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Flat 163 м² in Funchal, Portugal

684 707 $

4 200 $ /м²

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Area

163 м2

Bedrooms

3

Apartments for sale, São Martinho, in Funchal, Portugal

This magnificent 3-bedroom duplex apartment is a dream for anyone who appreciates quality, comfort and elegance - these are the characteristics of this apartment. Located in a privileged area on the outskirts of the city, this property offers a unique experience for its residents, with easy proximity to various utilities such as bakery, pharmacy, schools, supermarkets just a short walk away, including the center of Funchal. It is distributed with a social area, with a common room with access to a nice balcony, equipped and functional kitchen, along with laundry room, social toilet, the next floor consists of 1 suite and corresponding bathroom, 2 bedrooms, 1 bathroom to support the two bedrooms, two of these rooms with access to the balcony. We also have a fantastic terrace of 60 m2, perfect for sunbathing and family gatherings. The house has 3 parking spaces in the garage and a storage room. Book your visit now We take care of the whole banking process. Real estate company with a 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

684 707 $

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 (684 707 $) 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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