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Flat 277 м² in Funchal, Portugal

4 740 $

17 $ /м²

4ObO1
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Area

277 м2

Bedrooms

3

Bathrooms

3

Luxury 3 bedroom apartment for rent in Estrada Monumental, Funchal, Madeira

EXCLUSIVE 3 ROOM APARTMENT, WITH FURNITURE - LONGO TERMO Come and see this fantastic apartment located in the heart of Estrada Monumental (one of the most famous arteries of the island's main road network), As part of the emblematic Madeira Palace Residences, the main highlight of this complex is the endless blue of the ocean that makes itself felt, as well as its landscapes and gardens, which have been thoughtfully designed so that you can enjoy your vacation day after day. Especially for you and your family, this property features: - Concierge from 07:30 to 23 hours - Security surveillance - 3 swimming pools, one of which is infinity, - First class solariums, - Relaxing waterfall, - Tropical gardens complex, - Fitness center with Technogym equipment, - Indoor walking track, - Private entertainment rooms, lounges and meeting rooms furnished with Italian Capellini furniture. All this in a philosophy that favors the exclusivity you deserve. This apartment is elegantly furnished and decorated, has an equipped kitchen, all en-suite bedrooms and a guest toilet, as well as a large panoramic balcony. A great opportunity to live with quality and taste! Contact us! Schedule a viewing Energy Rating: A

Services and facilities

Pool
Garden

Additional details

Property type

Residential Properties

Object type

Flat

Price

4 740 $

Characteristics

Pool
Garden

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 (4 740 $) 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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