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Flat 95 м² in Funchal, Portugal

ID 4Oa3t
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Area
95 m²
Bedrooms
2
Bathrooms
1

Description

Apartments for sale in Funchal, Portugal

Image identification: ZMPT563966 We present to you a luxurious complex characterized by high-quality finishes, premium construction materials, and proximity to all major services. This complex offers various housing options of different types. For more detailed information, we recommend checking out our price list and availability of apartments. Madeira Aqua Residence is an architectural masterpiece where luxury and comfort harmoniously blend. Exquisite finishes and high-quality construction materials ensure an exquisite and durable living experience. The strategic location of this complex provides easy access to a variety of services, offering convenience and comfort for residents. The different typologies of the offered housing allow potential buyers to choose the configuration that best suits their needs and preferences. For detailed information on prices and availability of housing, we invite you to check out our special price list. Do not hesitate to contact us for further clarification or to plan a visit to Madeira Aqua Residence, where luxury and quality of life come together in an exceptional manner. 3 reasons why you should buy an apartment from Zome + accompaniment Thanks to training and unique experience in the real estate market, Zome consultants are ready to provide you with the best accompaniment, guiding you with maximum trust to ensure that you accurately define your needs and ambitions. At the same time, we strive to establish close relationships and carefully monitor how...

Characteristics

Property type
Residential Properties
Object type
Flat
Price
799 730 $

FAQ

How can I get a residence permit by buying property in Portugal?

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.

Is a mortgage available for non-residents in Portugal?

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.

What taxes and fees apply when buying in Portugal?

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.

How is the title checked in Portugal?

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.

Can I rent out property after purchase in Portugal?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (799 730 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Portugal?

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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Flat with 2 bedrooms in Funchal, Portugal