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Flat 100 м² in Funchal, Portugal

593 924 $

5 939 $ /м²

4OWO6
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Area

100 м2

Bedrooms

3

Bathrooms

2

Apartments with three bedrooms, a pool, and a sea view - Caminho das Virtudes, Funchal

Great opportunity to acquire a luxurious apartment on the prestigious street of Caminho das Virtudes in Funchal. This incredible property features three spacious bedrooms, providing ideal comfort for the whole family. Two bathrooms (one of which is a suite) ensure privacy and comfort. The kitchen is equipped with the most modern and refined appliances, ensuring high quality culinary dishes. The open living room is the perfect place to enjoy socializing with friends and family. Magnificent views of the sea and an exclusive pool for owners create a sense of tranquility and serenity. The apartment boasts luxurious finishes, including hardwood floors and elegant design details throughout the home. Located in Caminho das Virtudes, one of the most attractive areas of Funchal, this apartment offers a privileged location. Close to shops, restaurants, and schools, you will find yourself in the heart of a bustling neighborhood. In addition, the proximity to the beach will allow you to enjoy the wonders of the sea and sun just a few steps away. Do not miss this unique opportunity to become the owner of a true Madeiran home with incredible views and a privileged location. Contact us today to schedule a visit and start living the dream of Madeira Island. Dilia Gonçalves CENTURY 21 Prestige We are credit intermediaries authorized by the Bank of Portugal. We will help you find the best offer from various banks for a mortgage loan.

Additional details

Property type

Residential Properties

Object type

Flat

Price

593 924 $

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 (593 924 $) 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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