MADEIRA PROPERTY – REALISTICALLY PRICED HOMES STILL BEING SOLD DESPITE THE RECESSION
The property market in Madeira is still active despite the abundance of supply in the market.
This family home close to Calheta Beach was exclusively marketed by Tony de Nobrega of Nobrega Realty and was on the market for 65 days before being bought by European buyers. The price obtained was close to the asking price.
Realistically priced properties are being sold in record time whilst the overabundance of over-priced property remain on the market for years.