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Shops New, for Sale, in Funchal, São Martinho, view City
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Barreiros, São Martinho, Funchal, Ilha da Madeira
New · 283m²
With Garage
buy
570.000 €
Two stores are sold together for Golden Visa acquisition opportunity without restrictions to the ARI/Golden Visa Requirements.
With a high probability of profitability, if you want to rent these two spaces.
It is located next to the Barreiros Football Stadium, having a large population affluence.
Both spaces are contiguous to each other, which allows to make a single space of larger dimensions.
Each store has two floors (ground floor and lower floor).
The shops both have smoke extraction, allowing catering, trade or services.
The stores are in their raw state, which allows easier adaptation to the business to be implemented from scratch.
With three parking spaces.
Golden Visa. Commonly referred to as residence by investment or citizenship by investment, it is a European directive, designed to attract foreign national wealth to EU nations. Applicants for the Golden Visa are granted residency or full citizenship in exchange for a defined economic contribution.

In volatile financial markets, Golden Visas are the key to optimizing a high-net-worth portfolio, as well as acting as an insurance policy against economic and political risks. They offer the holder greater global mobility, as well as the option of transferring to a more favourable jurisdiction (either now or in retirement) and access to all rights as a resident. This includes the right to live, work, study and receive health care, normally unavailable to non-residents and tourists.
A golden visa provides an investor and their family with access to new markets, as well as a range of career, educational, tax and health care opportunities. These opportunities are, in turn, available for future generations to benefit. Typically, as a holder of a Golden Visa, you can benefit:

- Ensure an alternative safe haven

- Expand and enrich your business and lifestyle opportunities

- Access to local health care facilities

- Access to local educational institutions

There is legislation in place regarding the Golden Visa in more than 100 countries on five continents, including more than 60% of EU member states. The Autonomous Region of Madeira, Portugal (RAM) boasts an excellent reputation, with a rich history, excellent quality of life and lively culture, as well as stunning natural beauty.
As of 1 January 2022, changes in the Portuguese legislation on Golden Visa declare that no investment can be made in high-density areas of Portugal, with the exception of Madeira Island and the Azores. This change in legislation is intended to promote investment in areas of lower density, creating fair opportunities across the country.

The minimum investment increased from 350,000 to 500,000 euros and the Capital Transfer increased from 1 million euros to 1.5 million euros.
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