Flat 188 м² in Funchal, Portugal

2 755 $

14 $ /м²

4ObUi

Flat 188m² in Portugal, Funchal. Priced at 2350€ rent photo- #1

Flat 188m² in Portugal, Funchal. Priced at 2350€ rent photo- #2

Flat 188m² in Portugal, Funchal. Priced at 2350€ rent photo- #3

Flat 188m² in Portugal, Funchal. Priced at 2350€ rent photo- #4

Flat 188m² in Portugal, Funchal. Priced at 2350€ rent photo- #5

Flat 188m² in Portugal, Funchal. Priced at 2350€ rent photo- #6

Area

188 м²

Bedrooms

Bathrooms

Luxurious apartments for rent in Estrada Monumental, Funchal, Madeira

Exclusive!!! 3-bedroom apartments located on Estrada Monumental, Funchal on the island of Madeira. High-class area with all services and amenities. Includes pool for adults, children's pool, jacuzzi, Turkish bath, gym, children's playground, well-kept gardens, concierge, and video surveillance. Fully furnished, kitchen and laundry equipped with washer and dryer, living room 53 m2, three bedrooms, two bathrooms. Sound system in all rooms, storage room, and two parking spaces. Close to highway, shopping center, private hospital in Madeira, schools, beach, promenade, bike path, and 5 minutes from downtown Funchal. IF YOU PREFER LOCATION, COMFORT AND NATURAL LIGHTING. THEN THIS IS THE RIGHT OPPORTUNITY FOR YOU! Contact us! Note: The information provided, despite its accuracy, is purely informative, cannot be considered mandatory, and may be subject to change. Energy rating: C

Services and facilities

Pool

Garden

Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

2 755 $

Characteristics

Pool

Garden

Garage/parking

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Funchal; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Portugal finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Portugal takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Funchal short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (2 755 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Funchal: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).