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Flat 465 м² in Funchal, Portugal

1 121 664 $

2 412 $ /м²

4OUd3
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Area

465 м2

Bedrooms

4

Bathrooms

3

Apartment for sale in Funchal, Portugal.

Make us the best offer!If you want to live in Funchal, very close to all services and with the possibility to walk to the center, this is the ideal option for you!This new project is located just a few minutes from the center of Funchal and is under construction.Designed with your well-being and safety in mind, Uptown13! Uses the most modern and innovative building materials with high quality finishes, giving it the status of high quality buildings, always striving for sustainability.The Uptown13! consists of two blocks and has 34 modern and functional apartments ranging in size from 99 to 465 square meters, spread over six floors and consisting of the following typologies: T1, T2 and T3, culminating in three stunning penthouses of typology T4 with large terraces.The favorable location in close proximity to many services such as shopping centers, education and health care makes Uptown13! the perfect place for a new lifestyle and all the amenities for you and your family. All apartments have parking spaces: T1 (1 space), T2 (2 spaces) and T3 (3 spaces).Construction started in August 2021 and completion is scheduled for December 2022. In the meantime, there will be high quality finishes, large spaces, a private gated community, a swimming pool with solar garden, and the latest generation of thermal and soundproof insulation for energy conservation certification. Make an appointment for a viewing now!We look after your lending process, removing bureaucracy and providing the best solutions for each client.We are certified credit intermediaries of the Bank of Portugal with the number 0001802.We can help with the whole process! Contact us or leave us your contact details and we will get back to you as soon as possible!M84285'\

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 121 664 $

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 (1 121 664 $) 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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