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Flat 465 м² in Funchal, Portugal

1 132 531 $

2 435 $ /м²

4OUSI
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Flat 465m² in Portugal, Funchal. Priced at 834892£ rent photo-1 Flat 465m² in Portugal, Funchal. Priced at 834892£ rent photo-2 Flat 465m² in Portugal, Funchal. Priced at 834892£ rent photo-3 Flat 465m² in Portugal, Funchal. Priced at 834892£ rent photo-4 Flat 465m² in Portugal, Funchal. Priced at 834892£ rent photo-5 Flat 465m² in Portugal, Funchal. Priced at 834892£ rent photo-6

Area

465 м2

Bedrooms

4

Bathrooms

3

Apartment for sale in Funchal, Portugal

GIVE US THE BEST PROPOSAL If you want to live in Funchal, very close to all services, with the possibility to walk to the center, this is the perfect option for you! A new project appears a few minutes from the center of Funchal and is under construction. Uptown13 is designed with your well-being and safety in mind! It has the best and innovative building materials and above average finishes, giving it a status of high structural quality, always striving for sustainability. Uptown13 development! It consists of two blocks and has 34 modern and functional apartments ranging from 99 to 465 m2, spread over six floors and consisting of the following typologies: T1, T2 and T3, culminating with three stunning penthouses of typology T4, with large terraces. The Uptown13 building is popular with many very close services, as well as shopping centers, education and health care! offers you a new lifestyle and all the amenities for yourself and family. All units have T1 (1 parking lot), T2 (2 parking lots) and T3 (3 parking lots). Construction started in August 2021 and completed in December 2022, with top quality finishes, large floorplans, private condominium, pool with solarium, and has the latest generation of thermal and acoustic insulation for the highest energy certification. Celebrate your visit now! We will take care of your credit process without bureaucracy, presenting the best solutions for each client. Credit intermediary certified by Banco de Portugal under the number 0001802. We help throughout the whole process! Contact us or leave your details and we will get back to you as soon as possible! M84285

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 132 531 $

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 (1 132 531 $) 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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