Can foreign nationals take out mortgage loans in Madeira?

Yes, non-residents can be issued a mortgage loan to buy property in Madeira. 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 Madeira?

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 Madeira?

The utility costs vary across locations. For example, an average bill for an 50–60 m² house totals about € 100-130 per month.

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.

26 Houses for Sale with Pool in Madeira from 380,000€

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Fantastic villa with stunning views of the ocean and the city in Funchal, Madeira, Portugal for 790,000 €

Fantastic villa with stunning views of the ocean and the city in Funchal, Madeira, Portugal

790,000 €

£675,000

Total area 195 m²Land area: 969 m²3 bedrooms4 bathrooms

Historic villa with a swimming pool, a garden and a view of the sea in a prestigious area, Funchal, Portugal for 2,500,000 €

Historic villa with a swimming pool, a garden and a view of the sea in a prestigious area, Funchal, Portugal

2,500,000 €

£2,137,000

Total area 1,200 m²Land area: 1,200 m²4 bedrooms5 bathrooms

90 m long swimming pool!

The Community — investment apartments by Aqua Properties with 9,5% yield per annum in the center of the developing area of Motor City, Dubai

From 132,000 €

Completion in: 2025 Yield: 9.0% Apartments in total: 450

Residential complex

Exclusive two-storey villa with panoramic ocean views, Madeira, Portugal for 1,980,000 €

Exclusive two-storey villa with panoramic ocean views, Madeira, Portugal

1,980,000 €

£1,692,000

Total area 420 m²Land area: 600 m²4 bedrooms6 bathrooms

Furnished traditional villa with a panoramic view of the ocean in a quiet prestigious area, Funchal, Portugal for 1,590,000 €

Furnished traditional villa with a panoramic view of the ocean in a quiet prestigious area, Funchal, Portugal

1,590,000 €

£1,359,000

Total area 720 m²Land area: 720 m²5 bedrooms4 bathrooms

3 bedrooms; 4 bathrooms; Pool; Garden; Garage; Sea view for 790,000 €

3 bedrooms; 4 bathrooms; Pool; Garden; Garage; Sea view

790,000 €

£675,000

Total area 482 m²Land area: 482 m²4 bathrooms

New villa with a swimming pool, Funchal, Portugal for 1,800,000 €

New villa with a swimming pool, Funchal, Portugal

1,800,000 €

£1,538,000

Total area 559 m²Land area: 559 m²3 bedrooms5 bathrooms

Discounted homes upon request

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Client manager

We find off-market properties
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Three-storey villa with a swimming pool, a gym and panoramic views near the center of Funchal, Portugal for 1,150,000 €

Three-storey villa with a swimming pool, a gym and panoramic views near the center of Funchal, Portugal

1,150,000 €

£983,000

Total area 578 m²Land area: 578 m²10 bedrooms6 bathrooms

3 bedrooms; 5 bathrooms; Lift; Pool; Garden; Garage; Sea-front for 1,950,000 €

3 bedrooms; 5 bathrooms; Lift; Pool; Garden; Garage; Sea-front

1,950,000 €

£1,667,000

Total area 322 m²Land area: 322 m²5 bathrooms

New villas on Madeira, Portugal for 450,000 €

New villas on Madeira, Portugal

450,000 €

£385,000

Total area 107 m²3 bedrooms

3 bedrooms; 4 bathrooms; Pool; Garden; Garage; Sea view for 1,950,000 €

3 bedrooms; 4 bathrooms; Pool; Garden; Garage; Sea view

1,950,000 €

£1,667,000

Total area 793 m²Land area: 793 m²4 bathrooms

4 bedrooms; 4 bathrooms; Pool; Garden; Garage; Sea view for 7,950,000 €

4 bedrooms; 4 bathrooms; Pool; Garden; Garage; Sea view

7,950,000 €

£6,794,000

Total area 20,000 m²Land area: 20,000 m²4 bathrooms

New villa with a swimming pool, a garden and a view of the sea, Calheta, Portugal for 1,800,000 €

New villa with a swimming pool, a garden and a view of the sea, Calheta, Portugal

1,800,000 €

£1,538,000

Land area: 1,100 m²3 bedrooms3 bathrooms

Three-storey villa with ocean views in Funchal, Madeira, Portugal for 595,000 €

Three-storey villa with ocean views in Funchal, Madeira, Portugal

595,000 €

£509,000

Total area 300 m²Land area: 1,060 m²4 bedrooms3 bathrooms

Two-storey villa with panoramic ocean views in Funchal, Madeira, Portugal for 730,000 €

