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Flat 475 м² in Funchal, Portugal

1 524 480 $

3 209 $ /м²

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Flat 475m² in Portugal, Funchal. Priced at 1300000€ rent photo-1 Flat 475m² in Portugal, Funchal. Priced at 1300000€ rent photo-2 Flat 475m² in Portugal, Funchal. Priced at 1300000€ rent photo-3 Flat 475m² in Portugal, Funchal. Priced at 1300000€ rent photo-4 Flat 475m² in Portugal, Funchal. Priced at 1300000€ rent photo-5 Flat 475m² in Portugal, Funchal. Priced at 1300000€ rent photo-6

Area

475 м2

Bedrooms

3

Bathrooms

4

Luxury 3 bedroom apartment for sale in Calheta, Funchal, Madeira

Dreaming of investing in a new beachfront villa with fantastic ocean views? This could be the perfect option for you Located in the area of Fonte Bugia and Luziran, in Arco da Caleta, by the sea, in one of the most prestigious locations in Caleta, this villa has quick and easy access, a huge amount of sunshine and fantastic ocean views. The villa is located 145 meters above sea level, in an area with a warm climate all year round, and only 100 meters from the sea, about 1 km from the wonderful Faja do Mar beach and 3,1 km from the beach and marina of Calheta. It is a modern style villa, still under construction, with high quality finishes, with 3 suites, 2 of them with magnificent sea views and access to a large balcony, large living and dining room of 40 m2, kitchen with island, fully equipped with the best quality appliances, Miele brand. Outside there is a large deck of 63m2 accompanied by a swimming pool, making it an ideal place to receive friends and family and enjoy the beautiful sunset that this villa offers. This villa is ideal for own and permanent residence, for secondary residences or vacations and as a reserve of value due to its premium location. Did you like it? Feel free to contact me by email or by phone

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 524 480 $

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 (1 524 480 $) 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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