Used
3-Bedroom Apartment at Monumental Palace, Funchal
Bedrooms
3
This magnificent 3-bedroom apartment occupies the coveted top floor of the prestigious Monumental Palace building, standing as a testament to refined living in the heart of São Martinho. Upon entering, one is immediately struck by the exceptional natural light that permeates the space, thanks to its prime solar orientation. Situated in a privileged area of Funchal, this residence offers the perfect blend of privacy and accessibility, placing you within walking distance of the finest amenities while maintaining the serene atmosphere of a high-end Madeira property.
The interior layout is meticulously organized across two levels to ensure maximum comfort and privacy. The main floor features a welcoming entrance hall leading to a spacious living area and a charming balcony. It comprises a master suite, two additional well-appointed bedrooms, and a fully equipped kitchen with a dedicated laundry area. Ascending to the upper level, you will find a vast attic space that serves as an additional bedroom, complete with its own private balcony offering sweeping views of the Atlantic Ocean, providing a unique vantage point for relaxation.
Technically, the property is optimized for both residential comfort and investment potential. It currently holds an active local lodging license (AL), which can be transferred to the new owner, making it an ideal choice for those seeking a turnkey investment in the thriving tourism market of Funchal. The apartment also includes two secure parking spaces and a private storage room, ensuring that practicality is never compromised. The building itself is maintained to high standards, reflecting the quality and prestige of the Monumental Palace development.
Beyond the apartment, the gated community offers an array of luxury facilities designed for an active lifestyle. Residents can enjoy the lush communal gardens, a children's playground, a private tennis court, and a refreshing swimming pool area. The surrounding neighborhood of São Martinho is rich with services, including pharmacies, bakeries, and shopping centers. This is a rare opportunity to acquire a versatile property in a prime location. Please reach out to schedule a private viewing at your earliest convenience.
The interior layout is meticulously organized across two levels to ensure maximum comfort and privacy. The main floor features a welcoming entrance hall leading to a spacious living area and a charming balcony. It comprises a master suite, two additional well-appointed bedrooms, and a fully equipped kitchen with a dedicated laundry area. Ascending to the upper level, you will find a vast attic space that serves as an additional bedroom, complete with its own private balcony offering sweeping views of the Atlantic Ocean, providing a unique vantage point for relaxation.
Technically, the property is optimized for both residential comfort and investment potential. It currently holds an active local lodging license (AL), which can be transferred to the new owner, making it an ideal choice for those seeking a turnkey investment in the thriving tourism market of Funchal. The apartment also includes two secure parking spaces and a private storage room, ensuring that practicality is never compromised. The building itself is maintained to high standards, reflecting the quality and prestige of the Monumental Palace development.
Beyond the apartment, the gated community offers an array of luxury facilities designed for an active lifestyle. Residents can enjoy the lush communal gardens, a children's playground, a private tennis court, and a refreshing swimming pool area. The surrounding neighborhood of São Martinho is rich with services, including pharmacies, bakeries, and shopping centers. This is a rare opportunity to acquire a versatile property in a prime location. Please reach out to schedule a private viewing at your earliest convenience.
All information on this page should be confirmed with the seller. We reserve the right to sell the property to a third party and to correct any errors.
Business State
Available
Price
698 000 €
Reference
API-32-21-72
Business Type
Buy
Property Type
Apartment
State
Used
Energy Certificate
Days On The Market
1
District
Ilha da Madeira
County
Funchal
Parish
São Martinho
Useful Area
176 m²
Gross Area
242 m²

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