Two-storey villa with panoramic ocean views in Funchal, Madeira, Portugal

730,000 €

£624,000

Total area 280 m²Land area: 750 m²5 bedrooms4 bathrooms

Two-storey villa with a pool and a garden, Funchal, Madeira, Portugal for 399,000 €

Two-storey villa with a pool and a garden, Funchal, Madeira, Portugal

399,000 €

£341,000

Total area 253 m²Land area: 400 m²3 bedrooms4 bathrooms

Two new villas in Funchal, Madeira, Portugal for 460,000 €

Two new villas in Funchal, Madeira, Portugal

460,000 €

£393,000

Total area 450 m²Land area: 510 m²3 bedrooms5 bathrooms

Modern furnished villa with a swimming pool, a garden and a garage in a quiet area, Sao Martinho, Portugal for 1,400,000 €

Modern furnished villa with a swimming pool, a garden and a garage in a quiet area, Sao Martinho, Portugal

1,400,000 €

£1,196,000

Total area 450 m²Land area: 1,200 m²3 bedrooms3 bathrooms

3 bedrooms; 2 bathrooms; Garden; Swimming pool; Sea view for 500,000 €

3 bedrooms; 2 bathrooms; Garden; Swimming pool; Sea view

500,000 €

£427,000

Total area 211 m²Land area: 211 m²2 bathrooms

New villa in a small residence, Funchal, Portugal for 625,000 €

New villa in a small residence, Funchal, Portugal

625,000 €

£534,000

Total area 411 m²Land area: 230 m²

New two-storey villa with a pool in Funchal, Madeira, Portugal for 995,000 €

New two-storey villa with a pool in Funchal, Madeira, Portugal

995,000 €

£850,000

Total area 370 m²Land area: 887 m²4 bedrooms4 bathrooms

4 bedrooms; 4 bathrooms; Pool; Barbecue; Garden; Garage; Sea view for 1,195,000 €

4 bedrooms; 4 bathrooms; Pool; Barbecue; Garden; Garage; Sea view

1,195,000 €

£1,021,000

Total area 869 m²Land area: 869 m²4 bathrooms

Two-storey new villa with sea views, Madeira, Portugal for 380,000 €

Two-storey new villa with sea views, Madeira, Portugal

380,000 €

£325,000

Land area: 404 m²3 bedrooms3 bathrooms

3 bedrooms; 4 bathrooms; Pool; Garden; Sea view for 1,050,000 €

3 bedrooms; 4 bathrooms; Pool; Garden; Sea view

1,050,000 €

£897,000

Total area 1,257 m²Land area: 1,257 m²4 bathrooms

Exquisite three-level villa with a pool in Funchal, Madeira, Portugal

1,950,000 €

£1,667,000

Total area 741 m²Land area: 3,620 m²5 bedrooms6 bathrooms

Villa with a pool, a large plot and several bungalows on the island of Madeira, Portugal

1,950,000 €

£1,667,000

Land area: 9,000 m²13 bedrooms12 bathrooms

3 bedrooms; 3 bathrooms; Pool; Garden; Sea view

750,000 €

£641,000

Total area 556 m²Land area: 556 m²3 bathrooms

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First and foremost Tranio is a very motivated team of professionals who surely know their job! We are very pleased with their well-coordinated work, timeliness of responses to the questions posed, and willingness to act in case of unusual situations.
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Coldwell Banker
It is with much enthusiasm that I personally recommend Tranio for a professional business collaboration in the ﬁeld of real estate, marketing, acquisition, and ﬁnance. The fundamentals of our business relationship with Tranio were set in 2016. Mundial AG has received the company’s great reputation throughout a number of international business pai’tners and stockholders. Tranio has helped our company to expand its horizons to the global market and has established benchmarks that would extend Mundial AG’s networks. The company has exceptional connections to potential investors and has a proﬁcient team that is capable of forming compound ﬁnancial models that attract ﬁnanciers. The cooperation with Tranio is based on professionalism, effectiveness, and Hypovﬂemsbank scrupulousness. Our experiences with Tranio are encouraging and progressive, which makes them one of our preeminent business paitners.
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Z. Farkas, Mundial AG
We are glad to have a partnership with Tranio! It offers a vast online property base and the best services.

Quality Villas

Houses for sale with pool in Madeira