Apartment for sale in Formosa – Pestana Residences & CR7, Funchal
Apartment for sale in Formosa – Pestana Residences & CR7, Funchal
€1 190 000
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Three bedroom Apartment for sale in Formosa - Pestana Residences & CR7, Funchal, Funchal, Madeira
| Property | 3-bedroom apartment for sale |
| Reference | 32473 |
|
Asking Price
|
1 190 000€
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Apartment features
| Property type | Apartment for sale |
| Property reference | 32473 |
| Number of bedrooms | 3-bedroom |
| Number of bathrooms | 3 |
| Apartment in condominium | Formosa - Pestana Residences & CR7 |
| Located in | Funchal |
| Town | Funchal |
| District | Madeira |
| Has Garage | Yes |
|
Asking Price
|
1 190 000€
|
2025 IMT Tax & Stamp duty due in Portugal for this property
| IMT – For properties in Continental Portugal valued above € 1,128,287 the IMT tax is a flat rate of 7.5% applied to the sale price. | 89.250 € |
| Stamp Duty Tax (Fixed Tax Rate of 0.8%) | 9.520 € |
The IMT and stamp duty tax values for this property were calculated using the 2025 IMT Portugal tax calculator by Lisbon Property.
Currently, in 2025, properties with a declared value in the deed of less than €324,058 may be exempt from taxes for young people of any nationality under the age of 35. This exemption is only valid for the first purchase of a property intended to be used as a primary residence. Contact us for available properties that meet this criterion.
Currently, in 2025, properties with a declared value in the deed of less than €324,058 may be exempt from taxes for young people of any nationality under the age of 35. This exemption is only valid for the first purchase of a property intended to be used as a primary residence. Contact us for available properties that meet this criterion.
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