Duplex T2 For Sale In Funchal

Exclusive Penthouse | Sea View | Estrada Monumental | Gated Community | AL License We present this modern and luxurious recently built apartment, located in one of Funchal’s most prestigious areas — Estrada Monumental, just minutes from Praia Formosa and Forum Madeira Shopping Centre. Set within the gated community São Lucas Residence, this property truly offers the comfort of a house with the security and convenience of an apartment. Situated about 75 meters above sea level, it benefits from excellent sun exposure, abundant natural light, and direct access to the seaside promenade and cycle path — ideal for pleasant walks by the sea. The building features an elegant and welcoming lobby with a library, piano, and snooker table. Outside, residents can enjoy a swimming pool with a large sunbathing area and a patio designed for socializing or relaxing. For greater daily convenience, the building includes a Continente Modelo supermarket, providing total convenience just steps from home. Private Terrace with Internal Elevator This penthouse stands out for its impressive panoramic terrace of 96.80 m², offering stunning sea views and a unique outdoor leisure experience. One of its most exclusive features is the private elevator installed inside the apartment (new in 2025), which connects directly to the terrace, ensuring maximum comfort, privacy, and exclusivity. The terrace is fully equipped with: • Outdoor furniture • Barbecue area • Jacuzzi • Sports equipment • Support kitchenette with granite countertop • Refrigerator and television • Sun umbrellas • Storage area Rare Investment Opportunity The property holds a valid Short-Term Rental License (AL) — an increasingly rare and valuable asset in Madeira’s current market. This feature makes the property not only an excellent residence but also a highly attractive investment opportunity, allowing immediate operation in the short-term rental market with high profitability potential. The apartment is sold fully furnished, so the buyer can continue the short-term rental business and existing bookings without interruption. Property Features: • Gross private area: 155.57 m² • Terrace: 96.80 m² • Balcony: 14.10 m² • 2 Suites • 2 Parking spaces • 1 Storage room • Located on the 7th floor A unique opportunity combining premium location, sea views, exclusivity, comfort, and strong potential for appreciation and profitability.