualities, which will position the island as a residential destination as highly rated as it is on tourist routes. We want to actively contribute to making this happen and thats why were betting heavily on this market, concludes Pedro Lancastre, the consultancys CEO, who was also present at the conference. SUPERCASA Notícias brings you all the latest news on the property market in Portugal
Source: Freepik Author: Redaction The Government of Madeira has announced its intention to act as a regulator in the housing sector by launching the construction of homes that will be sold at prices 30 per cent below the market value. Pedro Fino, Secretary for Equipment and Infrastructure, says that the government is acting on the supply side in order to have a regulatory effect on the housing market . In this sense, and according to the Governors speech during a visit to a plot of land in Funchal , 55 dwellings will be built in the same area, as part of the Casa Própria Programme , whose approval has already been decreed in the regional legislature. The aim is to promote affordable housing. The Casa Própria Programme includes a set of incentives for housing cooperatives and real estate developers to build and rehabilitate properties with the aim of placing them on the market at prices adjusted to the effort rate of the middle class and young people starting their working lives . According to the executive, the final purchase price, under these conditions, will be up to 30 per cent lower than prevailing prices . As for the land on which the 55 homes will be built, it will be given to the private developer for an investment of around 10 million euros, supported by a subsidised credit line and reduced VAT . According to the government official, we will also make a 50 per cent non-refundable contribution to the purchaser, while indicating that the average price of these properties should be around 160 thousand euros. New projects will also be presented for the construction of another 200 homes, also under the Casa Própria Programme, in Funchal. If youre interested in this topic, you can also follow: Construction workers demand wage increases , Azores invests in new affordable housing or Houses of the Week on Madeira Island
Source: Freepik Author: Redaction Published last Tuesday, 27th June, the new provisional data from the INE (National Statistics Institute) shows new rises in the median value of housing rents at the local level, for the first three months of 2023. According to the Statistics Office, for the period in question, the median value of rents in new contracts was set at 6,74 euros per square metre, representing a year-on-year increase of 9,4%. However, and in comparison to the last quarter of last year, this is a drop of 2.5% and also the first since the beginning of 2022. Regarding the celebration of new lease contracts, between January and March 2023, there were only 24,300 new officializations, representing a drop of 1.7% in comparison with the same quarter of 2022 , in which 24,727 new contracts were registered. However, when comparing the first quarter of 2023 with the previous three months, there was an increase of 7.4%. The increase in the median rent occurred in 13 of the countrys 25 sub-regions, according to the analysis prepared by INE , with highlight to Alentejo Litoral and Terras de Trás-os-Montes, with increases of 12.8% and 11.5% respectively. On the other hand, the Autonomous Region of the Azores , Lisbon and Oporto registered decreases of 8.0%, 1.2% and 4.3% respectively. The Metropolitan Area of Lisbon, however, continues to be the sub-region where rents were the highest during the first quarter, with tenants spending, on average, 10.38 euros per square metre, followed by the Algarve (7.81 euros/m2), the Autonomous Region of Madeira (7.73 euros/m 2 ) and the Metropolitan Area of Porto (7.29 euros/m 2 ). About these records the INE commented: As in previous quarters, all municipalities with over 100 thousand inhabitants in the metropolitan areas of Lisbon and Porto, with the exception of Santa Maria da Feira (4.70 euros/m2) and Gondomar (6.36 euros/m2), recorded median rents higher than the national. Also read: More than 150 thousand families will receive rent support subsidy , 31% of the landlords admit having rents in arrears
Source: Freepik Author: Redaction On June 07, the Legislative Assembly of the Autonomous Region of Madeira approved the Casa Própria, a program that intends to encourage the availability of housing, counting on making available, per year, 200 properties , in a total of 2.000, and whose impact, according to Pedro Fino, Regional Secretary of Equipment and Infrastructures, will mark the housing policy of the next decade. The Casa Própria intends, through several incentives, to lead to the construction and rehabilitation of real estate for housing not only for families, but also for economic use , having as main objective to adjust the values of the houses sold by the effort rates of the middle class and young people who are starting their professional life, being made for that a price reduction of up to 30% in relation to those that are currently practiced, being available for all Madeirans. The Regional Secretary of Equipments and Infrastructures, Pedro Fino commented about the Casa Própria: The measures contained in it aim to create a favourable environment so that, through private initiative, more houses are built, in order to achieve a better balance in the housing market, through the adjustment of the offer to the income of many families , adding the price regulating effect in the housing market as another