Villa in Calheta

€ 1,245,000 For Sale

#1323

Calheta, Madeira

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Description

Magnificent modern villa for sale in Calheta

Located close to the village of Calheta in a residential area but close to public services and surrounded by gorgeous scenery is this beautiful villa. Situated in an elevated position, but at an altitude of 100m the luxury villa enjoys unrestricted views and is well positioned to capture sun all day.

The contemporary 3-bedroom villa has been immaculately designed and incorporates particular attention to detail and a high standard throughout.

The property consists of
Ground floor:
- Open plan fully equipped kitchen,
- Living and dining room overlooking the ocean;
- 1 support bathroom with shower;

First Floor
- 1 master suite with walk-in closet and bathroom with tub;
- 2 suites, (both with bathrooms with shower)
All bedroom have access to an exterior balcony

The outside area has:
- Garden
- Swimming pool
- Parking area
- BBQ area

Within walking distance to public services and the sandy beach of Calheta.

The villa will provide an impressive holiday home with great rental potential or full-time residence.

Completion date: End of 2023

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

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.

Our services at Prime Properties Madeira are free of charge to you and do not incur any mark-ups on the property price or agent commission.

Official Mortgage Partner

Portugal Mortgage Brokers

Portugal Mortgage Brokers, licensed by the Bank of Portugal, are a free independent service working with all Portuguese banks. We specialise in offering mortgage information to residents and non-residents purchasing a property in Portugal, whether it be for a main residence, secondary home, investment, construction loan or renovation loan. We act as mortgage brokers to find you the most suitable and competitive mortgage program in the market. A simulation showing all costs is provided and an affordability check is carried out before submitting, we can then reach an official approval with the bank within 2 weeks of receiving your documents.

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