Imaculado Coração Maria — Funchal, Portugal
Imaculado Coração Maria in Funchal, Madeira, is a vibrant neighborhood attracting a dynamic mix of locals and expatriates. Known for its picturesque landscapes and serene environment, it combines traditional Portuguese charm with modern living. The real estate market here is buoyant, offering premium properties with an average sale price of €1,314,666. The neighborhood is particularly appealing for those seeking spacious apartments, with an average size of 392.3m². The investment appeal is strong, with T2 and T3 typologies offering yields of 4.4% and 2.5% respectively. Notable amenities include proximity to lush gardens and cultural landmarks, enhancing its allure. This area promises a high quality of life and solid investment potential, making it a desirable choice for international buyers.
Investor profile: Ideal for seasoned investors seeking a combination of luxury and tradition. Attracts high-net-worth individuals interested in spacious properties with strong rental yields and long-term value in a picturesque setting.
Market Data — Imaculado Coração Maria
- Average purchase price: €1,314,666
- Price per m²: €3,351/m²
- Average monthly rent: €1,437
- Estimated annual yield: 1.3%