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5 bedroom manor house for sale

Portugal - Funchal, Madeira

€1,300,000

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Call: 03339 396426
  • Description
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  • Map

Key features:

  • 2.200m2 property with mature and meticulously maintained gardens
  • Full of charm and elegance
  • Peaceful, private and upmarket area
  • Walking distance from the hotel area in Ajuda
  • Five bedrooms, one of them on the ground floor - handicap friendly
  • Ocean, city and mountain views
  • Generously sized swimming pool
  • Access to "levada" irrigation water
  • Licensed for short term holiday rentals

Full description:

This property has maintained all the charm and elegance of its original construction some 70 years ago. The Quinta comprises a five-bedroom house surrounded by a well-maintained landscaped garden featuring mature trees and a swimming pool with generous dimensions. Its location is key, close to the hotel area in the centre of Funchal, whilst simultaneously offering privacy, quiet, and a feeling of being far removed from the hustle & bustle. The property also benefits from wonderful ocean, city and mountain views.

It would be ideal as a full time residence with a privileged position and easy access to the amenities of the city, but is also suitable for, and currently operating as, a holiday rental property.

This manor house impresses with its elegance on first entering the grounds. The pale yellow/cream façade stands out against the stunning colourful gardens and the basalt pebbles of the driveway.

The hall, bright and welcoming, is paved with colourful traditional tiles, contrasting with the wooden doors and the main staircase, which are lacquered in white. A library, on the right hand side, offers a warm and cosy room for winter evenings with its fireplace. The living area is generous in size, featuring hand worked high ceilings in beige and white. Traditional in style, the ample kitchen is located to the west, offering views towards the swimming pool, which can be accessed directly via the breakfast/dining area next to the kitchen. The ground floor also offers a good sized bedroom and a guest WC. This floor is handicap friendly and privileges an indoor/outdoor living style.

The upper level is reserved for the other four bedrooms. Three of them share a private veranda to the south, offering stunning ocean & city views. The master-suite offers a private dressing area and an ensuite bathroom, whilst the other bedrooms all have ensuite bathrooms. This floor also features high ceilings and wooden floors. Most of the original wooden shutters were substituted by aluminium ones, which are much easier to maintain.

The 15m X 9m swimming pool was installed in 1982. The pool is currently not heated, but an adjustment to the solar panel installation could easily facilitate this. A garden storage room and a WC complete the accomodation. The property has access to 'Levada' water for the garden irrigation.

Along the western boundaries of the property various benches invite you to rest under the colourful creepers & the shade of the mature trees and enjoy the lush gardens and open views. The property is licensed as a holiday rental property (AL).

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

Nearest Airports*

  • Funchal (INTERNATIONAL), 8.5 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 elegantSaoMartinho) 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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