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Writer's pictureIhr Real Estate Concierge

Property of the month - February 2024: Condominiums in the new ELITE BAY residential complex in Câmara de Lobos

T2 and T3 apartments (some with sea view) - from €480,000



West of Funchal - nestled in a picturesque bay - lies the fisherman village of Câmara de Lobos - from here you can drive just 10 minutes by car via the Via Rapida (expressway) to the center of Madeira's capital. For some time now, the place has been becoming more and more the focus of apartment seekers and investors in the flower island's continuing booming real estate market, as properties for sale in Funchal in particular are becoming increasingly rare and expensive and Camara de Lobos is almost on the western border of the capital.


For this reason, this month we present to you the newly built ELITE BAY residential complex in Câmara de Lobos, which is located high above the harbor and offers fantastic views across the bay to the Atlantic. Spread over several floors, you can purchase T2 and T3 apartments with a living space of 114 sqm to 175 sqm (excluding balcony or terrace) in the complex, which has a great pool terrace with a wonderful view, a fitness room and many other amenities . Some of the apartments offer panoramic views on the Atlantic, all condos have either a balcony or terrace and are unfurnished. Example floor plans can be found here (please download the PDF below):



GALLERY


LOCATION


You can find out more information and our personal tips about Câmara de Lobos in our February newsletter, which we will be sending out shortly. Subscribe to our monthly newsletter today via the homepage of this website, it's worth it: in every issue we publish an exclusive special about the surroundings of our dream property of the month! In February we will introduce you to Churchill's Terrace, take a 45-minute walk from Camara des Lobos along the sea to Funchal's most famous beach promenade, Praia Formosa, show you the most beautiful waterfront cafes in Camara harbor and much more.


If you are interested in a condominium in the ELITE BAY residential complex, please contact our local man, Michael Otto:

He will be happy to inform you about all the apartments that are still available, their location in the complex and the associated prices, advise you on "real estate ownership as an investment property for rent" and arrange a viewing appointment with you, which you can make online or on site.

You can reach Michael Otto on his mobile phone at +351 917 640 584 (also possible via WhatsApp and Telegram). Or write to us to concierge@immomadeira.com.


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