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3 bedroom house for sale

€560,000

Portugal - Arco Da Calheta, Calheta, Madeira

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Call: 03339 396426

Key features:

  • Contemporary, spacious and functional layout
  • Established gardens with colourful flowers all year round
  • Perfect family or retirement villa, "As new!"
  • Excellent track record in holiday rental market
  • Irrigation water available
  • Solar panels for domestic hot water and a heat pump for swimming pool heating
  • Fully fitted kitchen & laundry
  • Two parking spaces and two storage rooms in the garage
  • All bedrooms & living areas benefit from the stunning views
  • Tastefully furnished, & suitable for the holiday rental market

Full description:

Contemporary, spacious and functional, this three bedroom south-west facing villa, is located in the parish of Arco da Calheta. It offers you the possibility to enjoy the perfect sunsets every day from a privileged spot, whether relaxing in the heated swimming pool surrounded by the variety of flowers, or inside, in the welcoming living areas or bedrooms.

Just 30 minutes from Funchal, and 6 minutes from restaurants & cafés, this three bedroom villa was completed in 2008 to the owners' own design and specifications. The villa's layout guarantees that the position of the winter sun will keep the villa warm, with the sun shining in through the south facing windows... in the summer, the opposite is the case, with the sun positioned overhead, keeping the villa cooler in the shade.

The location of the 11 x 3 meter heated swimming pool, and the adjacent BBQ area allows you to make the most of the outside space and enjoy the 180º uninterrupted views of the ocean and village. A small bathroom, located next to the built-in barbecue, also serves the swimming pool and sun lounge. The pool has a solar cover, a heat pump and electric heater provide additional heating when required. Solar panels provide domestic hot water supported by an immersion heater.

The kitchen's location was also carefully studied to be closer to the outside dining area. Fully fitted, this spacious open-plan kitchen/dining area, as the living areas to the east, also benefit from the large sliding glass doors which provide natural light all day long. All external glass doors have electrical shutters for extra comfort despite also having traditional sun blinds installed for design purposes.

The open plan living area is equipped with a wood-burning stove, and the kitchen and bathrooms have comfortable under floor heating, despite the winters in Arco da Calheta being far from harsh.

The main wooden staircase up to the first floor and down to the garage, located in the main entrance hall, is wide and light. Living rooms and bedrooms all feature wooden floors, whilst bathrooms and kitchen have ceramic tiling.

In the upper level, the spacious master suite has a fitted wardrobe, ensuite bathroom and private balcony. The corridor leading to the bedrooms, offers the most stunning views to the mountains and to the private and well-maintained rear garden. The two further bedrooms have a shared bathroom and a south facing veranda.

The basement comprises a lengthy laundry, guest WC and garage for two cars. Next to these facilities, there are two further rooms for technical and storage purposes. Levada water is available for the garden's irrigation.

This villa is licenced for local lodging (AL - Alojamento Local) and can be sold fully furnished for rental purposes.

DESTINATION MADEIRA

For those considering an investment in a luxury residence as a second (holiday) home or as a retirement destination, consider the advantages of Madeira Island :

• Sub-tropical climate - warm & pleasant year round
• Natural beauty - dramatic scenery, lush & colourful, known as the "Garden 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 (Note: one of the lowest incidences of crime in Europe)

Legal and fiscal situation
• Property transfer taxes - IMT tax, Stamp duty, reigistration 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 effected 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 Resident's Regime - offering fiscal advantages particularly to non-Portuguese retirees taking up residence in Portugal

This pin shows the general area of the property as the exact location was not given

Nearest Airports*

  • Funchal (International), 34.4 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
ImoPalheiro Lda, Palheiro Estate, Madeira

Rua do Balancal nº. 29 São Gonçalo 9060-414 Funchal Madeira
03339 396426  Local call rate
About ImoPalheiro Lda, Palheiro Estate, Madeira

The Palheiro Estate

Located on a prime hilltop site overlooking the sophisticated capital of Funchal, the 130 hectare Palheiro Estate, has grown from an early 19th century hunting lodge and summer retreat for nobility into a sophisticated, low density resort destination.

Palheiro benefits from an unrivalled location, on the one hand its elevated position gives stunning views over the city and harbour, yet it is only ten minutes by car to the city centre, with its elegant mix of historic buildings and modern shopping. On the other hand, it is only fifteen minutes to the international airport, with direct flights to over 40 European destinations.

Madeira

Madeira is a small island (50 km long) located 900 km. south-west of Portugal and 600 km. off the North African coast.

For over 200 years, Europe's elite have been drawn to the archipelago of Madeira, enjoying the reliable, year-round fine weather and dramatically beautiful landscapes. The waters surrounding the island are warm and the winding coastline provides many opportunities to enjoy them. Savvy second home purchasers are aware that Madeira, which can be easily reached in around three hours via direct flights from the UK, Ireland and mainland Europe, is an ideal alternative to long haul destinations for sun seekers, offering year round rental opportunity as well as a superb second home location.


Disclaimer

This is a property advertisement provided and maintained by ImoPalheiro Lda, Palheiro Estate, Madeira (reference villaarco) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

ImoPalheiro Lda, Palheiro Estate, Madeira

Rua do Balancal nº. 29 São Gonçalo 9060-414 Funchal Madeira
or call 03339 396426
Calling from outside the UK? 00351291794015

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