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Property for sale information

 
MONUMENTAL RESIDENCE - Funchal  
Reference nr: FX01738
Description:

MONUMENTAL RESIDENCE

Monumental Residence, where exceptional condominium living offers you the charm of Funchal city and the vibrancy of the Estrada Monumental all in one location. Located in the heart of Funchal´s tourist zone, close to shopping and restaurants and much much more!

Private condominium. Condominium consists of 57 apartments. Choose from studio, 1, 2, 3 & 4 bedroom designs starting from 112.500,00€ to 475.000,00€.

General

*Exterior Electric Warema-Cruzfer brand metallic blinds (bedroom windows only)
*Stainless steel lifts (Schindler)
*Window sills and doorsteps in Cascais Azulino marble
*Lacquered aluminum window frames with double glazing (brand: Technal)
*Saftey main entrance doors (brand: Tesa)

Kitchen

* Polished Maronagrês tiles – flooring and skirting
* Ceilings and Walls plastered smooth and painted with an anti-fungal paint
* Italian designed kitchen cabinets
* Kitchen counter and backsplash in pearl black granite
* Piped gas
* Vulcano HDG water heater
* AEG Kitchen appliances:
* Gas stove plate
* Stainless steel microwave
* Encased dishwasher
* Stainless steel electric oven
* Encased Refridgerator

Laundry room

* Polished Maronagrês tiles – flooring and Skirting
* Ceilings and Walls plastered smooth and painted with an anti-fungal paint
* Tile edging in washing area
* AEG washing machine
* Ceramic washing tub with enclosed cupboard below
* Blinds for ventilation and visual barrier for laundry drying (brand- Technal)
Bedrooms
* Varnished exotic hard wood floating floors with cork insulation
* Walls plastered smooth and painted with Vinilsoft
* Bedroom closets with sliding doors in lacquered aluminum, the interior of the closet are lined with oak wood
* Varnished wood doors

Living & Dining room

* Varnished exotic hard wood floating floors with cork insulation
* Walls plastered smooth and painted with Vinilsoft
Bathrooms
* Polished Maronagrês floor tiles
* Walls tiled with compacted marble and plastered smooth and painted with an anti-fungal paint.
* Roca brand – Dama series sanitary ware
* Grohe brand faucets
* Roca brand bathtub and shower base
* Vanity counter top in compacted marble with Roca brand hand basin and enclosed cupboard below.
* Fitted mirrors
* Suspended ceiling in Pladur WR paint with an anti-fungal paint

Balcony
* Walls and ceilings plastered with RHP and painted with Novatex plastic paint
* Floors and skirting in Andes brand ceramic tile
* Hand rails in lacquered aluminum and Lamilux glass (brand-Technal)

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 112,500
1 1 125,000
2 1 205,000
3 1 325,000
Features:
Submission Date:
07-15-2008
Last Update:
10-09-2009
Advertiser Details:


Name:
Pedro Silva

Company:
Futurmade Overseas Real Estate

Phone:
351 291 22 12 48
Fax:
351 291 23 13 50
Mobile:
351 963 04 26 36

 
Property Photo Gallery

 

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Calculators

 
Property price: €112,500
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations