REAL ESTATE IN FUNCHAL
Well located plot of land with one of the best views of Funchal as well as mountain & sea views with road access and with an approved project for a T4 house. Sole Agent.
Funchal is located inside a natural amphitheater-shaped valley, with gentle slopes beginning at the coast which rise to 1200 meters – in the south of Madeira Island. Funchal is the sixth largest city in Portugal, and has been the capital of Madeira for more than five centuries. Funchal is a 600 year old city, with architecture that is a blend of modern buildings, contemporary and 15th century styles. Because of its high cultural and historical value, Funchal is one of Portugal’s main tourist attractions. It is a starting point of access to many levada walks (hikes) one of which leads to the highest peak of Madeira Island. It is also a very popular destination for New Year’s Eve, and it is the leading Portuguese port on cruise liner dockings.
With its outdoorsy lifestyle, Funchal is a hub of culture and the arts, with countless variety of restaurants, roof-top terraces, specialist cafés, dessert shops, madeira wineries, a network of cobblestone streets with shops and boutiques, street art, monuments and sculptures, as well as over two dozen museums and galleries.
WHY BUY PROPERTY IN MADEIRA?
The Island of Madeira is noted for its mild to warm year-round temperatures, Madeira wine, gastronomy, historical and cultural value, local artisans and traditional festivities throughout the year, flora and fauna, stunning coastline, breath-taking peaks and the Laurel Forest that are classified as a UNESCO World Heritage Site.
Madeira Island is a haven of tranquility, safety and European comforts with an island lifestyle. It’s most popular attractions are levada walks (hikes the mountains) and New Year’s Eve fireworks display which holds multiple Guinness World Records for the “Largest Fireworks Display in the World”.
Madeira is an autonomous region of Portugal since 1976 that has the Legislative Assembly of Madeira and the Regional Government as government bodies, it is an integral part of the European Union with the status of the outermost region of the Union territory. Portugal has a Residence Permit programme for Investors (known as Golden Visa), which enable non-EU citizens to invest in Portugal and obtain a temporary residence permit. The acquisition of real estate with a value equal to, or greater than, EUR 500,000, to be eligible for the Golden Visa.