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Flat 150 м² in Funchal, Portugal

746 673 $

4 977 $ /м²

4OUZD
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Area

150 м2

Bedrooms

3

Bathrooms

3

Apartment for sale in Funchal, Portugal.

For sale three bedroom apartment in the center of Funchal, in the building of La Vie shopping center with modern architecture. The apartment includes a bedroom with en-suite bathroom, two bedrooms, three bathrooms, living room, kitchen, laundry room and an L-shaped balcony with spacious areas. The materials and finishes used are of high quality. One of the main advantages of living in this building, in addition to 24-hour security, is the availability of all the services necessary for daily life, including supermarket, restaurants, cafes, pastry stores, stores, banks and others. The apartment has two spaces in the gated parking lot. Live in the center of Funchal without using your car. Professional support throughout the buying process. For more information please contact us!

Additional details

Property type

Residential Properties

Object type

Flat

Price

746 673 $

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 (746 673 $) 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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