of its merits, since it is intended to regularize the prices practiced in the market . In order to achieve this goal, support will be given to cooperatives and property developers , in addition to the provision of land for the construction of buildings or their rehabilitation, as well as support in financing and guaranteeing the sale of sold fractions. Besides that, in case there are no eligible families to celebrate the deeds, at the time of attribution, the managing entity may acquire up to 20% of the existing fractions. As for support to families, non-refundable contributions are stipulated, up to 7.5% of the amount for the composition of the down payment to be paid in the promissory contract of purchase and sale , with the rest to be assumed by the families up to a limit of 15%, and also preferential conditions in housing credit in the credit institutions that have a protocol established with the Regional Government. Pedro Ramos, Regional Secretary of Health and Civil Protection points out that another of the measures will be the possibility of a loan, without interests, of the amount up to 50% of the families own capital, when these do not have the total amount necessary for the composition of the down payment, through amortization until the deed date and conditioned to the compliance of the loan rate of up to 40%. The Regional Government continues to emphasize the good management of the available patrimony, speaking of the profitability of deactivated schools or other unused public buildings as a solution to follow in the incentive to create more housing. Read also: Over 64% of properties have been identified by BUPi , Madeira Island Homes of the Week
Source: SUPERCASA Author: Redaction Renowned for its mild climate, green landscapes and enormous botanical gardens, Madeira Island has unique and extremely appealing characteristics, whether to visit on holiday or to live full time. Its wonderful landscapes conquer admirers every day, in an intense contact with the unique nature of this very special place. And if you are a resident and looking for a new property, or even if you are thinking of moving your life to this place, SUPERCASA presents you some suggestions that will certainly please you. The cost of living in this island is extremely affordable, considerably lower when compared to life in mainland Portugal, and therefore, it is also easier to find housing. And this is just one of the many advantages, as when you move to Madeira, to one of the four islands of the archipelago, you will have at your disposal a set of essential assets for a peaceful and comfortable life. Traffic is extremely calm, theres a huge range of healthcare and shopping facilities and, for those who love outdoor sports, theres plenty of choice. And then, if you want to learn about the islands culture and heritage, there are plenty of places to visit! Some of the most interesting and must-see places are Pico Island, trips on the Funchal cable car, the Lavradores Market or a stroll along the black sandy beaches. If you have surrendered to this idyllic picture, take a look at the properties that await you on the island of Madeira! Detached House 5 Bedrooms in Machico This villa is the ideal investment for those looking for a spacious, bright, equipped and high quality finishings house. It has an annex villa, which can be used as office space, so its perfect for those looking for a home business, with enough space to open a business, right in front of the house! At the entrance you will find a beautiful garden, with fruit trees that give it privacy, and the villa itself is divided into three distinct floors. The garage is huge, with space for four cars inside and outside, and with a wine cellar and adjoining room that you can use as a games room, with a bar. There are many features of this property, which you can read in the full ad here . And see also the illustrative video, the virtual tour and all the photos! House 3 Bedrooms +1 Triplex in São Martinho, Funchal This property is inserted in a closed condominium, standing out for its spacious areas, tranquil location and huge garden. Outside, you will benefit from a large swimming pool, available whenever you feel like a swim and, although it is a semi-detached villa, this property is extremely quiet, giving the feeling of being a detached villa. The kitchen is fully equipped and has access to the outside, where you will find the barbecue area and patio, which will encourage you to gather your friends and family. As for the interior areas, the finishings are of extreme quality and the architecture is refined and modern. And if you still have any doubts, this villa is very close to schools, services and good accesses, for those seeking not only the city life, but the peace and quiet of the area in which it is inserted. See the complete ad here , where you can see all the photos, the virtual tour and the video of the property. 1 bedroom flat in Funchal Suitable for those looking for a modern house with excellent materials, this flat is located right in the centre of Funchal and brings together features such as private parking, air conditioning, equipped kitchen and large and bright areas. By choosing this flat, you are joining a condominium that offers incredible benefits such as swimming pool, gym and bars, where you can enjoy a dynamic and quiet life. Below see the illustrative video of the property and, in the full ad here , see all the photos, floor plan and virtual tour. Read also: Homes of the week in Lagos or Barceló Hotel Group opens a new hotel in Funchal
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