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Funchal
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Flat 107 м² in Funchal, Portugal

591 138 $

5 524 $ /м²

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Flat 107m² in Portugal, Funchal. Priced at 433418£ rent photo-1 Flat 107m² in Portugal, Funchal. Priced at 433418£ rent photo-2 Flat 107m² in Portugal, Funchal. Priced at 433418£ rent photo-3 Flat 107m² in Portugal, Funchal. Priced at 433418£ rent photo-4 Flat 107m² in Portugal, Funchal. Priced at 433418£ rent photo-5 Flat 107m² in Portugal, Funchal. Priced at 433418£ rent photo-6

Area

107 м2

Bedrooms

3

3 bedroom apartment in Funchal

A 3 bedroom apartment in a luxury complex, with a nice balcony, located on the 1st floor in the Virtudes neighborhood, São Martinho.Modern apartment with a spacious layout and excellent finishes, including a modern kitchen, fully equipped and with the best appliances. Located in a quiet and sunny neighborhood, with exposure to the sun throughout the day and plenty of natural light in all rooms. The accommodation has a sunny East / West orientation, consisting of:- Entrance hall with checkroom- Living/dining room with access to the balcony- Kitchen equipped with hob, extractor hood, oven and microwave oven- Laundry room- 1 bedroom with en-suite bathroom with bathtub, dressing room and balcony- 2 bedrooms with closets- Bathroom with shower- 2 parking spaces- Storage roomGreat choice for families or for investment._________________________________________________________The Place" complexThe complex consists of apartments from 1 to 3 bedrooms with spacious balconies allowing you to enjoy beautiful views of the bay of Funchal, wonderful recreational areas including two swimming pools, paddle tennis court, solarium and about 5000 square meters of garden. In the common area you can enjoy these fantastic pools and the stunning garden, as well as enjoying the outdoors.All apartments have air conditioning, vinyl flooring in the hallway, living room and bedrooms and ceramic flooring in the rest of the units.The apartments are located close to necessary services such as supermarket, bakeries, cafes, pharmacies, schools, kindergartens. Within 7 minutes by car you can reach the entrance of the expressway or the city center of Funchal.Invest in this complex and get one of the most charming, futuristic and sustainable apartments on Madeira Island.Note: Planned construction in the second half of 2023.REF 99362. See this and other properties at www.condelix.pt. Credit intermediary approved by the Bank of Portugal. We take care of all documentation free of charge for the client.Founded 19 years ago, Condelix is a real estate agency with Portuguese capital, which now s

Services and facilities

Pool
Air conditioner

Additional details

Property type

Residential Properties

Object type

Flat

Price

591 138 $

Characteristics

Pool
Air conditioner

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 (591 138 $) 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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