MADEIRA ISLAND – PORTUGAL – THE NEW 5 STAR PROPERTY LOCATION IN EUROPE 

Madeira Island renowned as the “floating garden” in the Atlantic is located South West of Portugal (approx. 1 000km from Lisbon).  The island has an international airport with direct flights available from many European cities including Frankfurt, London, Gatwick, Paris, Madrid, Zurich and of course, Lisbon.  Madeira boasts a beautiful horse-shoe shaped harbour which has […]

PROPERTY TAX INCREASE IN MADEIRA 2017 

Effective 2017 Tax Year in Madeira Island, a single tax payer owning property/ies in Madeira totalling a patrimonial value over and above 600 000.00Euros will have to pay an aditional 0.7% (or 1 % if in excess of 1 Million Euros) in adition to the normal IMI annual tax in their area. If you are […]

IMI PROPERTY TAX RATE REDUCTION IN FUNCHAL, MADEIRA 2017 

The average IMI property tax rate in the 11 Municipalities in Madeira and Porto Santo has been 0.307%. None of the municipalities have opted to apply the maximum rate for 2016 year, 8 have opted for the minimum, Funchal being the most populated, presently charges 0.32%. Camara de Lobos charges the highest rate. Funchal’s municipality […]

PROPERTY MARKET IN PORTUGAL – NATIONAL REPORT 2016 

MARKET/BANK EVALUATION DECEMBER 2015 Residential Bank evaluation values allow us to observe market tendencies specifically credit bank evaluation.  On a monthly basis the National Institute of Statistics analyses and distributes the latest statistics to all its members, via APEMIP.  According to INE the banks’ residential average evaluation was 1.043m2 which shows an increase of 2€uros […]

Are you renting your property in Madeira to tourists without a licence? 

FOLLOW THESE 13 STEPS … AND SAVE MONEY ! If you or your agent rent out your property to tourists for temporary or short term accommodation in exchange for money, then you need a licence called “alojamento local”. The property can be a villa, house, quinta, private family home, an apartment or room to let […]

I can market your property to the world 

As a Certified International Property Specialist (CIPS), I am a global property professional.  I know how to compete in today’s international property market.  I have the education, the resources and the network to build an international marketing strategy for your property to help attract qualified buyers from around the globe. Only ESTATE AGENTS who have […]

BUYING AND SELLING IN MADEIRA. HERE ARE 3 TRAITS YOU WILL WANT IN YOUR PROPERTY AGENT 

For both buyers and sellers, chosing the right property agent is an important and difficult decision. FOR THE BUYER With thousands of property in Madeira for sale being advertised on the net, it is not difficult for a buyer to find property.  The most difficult task is finding the right property agent to work with. […]

Looking to Purchase Property in Madeira, Portugal? 

Whether you are looking for a vacation home, seeking investment property, retirement or second home the property market in Madeira Island in Portugal has a lot to offer. There is tremendous opportunity here,but only if you know how to find and access it. The first step to purchasing a property in Madeira, Portugal is to […]

WHAT ARE THE CLOSING COSTS OF PROPERTY IN MADEIRA? 

You have found the perfect property in Madeira;  what is next in the home buying experience?.. Signing the contracts and paying the closing costs. So what exactly are the closing costs? Here is a list of the most common closing costs: 1.   LAWYER AND ESTATE AGENT Lawyers in Madeira, Portugal must be registered with the […]

MOVING TO AND LIVING IN MADEIRA 

APARTMENT vs HOUSE/VILLA IN MADEIRA.  WHICH IS BEST FOR YOUR LIFESTYLE? Moving to a different country and to an island exposes you to new experiences and realities.  Some individuals love living in an apartment, whilst others swear by a detached home in Madeira. When it comes to deciding between the two, however, one can’t always […]