Fabulous semi attached house close to the centre of Funchal.
In a closed gated community and the largest of the complex this beautiful four bedroom home is sure to surprise.
With large bedrooms and bathrooms and plenty of natural sunlight. Excellent finishing's throughout. Beautiful ocean views. Extremely quiet complex.
A well maintained and completely private garden.
The first floor has cleverly been altered to include a bedroom complete with bathroom ideal for guests or even as a rental for additional income.
The second floor and lounge leads to the well kept gardens. A guest bathroom. A kitchen, complete with a walk in pantry. A laundry room.
The third floor is divided into three bedrooms one of which is en suite and a separate bathroom. One of the bedrooms has expertly been remodeled into an office.
Garage for two cars.
The communal swimming pool is conveniently located a few meters from the property.
Low condominium fee of less 25 euros per month.
Built in 2004.
WHAT IS THE PROCEDURE FOR BUYING PROPERTY IN MADEIRA?
Once you have found the right home, made an offer, negotiated the price and it has been accepted promissory contract needs to be prepared by a recommended Portuguese Lawyer and signed by all parties.
Before you are able to sign the purchase contract you will need to obtain a Portuguese fiscal number.
When buying property in Madeira be sure that you budget not only for the purchase price but also purchase taxes, stamp duty and notary fees.
Property Purchase Tax: This is payable immediately, prior to the final purchase deed being carried out.
There is a tax-free limit of €115 509 (one hundred and fifteen thousand and five hundred and nine euros) so for properties under this value no purchase tax is payable.
For properties above this value, there is a sliding scale of up to a maximum of 6% of the purchase price.
If you are purchasing land only, the Property purchase tax is charged at a flat rate of 6.5% – irrespective of the sale value.
Municipality Tax (IMI): This is an annual tax for local services such as rubbish collection, roads, schools etc.
ABOUT PRIME PROPERTIES MADEIRA REAL ESTATE
Discover the perfect home for you in Madeira, Portugal today!
Prime Properties Madeira Real Estate is a local, well-established, licensed, real estate agency providing a complete service to international buyers looking to invest in Madeira, Portugal whether for holiday homes or permanent living residence. Our properties include villas, houses, quintas, apartments, land and commercial properties. We also offer a PROPERTY FINDING SERVICE, working with a few select real estate agencies in Madeira to deliver a personalised service through the entire purchase process from viewings, negotiation, legal expertise, mortgages, relocation etc. We pride ourselves on working together to European standards of honesty, integrity and transparency. We provide excellent after sales service.