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Flat 240 м² in Funchal, Portugal

1 606 350 $

6 693 $ /м²

4OZcg
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Area

240 м2

Bedrooms

3

Bathrooms

1

Apartments for sale in Funchal, Portugal

Image identification: ZMPT552222 We present to you a luxurious complex characterized by high-quality finishes, premium building materials, and proximity to all major services. This complex offers various housing options of different typologies. For more detailed information, we recommend reviewing our price list and availability of apartments. Madeira Aqua Residence is an architectural masterpiece where luxury and comfort are harmoniously combined. Exquisite finishes and high-quality building materials ensure an exquisite and durable living experience. The strategic location of this complex provides easy access to a variety of services, ensuring convenience and comfort for residents. The different typologies of the offered housing allow potential buyers to choose a configuration that best suits their needs and preferences. To obtain detailed information on prices and housing availability, we invite you to review our special price list. Feel free to contact us for further clarification or to schedule a visit to Madeira Aqua Residence, where luxury and quality of life are combined exceptionally well. 3 reasons why you should purchase an apartment from Zome + accompaniment Due to the preparation and unique experience in the real estate market, Zome consultants are ready to provide you with the best accompaniment, orienting you with the utmost confidence to ensure that you precisely define your needs and ambitions. At the same time, we strive to establish close relationships and carefully monitor how...

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 606 350 $

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 (1 606 350 $) 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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