Description
Building in the center of Funchal, parish of Sao Pedro.
The property has a plot area of 461 m2, implantation area 285 m2 and approximately 778 m2 of construction.
This building falls under the area with tax beneficiaries (ARU and IFFRU).
ARU advantages with tax benefits and IFFRU financing.
ARU: IMT Exemption, VAT 5%, Lost Income and Capital Gains 5%, IMI Exemption 3+5 years, reduction of permit fees up to 70% (see CMF website).
IFRRU: Financing up to 100% of rehabilitation and projects, term up to 20 years, grace period up to 4 years, reduced interest, etc ... (see program).
Excellent investment opportunity!
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The information provided, although accurate, is merely informative, so it cannot be considered binding, and may be subject to change.
Energy Rating: B
