Fabulous detached house in Funchal for sale with astounding views!
It is sold Freehold.
It has 3 bedrooms and 4 bathrooms and one additional room which can be used as a guest room.
Property with 2 floors.
It was built in 1999 and has a total of 707m2.
First floor: Hall, Lounge, Kitchen, Laundry room bathroom and garage for 2 cars, garden.
Second floor: I master bedroom with a walk in closet. Two suites with balconies.
It is close to public services, supermarket, hospital, buses and public transport. The garden has mature plants, trees and fruit trees.
It is in EXCELLENT condition.
It is 10 minutes from the centre of Funchal.
It is mainly a residential area surrounded only by houses and plots of land.
It has magnificent views to the ocean.
Area to put in a swimming pool. Extremely private for those wishing to sunbathe in privacy!
BY APPOINTMENT ONLY
São Roque is connected by regional roadway with Monte, Funchal and Faial, and towards São Martinho and north-west to Curral das Freiras. Located on a high point in the city of Funchal, São Roque has incredible views over the city of Funchal. Also due to the breathtaking view, São Roque has become a large residential area.
For those considering an investment in a luxury residence as a second (holiday) home or as a retirement destination, consider the advantages that Madeira Island has to offer:
• Security, Madeira is virtually crime free and one of the safest holiday destinations in the world!
• Sub-tropical climate - warm & pleasant year round.
• Natural beauty - lush & colourful, known as the 'Garden or Pearl of the Atlantic'.
• Ease of access - within 3 hours flight time from most European cities, direct flights from over 40 destinations in Europe, daily flights to London and Lisbon.
• Protected environment - 70% of the island is protected parkland & forest.
• Activities/Amenities - wide range of sports & leisure activities; two Golf courses near to Funchal
• Tourist infrastructure - long known as a quality tourist destination, with lots to see & do
• Quality of life - a friendly, safe & clean place to visit and to live in.
Legal and fiscal situation
• Property transfer taxes - IMT tax, Stamp duty, reigistration and notary fees - max. 7%
• Inheritance tax - Effective 1st January 2004, inheritance tax abolished in Portugal. There is still a 10% stamp duty charge though on transfer of assets. Gifts/donations to a spouse (husband or wife), children, parents or grandparents are exempt.
• Capital gains tax - Flat 25% tax levy on all capital gains effected by non-residents.
• Portuguese (EU) Residence Permit - Since July 2012, the NON-EU PURCHASER has a right to apply for a Portuguese residence permit (with subsequent freedom of movement in Schengen countries) following purchase of real estate in Portugal with A MINIMUM INVESTMENT OF €500.000
• Non-Habitual Resident's Regime - offering fiscal advantages particularly to non-Portuguese retirees taking up residence in Portugal