House in Câmara de Lobos for sale

Property information

House in Câmara de Lobos for sale.
3 bedroom SEMI DETACHED HOUSE located in ESTREITO DE CÂMARA DE LOBOS FOR SALE. FREEHOLD. Property with 3 floors. 3 Bathrooms Area 213m2 Built in 2010 Garage 2/3 cars NEGOTIABLE Close to public transport, supermarkets. Garden and barbeque area. OCEAN VIEWS Internet Access. Weather – (Normal Temperatures) warm summers and mild winters Dec - May Between 16º C and 17ºC June – November Between 19ºC and 20ºC BY APPOINTMENT ONLY 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. Energy Rating: D #ref:RefCAS_393

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