Opportunity!
Discover a unique opportunity to own a villa with 3 residential units, with a unique atmosphere, located in a sought-after part of the capital of Madeira – Funchal. This villa is the perfect combination of traditional charm and modern comfort, ideal for both year-round living and as an investment for recreational purposes.
Located in a great location between the city center and next to the Quinta Magnólia park with various exotic plants, a children’s playground, tennis courts, squash and a promenade.
The house was built in the classic Madeiran style, consists of 3 residential units (2 x for 4 people and 1 x for two people), which are fully equipped and have access to a small garden with seating.
Exterior – landscaped garden, terrace for relaxation, possibility of building a swimming pool.
Accessibility – excellent transport accessibility, close to the center and nature.
Condition – ready to move in.
The historic center of Funchal is about 1 km away, 800 meters from the swimming pool and promenade, about 2 km from Praia Formosa beach. Several shops and services such as restaurants, bars, a pharmacy and a hospital are within walking distance.
Energy certificate of the building (PENB): “B”
We have a Czech representation in Madeira, we will help you in addition to legal matters and inspections, and also arrange a transfer from the airport and accommodation.
Property price: €1,075,000 – negotiable, the price does not include a commission to the Czech agency in Madeira of 3% of the purchase price. The following costs must be added to the price:
- Notary fee of €350,
- Registration at the land registry office of approximately €350,
- Real estate acquisition tax (IMT) in Portugal according to the new law of May 2026, a total of 7.5% of the purchase price of the property,
- Annual real estate tax (IMI) depends on the tax office’s valuation, the location and position of the property.
On the island of Madeira, we can realize any house, apartment, land, according to the individual wishes of the client.