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  • Projects to qualify for a residence permit starting from 280,000 €
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  • Arco de Sao Jorge, Madeira, Portugal
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Houses for sale in Arco de Sao Jorge

1 listing

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220,000 €
£186,000
Total area 143 m²2 bedrooms5 bathrooms
Portuguese residence permit for purchase of rental apartments in Viseu

Residence permit in Portugal

280,000 € · Yield 4%
  • Largest thermal spa in Europe;
  • The project approved by the authorities;
  • Residence permit for the investor’s entire family;

Similar facilities nearby

Fantastic villa with stunning views of the ocean and the city in Funchal, Madeira, Portugal for 790,000 €
790,000 €
Total area 195 m²Land area: 969 m²3 bedrooms4 bathrooms
New furnished villa with a swimming pool and picturesque views, Funchal, Portugal for 1,750,000 €
1,750,000 €
Total area 812 m²Land area: 812 m²3 bedrooms5 bathrooms
New villa with gardens and a swimming pool, Calheta, Portugal for 1,250,000 €
1,250,000 €
Total area 900 m²Land area: 900 m²4 bedrooms4 bathrooms
Stylish villa with a swimming pool and ocean views, Arko da Calheta, Madeira, Portugal for 390,000 €
390,000 €
Total area 219 m²Land area: 274 m²3 bedrooms3 bathrooms
Historic villa with a swimming pool, a garden and a view of the sea in a prestigious area, Funchal, Portugal for 1,475,000 €
1,475,000 €
Total area 1,200 m²Land area: 1,200 m²4 bedrooms5 bathrooms
Exclusive two-storey villa with panoramic ocean views, Madeira, Portugal for 1,980,000 €
1,980,000 €
Total area 420 m²Land area: 600 m²4 bedrooms6 bathrooms
Furnished villa with a swimming pool and a garden, Funchal, Portugal for 1,500,000 €
1,500,000 €
Land area: 4,000 m²4 bedrooms4 bathrooms
Furnished villa with a guest apartment and a swimming pool, Calheta, Portugal for 750,000 €
750,000 €
Total area 3,434 m²Land area: 3,434 m²4 bedrooms4 bathrooms
Villa with a swimming pool, a garden and picturesque views, Funchal, Portugal for 1,950,000 €
1,950,000 €
Total area 3,620 m²5 bedrooms8 bathrooms
Traditional villa with a garden and picturesque views, Funchal, Portugal for 950,000 €
950,000 €
Total area 1,932 m²Land area: 1,932 m²5 bedrooms3 bathrooms
Spacious villa with a view of the sea and the mountains, Funchal, Portugal for 650,000 €
650,000 €
Total area 630 m²Land area: 630 m²4 bedrooms4 bathrooms
Sea view house with three apartments close to the center of Funchal, Portugal for 625,000 €
625,000 €
Total area 230 m²Land area: 375 m²5 bedrooms4 bathrooms
Three-storey villa with a garden and a swimming pool, Santa Cruz, Portugal for 1,750,000 €
1,750,000 €
Total area 2,795 m²Land area: 2,795 m²3 bedrooms4 bathrooms
Three-storey villa with a swimming pool and a view of the sea, Funchal, Portugal for 400,000 €
400,000 €
Total area 214 m²Land area: 214 m²4 bedrooms4 bathrooms
Comfortable villa with a swimming pool, a garden and a garage, Santa Cruz, Portugal for 445,000 €
445,000 €
Total area 1,630 m²Land area: 1,630 m²3 bedrooms3 bathrooms
Modern villa with a garage and picturesque views in a quiet area, Funchal, Portugal for 695,000 €
695,000 €
Total area 650 m²Land area: 650 m²4 bedrooms6 bathrooms
Sea view villa with a garden and a garage, Calheta, Portugal for 670,000 €
670,000 €
Total area 1,400 m²Land area: 1,400 m²3 bedrooms4 bathrooms
New villa with a swimming pool, Funchal, Portugal for 1,760,000 €
1,760,000 €
Total area 559 m²Land area: 559 m²3 bedrooms5 bathrooms
Furnished house with a garage, 100 meters from the sea, Calheta, Portugal for 399,000 €
399,000 €
Total area 374 m²Land area: 374 m²4 bedrooms6 bathrooms
Three-storey villa with a swimming pool, a gym and panoramic views near the center of Funchal, Portugal for 1,150,000 €
1,150,000 €
Total area 578 m²Land area: 578 m²10 bedrooms6 bathrooms
Two-storey villa with a swimming pool and a garden, Calheta, Portugal for 280,000 €
280,000 €
Total area 524 m²Land area: 524 m²2 bedrooms2 bathrooms
1-25 of 93 listings, page 1 of 4
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    Anna Kurianovich
    Anna Kurianovich,
    Senior Investment Advisor
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      FAQ about Arco de Sao Jorge

