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 […]

PROPERTY MANAGMENT TIPS IN MADEIRA THAT COULD SAVE YOU THOUSANDS 

If you are one of the over 800 property owners in Madeira who manage your own property or work with a property management company in Madeira and advertise your property for rent on the net to tourists without a licence, then this is for you! House prices in Madeira on average are the same or […]

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 […]

MADEIRA 2013 – PROPERTY MARKET REVIEW 

We Would like to start 2014 with a message to all our clients, past and present:  Thank you for making Nobrega Realty your number one choice for your real estate transactions in Madeira. With much gratitude to you all, Nobrega Realty is happy to report a successful year end with numerous real estate transactions concluded […]