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Funchal
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Land 214 м² in Funchal, Portugal

128 654 $

601 $ /м²

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Land 214m² in Portugal, Funchal. Priced at 110000€ rent photo-1 Land 214m² in Portugal, Funchal. Priced at 110000€ rent photo-2 Land 214m² in Portugal, Funchal. Priced at 110000€ rent photo-3 Land 214m² in Portugal, Funchal. Priced at 110000€ rent photo-4 Land 214m² in Portugal, Funchal. Priced at 110000€ rent photo-5 Land 214m² in Portugal, Funchal. Priced at 110000€ rent photo-6 Land 214m² in Portugal, Funchal. Priced at 110000€ rent photo-7 Land 214m² in Portugal, Funchal. Priced at 110000€ rent photo-8

Area

214 м2

Plot of land for sale in Funchal, Madeira, Portugal.

This plot of land is located in the area of Monte, Funchal, with a total area of 412 square meters. The site is close to the highway, providing easy access to other areas of the island. The site is also conveniently located just 5 minutes from the center of Funchal. This plot offers the opportunity to build a villa with 2 floors plus a basement, which could be ideal for those looking for a spacious home for their family. The surrounding area is quiet and residential, offering a great chance to build a dreamy home in a quiet and peaceful environment. The plot is ready for construction and has all the basic infrastructures like water, electricity and sewerage. This is a great opportunity for those looking to build a custom home with the advantage of being located in a quiet and cozy neighborhood. For more information please contact Ref. 7914 - Pink Real Estate - REF: 7915.

Additional details

Property type

All Types

Object type

Land

Price

128 654 $

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 (128 654 $) 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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