      Can foreign nationals take out mortgage loans in Arco de Sao Jorge?
      Yes, non-residents can be issued a mortgage loan to buy property in Arco de Sao Jorge. Special terms of mortgage lending for non-residents — the loan term up to 75 years of age for the eldest borrower and a down payment of 40–50%. The mortgage rate is a floating one, of 3% for residential properties and 5% for the commercial ones.
      How does the purchasing process take place when buying a house in Arco de Sao Jorge?
      Before the purchase, it is necessary to hire a lawyer who would help you get the paperwork done. Having chosen the property, you need to open a local bank account and receive a tax identification number.
      First, a preliminary sales agreement is signed, a deposit equalling to 10–30% of the property value is placed, and the municipal taxes are paid. The deposit is non-refundable if the buyer decides not to purchase. All agreements ought to be notarised.
      Between signing the preliminary and main sales agreements, the lawyer completes the property Due Diligence and checks the availability of all the documents for the property. When signing the main agreement, the remaining transaction amount is paid, after which the property can be registered with the land registry office and a title deed can be obtained.
      What property taxes are there in Portugal?
      Property buyers pay a stamp duty (Imposto do Selo, IS) — 0,8% and a title deed transfer tax (Imposto Municipal sobre Transmissões, IMT) — 6,0 – 6,5%. After the purchase, an annual real estate tax (Imposto Municipal sobre os Imóveis, IMI) ranging from 0.3 to 0.8% across property types and municipalities, has to be paid. These three taxes — are everything that is paid by property owners.
      When selling real estate, non-resident owners pay the capital gain tax, chargeable from the difference between the purchase price and the sales price at a rate of 28%.
      The inheritance and gift taxes are not levied from spouses, children, parents and grandchildren, the other categories pay them at a rate of 10% (which is considered low).
      How expensive are the utilities in Arco de Sao Jorge?
      The utility costs vary across locations. For example, an average bill for an 50–60 m² house totals about € 100-130 per month.
      Can Portuguese residency be obtained through buying a house?
      Yes, there is a residency by investment or Golden Visa programme in Portugal. Those buying newly or relatively recently built properties for at least € 500,000 and properties built over 30 years ago for at least € 350,000 become eligible for residency.
      How can a house buyer obtain Portuguese citizenship?
      It is possible to apply for permanent residency after five years of residence in the country. After six years of residence it is possible to apply for citizenship. But these procedures are not interrelated. Holding a temporary residence or permanent residence permit does not lead to obtaining citizenship. Only following the rules of stay in the country (over 183 days per year for six years) can give hope for obtaining Portuguese citizenship.
      Can foreign nationals lease houses in Portugal?
      Yes, of course. The owner's right to administer their property is not limited in any way.
      What types of Portuguese property are better to invest in for rental purposes?
      The most suitable for rental purposes are the houses located in the resort areas, such as the Algarve, Faro, Lagos, on the entire southern coast and the capital of the country, Lisbon.
      Why do I need to own a house in Portugal?
      The Portuguese property market is one of the European real estate markets that have been growing most actively over the past few years. Therefore, real estate investments are very profitable in the country.

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      Svetlana Larionova
      Svetlana Larionova
      Real Estate Expert Tranio in Arco de Sao Jorge
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