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Flat 112 м² in Funchal, Portugal

415 625 $

3 710 $ /м²

4OUq3
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Area

112 м2

Bedrooms

2

Bathrooms

2

Funchal - Funchal (São Martinho Incasta do Amparo) - For sale 2 bedroom - spacious 2 bedroom apartment with sea and sunset views...

Great investment opportunity! We present to you a beautiful 2 bedroom apartment located in one of the most sought after areas of Funchal. Located in a secure complex, this property is in the final stages of construction, with a limited number of units available, providing the opportunity to acquire a brand new property, thoughtfully designed to offer comfort and quality of life.One of the main features of this one bedroom T2 apartment is the square footage, providing spacious and bright spaces for the whole family. In addition, the finishes are of above average quality, exceeding expectations and enhancing the level of sophistication of the apartment. Every detail has been carefully considered, from the exquisite coverings to the state-of-the-art lighting systems, to create a warm and sophisticated atmosphere.One of the great advantages of this property is the parking for two cars, providing convenience and security for residents and their guests. You will not have to worry about finding a parking space, as you will always have a reserved space for your car.Also worth noting is the privileged location of this one bedroom T2 apartment. With easy and quick access to the city center, you will be close to all the amenities and services that Funchal has to offer. In addition, you will enjoy breathtaking sea views and will be able to enjoy a magnificent sunset every day. Imagine enjoying this marvelous scenery in the comfort of your home!The apartment is located next to the new Jardin Piornais, a charming green area that offers moments of relaxation and contact with nature. The proximity of the Plage Formosa and the Promenade offers the opportunity to enjoy relaxing moments by the sea, take refreshing walks or exercise outdoors. Monumental Road and the Forum Shopping Center are in close proximity, providing a wide range of options for shopping, leisure and entertainment.Don't miss the opportunity to purchase this exclusive one bedroom apartment in one of the best locations in Funchal. With all the benefits this property offers, from the quality of the finishes to the beautiful views, you will make a safe and smart investment. St

Additional details

Property type

Residential Properties

Object type

Flat

Price

415 625 $

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 (415 625 $) 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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