MADEIRA PROPERTY NEWS – THE PROPERTY REAL ESTATE MARKET IN MADEIRA , PORTUGAL IS ON THE THRESHOLD OF RECOVERY
The real estate property market in MADEIRA ISLAND, PORTUGAL is beginning to show signs of recovery. According to 3 local leading property sources, licensed agents/Brokers, construction companies and property developers all report a general increase in interest/demand especially from overseas/international buyers. This sector of the property has been stagnating mainly due to the global economic crisis. With some of the world’s economies giving signs of recover, demand and interest from overseas/international buyers is on the increase. Property prices in Madeira have not had significant price drops – in some cases in the region of around 20%.
If you are planning on buying property in Madeira now is the time to buy.
We have on our portfolio of property for sale in Madeira some genuine sellers who are looking for serious buyers. Contact us via email or visit our site.