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4 bedroom house for sale

Guide Price €880,000

Portugal - Prazeres, Madeira

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Call: 03339 396426

Key features:

  • Tranquility and stunning views over the ocean and mountain
  • High-quality construction
  • With three bedrooms in the ground level, this house is suitable for wheelchair users.
  • Heated swimming pool with electrical cover, extensive sun-deck
  • The property is certified class A+ energy efficient.
  • Solar panels for domestic hot water
  • Photovoltaic panels provide electricity
  • Extensive lawn, fruit tree and aromatic herbs garden

Full description:

This spacious and quiet four bedroom villa with an extensive lawn and a heated swimming pool, situated in the parish of Prazeres, has the most superb ocean and mountain view. Built in 2008 with top quality materials, the house offers luxurious countryside living, without being far away from all facilities.

The main entrance door opens up to a spacious entrance hall. To the left is the private area of the house which accommodates three bedrooms, two large guest bedrooms with shared bathroom and a most ample master suite. All three bedrooms have direct access to the terrace which surrounds the house, the garden and the pool. The property is very handicap friendly.

The ground floor master bedroom has a large entrance area, intended as an office, an ensuite bathroom with an extra shower, and a dressing area. The living room, adjacent to the kitchen on the right side of the entrance hall, is generous in size, but nevertheless feels inviting, comfortable, bright and peaceful, with a large sofa next to the piano.

The kitchen is fully equipped with Siemens appliances. Outside there is a built-in barbecue, with a small bathroom that also serves the swimming pool, and an exterior table where you can enjoy supper watching the sunset. The garden includes an area given over to fruit trees and aromatic herbs . There is a laundry area and a garage for one car, but plenty of space to park at least an additional three cars inside the property.

The upper floor offers an extra living area used as a games room, and a fourth bedroom with ensuite bathroom, that complete the accommodation.

The property is energetically self-sufficient. Photo voltaic panels provide the electricity, while solar panels heat domestic hot water. The pool is also heated and has an automatic cover. It is a certified class A+ energy efficient house. The furniture can be sold together with the property.

Prazeres is just 40 minutes from Funchal by motorway, and 10 minutes from the centre of Calheta.


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), 39.9 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 casaprazeres) 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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