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4 bedroom villa for sale

€1,500,000

Portugal - Madeira, Funchal

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Call: 03339 396426

Key features:

  • Stunning contemporary architecture
  • Set in elevated position, adjacent to Golf course
  • Magnificent views over Funchal and Atlantic
  • Privileged access to facilities of Palheiro Estate
  • Golf membership available
  • Heated infinity pool with extensive decking
  • Full concelaed A/C system (Hot/cold)
  • Solid wooden floors
  • Extensive fitted wooden cupboards to all rooms
  • Designer lighting - internal & external

Full description:

Stunning contemporary four-bedroom villa adjacent to the Palheiro Golf course, with superb sea views over the Bay of Funchal and towards the mountains.

Designed by Portuguese architects MSB, this spacious villa has a floor area over 400sq.m, plus extensive deck areas. The villa has a 10 m. infinity pool and
landscaped gardens. Construction was completed in 2008. The land plot lies within the Palheiro Estate, forming part of the Palheiro Golf plot sub-division.
Plot area: 2.710 sq. m.
Gross floor area (see note 1): 458 sq. m. + extensive deck areas
Features
• Easy drive to the centre of Funchal (10 mins.) and the International Airport (15 mins.)
• Located a few minutes walk from the Palheiro Golf Clubhouse
• Privileged access to facilities within the Palheiro Estate, including Palheiro Golf, Palheiro Spa, Hotel Casa Velha do Palheiro and the Palheiro Gardens
• Set in an elevated position with distant outlook over sea and mountains
• Vehicle entry point with remote controlled opening to the property from access road above, pedestrian access also from below
• Upper level - entrance hall and corridor, master bedroom with en-suite bathroom
• Middle level - Circular staircase gives access to middle level; visitors toilet, kitchen, dining area, semi-circular living room. Extensive garage, laundry room with storage cupboards, and external pool shower/WC. The open-plan kitchen has high quality cupboards, a central island, and direct access to the pool deckwith its south westerly views over the Bay of Funchal and towards the mountains. All rooms are generously sized, with featured lighting, solid wooden floors, and extensive wooden wall cupboards.
• Lower level - Circular staircase gives access to lower level with three further bedrooms, two of which are ensuite, plus a separate guest living area/study and spacious guest bathroom. All bedrooms feature extensive fitted wooden cupboards.
• Light and spacious interior spaces
• Elegant and interesting architectural features
• High quality build specification
• Air-conditioning throughout (hot/cold), with radiators to main rooms
• Solar panels linked to domestic hot water system
• Security alarm system
• Infinity pool set in large pool deck area, with excellent views
• Large garage with storage space for garden equipment with access off pool terrace
• Pool equipment room
• Colourful landscaped garden with automatic irrigation system plus garden lighting.
• Golf membership available


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 exact location of the property as provided by the Advertiser

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

Rua do Balancal nΊ. 29 Sγo Gonηalo 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 PalheiroStunningContemp) 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 nΊ. 29 Sγo Gonηalo 9060-414 Funchal Madeira
or call 03339 396426
Calling from outside the UK? 00351291794015

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