Azulara Resort

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14
Property ID# 4904372
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$308,980
1 Bed
Funchal, Madeira Portugal
Property ID #4904372
Local Currency£192,391 British Pound (GBP)
List Date05/16/2009
Description

5* apartments in Madeira
Buy from just 4,320
Net yields of 9.7%


An excellent deal at the 5* Azulara Resort on the beautiful island of Madeira.


Portuguese government statistics have shown that last year saw an average occupancy rate of 91% in 5* resorts on the island. With 70% of the islands land protected from development or unsuitable for real estate, Madeira is safe from overcrowding and congestion and makes Azulara Resort an excellent investment.


The project has high rental returns and clients can purchase these top quality apartments with as little as 4,320 GBP.


 The island of Madeira is an autonomous region of Portugal which enjoys year-round average minimum temperatures of 17 degrees. This makes it an excellent location to be visited throughout the year and the position of the island makes it easily accessible with flight times of three hours or less from numerous mainland European countries.


The Azulara Resort is situated a few kilometres outside of the centre of Funchal and only a twenty minute drive from the islands airport. Fine wine and dining are available on site and the seafood cuisine across the island is to an excellent standard thanks to the abundance of fish in the clear local waters. There are also several world class golf courses on the island with the Palheiro course offering stunning views of Funchal Bay. With two more courses currently in development and the challenges of 27 holes and clifftop fairways, Madeira is a golfers dream destination.


The properties inclusive to this deal are spectacular one, two and three bedroom apartments. Each comes with an ensuite bathroom and the two and three beds also come with their own private veranda.


The development itself has been expertly sculpted into the surrounding landscape with the apartments designed to make maximum use of natural light. The position of the resort allows the inhabitant exquisite 180 degree sea views from Funchal Bay to Camara Do Lobos. The apartments come with full air-conditioning, underground parking spaces, excellent management services and security systems.

 
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Amenities
Residential Property
Apartment
Investment Property
Price Range: $192,391 - $357,872 GBP
1-3 Bedrooms
5* resort
High rental returns
Purchase with as little as £4320 GBP
Several world class golf courses nearby
Excellent management services on site
Average occupancy rates of 91%
Investment Characteristics:
Low Deposit
High Yield
Lifestyle Activities:
Resort
Beach
Spa
Amenities and Services:
Swimming Pool
Parking
Security
Concierge
Property Characteristics:
Freehold
Fixtures and Furnishings:
Air Conditioning
 



 
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