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Property Listing Details

4 bed detached house for sale

Ribeira Brava, Ribeira Brava, Ribeira Brava

£537,371

€599,000

Features

  • 4 bedrooms
  • Reference: Ref 317
  • Total area: 380m2
  • Useful area: 730m2
  • Plot area: 730m2

Listing view statistics

Last 30 days: 9 page views

Since listed: 270 page views

Description

Beautiful villa with exceptional quality, all very well decorated and thought to the detail. Located in Ribeira Brava with a magnificent view to the Atlantic Ocean and mountains in a residential area with scattered.
Garage on the first floor with a gymnasium, a lovely kitchen, a large room, large pool, gardens, large backyards. The second floor contains 3 bedrooms very nicely decorated, and two of them with private bathroom, but has access to the attic that serves as office with great room. It is served by very good accesses, about 20 minutes from Funchal, 5 minutes from the beach, restaurants, and public services.
Garden in the backyard. Elevator, Fireplace
Ribeira Brava is one of the oldest settlements of the island of Madeira, whose importance is due to the local terrain, where a stream cuts through that once ran with wild waters (águas bravas), hence the reason for calling the area Ribeira Brava. The source of the stream is at an elevation of 327 m, the waterway then running a distance of 8 km alongside the road that leads to Encumeada. Ribeira Brava (wild stream)is lot easier to access since the construction of the two-lane motorway from Funchal.The town has made enormous progress in the last few years and has geared itself up to tourism. Many new facilities keep the locals 'local' and the long sunshine hours on the west coast attract many bathing fans.
Non - Habitual Resident Regime
A Non-Habitual Resident ('nhr') will be exempt from personal income tax on certain types of qualifying income if this income is subject to tax in the country of source under an existing Double Tax Treaty that allows for this or, if no Tax Treaty exists, were subject to tax in another jurisdiction and are not considered as Portuguese source income under domestic rules. Certain types of qualifying income under the regime will also benefit from a double tax exemption i.E. An exemption in Portugal and in the source jurisdiction. A special flat rate of 20% is also applicable for certain types of income arising from a number of highly qualified activities.
Pensions, dividends, royalties and interest from non-Portuguese sourced income are exempt from personal income tax in Portugal. Certain types of salaries, provided they are paid from a non-Portuguese source, can also be exempt from tax.
Any individual who has his habitual residence in Portugal or who spends more than 183 days in Portugal in the tax year, which runs from 1st January to 31st December or has a dwelling in Portugal at 31 December of that year with the intention to hold it as his habitual residence, and has not been taxed in Portugal, as tax resident, in the previous five years.
You may apply when you have become a Portuguese tax resident or before 31st March of the following tax year.Successful NHRs will have access to all the benefits of an ordinary Portuguese tax resident including healthcare.
Rental is an option under the nhr regime. As occurs when you purchase a property, if you are renting a property you may be required from tax authorities to provide evidence of your address in Portugal, which can be done through providing a copy of your rental contract.
After your registration as a nhr in Portugal you are able to request an international certificate of residence to the Portuguese tax authorities. This document then has to be sent to the tax authorities of source of income and that should enable you to be exempt of tax in that jurisdiction, unless a withholding tax applies.
About Prime Properties Madeira real estate

Discover the perfect home for you in Madeira, Portugal today!
Prime Properties Madeira Real Estate is a local, well-established, licensed, real estate agency providing a complete service to international buyers looking to invest in Madeira, Portugal whether for holiday homes or permanent living residence. Our properties include villas, houses, quintas, apartments, land and commercial properties. We also offer a property finding service, working with a few select real estate agencies in Madeira to deliver a personalised service through the entire purchase process from viewings, negotiation, legal expertise, mortgages, relocation etc. We pride ourselves on working together to European standards of honesty, integrity and transparency. We provide excellent after sales service.
Energy Rating: B-
#ref:Ref 317

Rooms
Bathroom (s): 5
Total bedroom(s): 4
Surroundings
City Center
Green areas
Highway
Pharmacy
Police
Public Transports
School
Supermarket
Areas
Gross Area: 380
Land Area: 730
Net Area: 730

Floorplan

No floorplan available

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Map

Local map of the area

Map and Street View Map showing location of property

Please note the map locations for this listing are approximate.

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Property descriptions and related information displayed on this page are marketing materials provided by Prime Properties Madeira. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Prime Properties Madeira for full details and further information.