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 […]

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 […]

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 […]

TAX FREE RETIREMENT IN MADEIRA PORTUGAL 

Tax free benefits for property buyers are in place in Madeira and Portugal to all European citizens and citizens of countries where double taxation agreements have been established with Portugal.  High Net-worth individuals, specific professionals and pensioners who purchase property in Madeira and transfer their tax residence to Portugal are entitled to tax free benefits […]

ALL PROPERTY OWNERS IN MADEIRA – SAVE MONEY AND OBTAIN YOUR ENERGY CERTIFICATE 

Madeira property owners are informed that as from the 1st December 2013 an “ENERGY PERFORMANCE CERTIFICATE” (“Certificado energético de imóveis) is obligatory and required prior to any property in Madeira being placed on the market for rental or for sale.  High penalties and fines are applicable if not obtained. New legislation requires that the proprietor […]