Would You Buy It? Two-Bedroom Condo in Funchal, Madeira

Welcome to another edition of our “Would You Buy It?” series! Today, we’re excited to share a gem of a property located in beautiful Funchal, Madeira, just above the VR1. If you’ve been thinking about investing in property here, or you’re simply curious about the architecture and homes available on this island, this two-bedroom, two-bathroom condo might be just what you’re looking for. For those of you who are new to our website, we’re Doug and Monique. Through our blog and YouTube channel, Track Us Down, we share our journey into early retirement, moving abroad, and, most importantly, living a Better Second Half of Life. A big part of our ‘Second Half of Life’ is calling this breathtaking island home. We’ve received many requests to showcase properties here in Madeira, whether people are casually curious or seriously considering purchasing. So, when a great opportunity like this condo comes through our realtor, we make sure to show it off! If you’re into conversations about retirement, living abroad, or just upgrading your lifestyle, make sure to subscribe to our YouTube channel and give us a thumbs up. Your support means the world to us!

A Great Opportunity at a Great Price Point

We often get asked about properties that are reasonably priced. Well, this condo definitely hits the mark! Priced to sell at €329,000, this T2 (two-bedroom, two-bathroom) unit can be rented for mid- to long-term stays, meaning a minimum of 30 days. So, if you’re looking for a place to buy that could double as an investment, this is an ideal candidate.

Tranquility in the Heart of Funchal

As you enter this peaceful complex, you’ll notice how serene the surroundings are. The building has only a few units, so there’s minimal foot traffic—ideal for those who crave peace and quiet, whether it’s for a holiday home or permanent residence. Unlike daily rentals, only mid- and long-term stays are allowed here, so there’s no constant in-and-out flow of short-term guests. Once inside the property, you’re greeted by a tranquil courtyard. From the gated entry, you can drive down to the underground parking garage, where you have one dedicated parking stall and a large storage unit.

Poolside Perfection

Let’s talk about the pool area! Lined with towering palm trees that look like they’ve been there forever, the pool is bathed in sunlight and boasts panoramic views of the harbor. This is no tiny plunge pool; you can actually swim here! The grassy area surrounding it is something you don’t see often in Madeira, adding a lush and calming vibe to the space. It would be perfect for hosting a small gathering—especially during fireworks events!

Entertaining Outdoors

The complex also features a large barbecue area, complete with a countertop, sink, and picnic table. It’s the perfect spot for grilling some local delicacies or, in our case, wood-fired pizzas! The outdoor area is shaded, providing a cool escape during Madeira’s hot summer days. There’s even a couple of washrooms for guests—a thoughtful touch for entertaining by the pool.

Spacious and Modern Interior

Inside the condo, you’ll find a spacious living room that’s perfect for unwinding after a long day of exploring Funchal. With its plush carpet, stylish furniture, and ample lighting, this space has everything you need to relax. Though the furniture isn’t included in the price, it is negotiable if you’re interested. The condo also features a formal dining room and a modern kitchen with sleek dark stone countertops, a flat cooktop, and even a full-sized North American-style fridge. Indoor/outdoor living is a highlight here, with access to a beautiful private courtyard from the kitchen. Imagine cooking your meals while enjoying a breath of fresh air!

A Luxurious Guest Experience

The guest bathroom is designed to make an impression, fully tiled for a luxury hotel vibe. It even features a spacious, high-end shower. The guest bedroom is equally impressive, with crown molding, pot lighting, and floor-to-ceiling closets that provide ample storage space. And it opens up to the condo’s private courtyard—a quiet, sunny spot perfect for reading or just soaking in the peace and privacy.

Accessible and Private

This ground-floor condo is fully accessible, making it a fantastic option for anyone who prefers to avoid stairs. With plenty of outdoor space and a peaceful courtyard that feels like a hidden retreat, you get the benefits of condo living without sacrificing privacy or tranquility.

The Master Bedroom

The master suite is another highlight. It’s incredibly spacious, with room for a king-sized bed, a seating area, and two large closets. The ensuite bathroom is equally luxurious, featuring both a tub and a shower, along with high-quality tiling and fixtures. This bedroom also opens out to a private patio, perfect for relaxing in the sun or enjoying an evening breeze.

The Verdict: Would You Buy It?

After touring this condo, we think it offers incredible value for the price. While the back courtyard doesn’t have sweeping views of the ocean, you’ll have access to stunning panoramic views from the pool area. Plus, the back courtyard itself feels like a magical little oasis, full of greenery and complete privacy—ideal for those moments when you want to get away from it all. The location is excellent, just above Funchal with easy access to all the city has to offer. And we love that this complex caters to mid- and long-term rentals only, ensuring a more stable, peaceful atmosphere for residents. With its blend of outdoor space, modern interiors, and that all-important sense of privacy, we think this condo is a fantastic find for anyone looking to invest in Madeira. The question is, Would you buy it?

Thanks for reading, and as always, don’t forget to Track Us Down!