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Flat 61 м² in Funchal, Portugal

462 466 $

7 581 $ /м²

4OWRi
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Flat 61m² in Portugal, Funchal. Priced at 342340£ rent photo-1 Flat 61m² in Portugal, Funchal. Priced at 342340£ rent photo-2 Flat 61m² in Portugal, Funchal. Priced at 342340£ rent photo-3 Flat 61m² in Portugal, Funchal. Priced at 342340£ rent photo-4 Flat 61m² in Portugal, Funchal. Priced at 342340£ rent photo-5 Flat 61m² in Portugal, Funchal. Priced at 342340£ rent photo-6 Flat 61m² in Portugal, Funchal. Priced at 342340£ rent photo-7 Flat 61m² in Portugal, Funchal. Priced at 342340£ rent photo-8 Flat 61m² in Portugal, Funchal. Priced at 342340£ rent photo-9 Flat 61m² in Portugal, Funchal. Priced at 342340£ rent photo-10 Flat 61m² in Portugal, Funchal. Priced at 342340£ rent photo-11 Flat 61m² in Portugal, Funchal. Priced at 342340£ rent photo-12

Area

61 м2

Bedrooms

1

Apartments for sale, São Martinho, in Funchal, Portugal

Luxury 1 bedroom apartment located in a modern style building with few fractions, high quality finishes, easy access to the city center, close to shopping centers and services, good sunlight and fabulous views of Funchal. It consists of living room and kitchen in open space, 1 balcony, 1 social bathroom, 1 bedroom and 1 full bathroom. The apartment has a built-in sound system and is prepared for the installation of air conditioning and central vacuum cleaner. There is also 1 parking space in the large garage. NOTE: Sold as shown in the photos, furnished and equipped. Book a visit now We will take care of the entire banking process. Real estate company with credit intermediation license issued by the Bank of Portugal Nº3772 Aegis Realty, your reliable real estate agency

Additional details

Property type

Residential Properties

Object type

Flat

Price

462 466 $

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 (462 466 $) 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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