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Property for sale information

 
Fully detached three bedroom house of modern architecture with a SPECTACULAR unobstructed view of the Atlantic Ocean and Funchal Bay.  
Reference nr: FX03817
Description:

Features
*Swimming Pool
*Theatre Room
*Gym
*Sound Systems
*Domotics
*Gardens
*Easy access to downtown Funchal
*Close to all amenities
*Excellent Quality Materials and Finishings
*Beautiful view of the ocean and Funchal Bay.

Full description

Fully detached three bedroom house of modern architecture equipped with solar panels.

Driveway and 2 covered parking spaces.

Exterior access doors and hardwood floors in Sucupira wood. White lacquered interior doors and baseboards.

Glass veranda and steel framed main access staircase to the home .

Finish style pool with massage jets and a 6 person Jacuzzi. Interior Light system in the pool permits the change of the water´s colour (controlled by a remote control)

Double glass windows.

Space saver sliding doors to the kitchen. Zimbabwe Black Granite kitchen countertops. Fully equipped kitchen with Frasa built-in appliances. (Fridge, 90cm Oven, Stove plate, microwave, dishwasher, washing machine, dryer and exhaust fan). Pantry located right by the kitchen. Diverse sizes and an abundance of cabinet space.

Basement includes a leisure room, gymnasium, cinema / movie theatre room, wc and machinery room. Cinema with provisions for the installation of a projector and sound system. Internet, cable tv and air conditioning installed.

All rooms have a fantastic view of the Funchal Bay. Ample closets with lacquered glass doors.

Sound system in all rooms, living room and master suite bathroom.

Modern Italian sanitary ware in all bathrooms. Master suite bathroom with a hydromassage. Master suite also has a veranda with decked flooring.

This home is equipped with domotics. Access to the home through remote controlled gates. There are four strategically placed security cameras in order to maximize your safety. Video doorman system that maybe viewed on the TV´s AV channel . Outside, by the gate, there are two parking spaces for visitors.

Bedrooms: Bathrooms: Price (€):
3 1 550,000
Features:
Submission Date:
09-16-2008
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

 
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Calculators

 
Property price: €550,000
 

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