2 bedroom flat for sale

Close to public facilities and services.

Construction begins in May 2022 and is to be completed by December 2023.

FLOORS:
Floors - Slab in reinforced concrete and screed in cement-based mortar with acoustic screen.
Flooring - Wooden floor type bamboo.
Sidewalk Kitchen - Porcelain stoneware.
Flooring . Sanitary floor - Porcelain stoneware.
Skirting boards - In wood, mosaic or aluminium respectively.
Balconies - In porcelain stoneware with glass guard.

CEILINGS:
Bedrooms and living room - Projected stucco with smooth finish.
Kitchen and  Sanitary - False ceiling in pladur with smooth finish, recessed lights and furniture with drawers and mirror.

CARPENTRY:
Doors - In wood with white lacquered finish.
Closets - Lacquered finish and mirror.
Exterior door - Security door, fire door and acoustic system.

ALUMINIUM FRAMES:
Doors and windows - In lacquered aluminum with thermal break, with double transparent glass and solar protection. Exterior electric blinds in bedrooms.

APPLIANCES:
Plate, oven, microwave, exhaust fan, stainless steel sink TEKA brand and Sanindusa faucets.

SANITARY WARE
Sanindusa brand.
Shower trays with enclosure included.

Pre-installation of air conditioning in the living room and bedrooms.
Solar panels.
Video intercom
Pre-installation of video surveillance system in the garage access and entrance hall.

We have a selection of different properties available to fit all your requirements so call us to enquire further and obtain more information.
BY APPOINTMENT ONLY

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, registration 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 affected 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 Residents Regime - offering fiscal advantages particularly to non-Portuguese retirees taking up residence in Portugal