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Flat 250 м² in Funchal, Portugal

2 941 $

11 $ /м²

4ObVB
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Area

250 м2

Bedrooms

2

Bathrooms

3

Luxurious apartments for rent in Estrada Monumental, Funchal, Madeira

EXCLUSIVE 2-BEDROOM APARTMENT, WITH FURNITURE - LONG TERM Iconic residential complex with excellent leisure area and the Atlantic Ocean on the horizon, to give it a new lease of life, whose beachfront location makes it one of the most significant in the region. Located on the seafront right on Estrada Monumental (one of the most recognizable arteries of the island's main road network), this complex with a philosophy of residential and tourist use is aimed at those looking for a life with an extraordinary panoramic view of the Atlantic Ocean. The main feature of the complex is the ocean which makes itself known, as well as its landscapes and gardens, which have been meticulously thought out so you can enjoy relaxation day after day. In particular, this project offers you and your family: - 3 infinity pools, - sun terraces on the upper level, - a relaxing waterfall, - a complex of tropical gardens, - a fitness center with Technogym equipment, - an indoor walking path, - private entertainment rooms, relaxation rooms and conference rooms furnished with Italian Capellini furniture. And all within a philosophy that favors the exclusivity you deserve. All apartments have superb landscapes and large panoramic balconies, as well as en-suite bathrooms in all bedrooms - these are apartments designed with a high level of privacy in mind. In addition, they have kitchens with all necessary appliances as well

Services and facilities

Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

2 941 $

Characteristics

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 (2 941 $) 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).

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