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Flat 68 м² in Funchal, Portugal

181 090 $

2 663 $ /м²

4OVow
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Area

68 м2

Bedrooms

2

Bathrooms

1

2 Bedroom Apartment - Santo Amaro

This 2 bedroom apartment is located in the Santo Amaro neighborhood. From the parking lot access to the apartment is via stairs +-- about 2 minutes. The apartment consists of a living room, equipped kitchen, balcony with sea view, two bedrooms and an open parking space. This apartment is all painted, kitchen appliances replaced and bathroom renovated. It is close to all services and amenities. Please contact us for more information. Rooms Toilet - Living room(s) 1 - Bedroom(s) 2 - Bathroom(s) 1 Surrounding Area Highways - Town Center - School - Green spaces - Pharmacy - Hypermarket - Police - Public transport Extras Preservation good - Building area Total area 68.00m²

Additional details

Property type

Residential Properties

Object type

Flat

Price

181 090 $

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 (181 090 $) 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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