MADEIRA ISLAND REAL ESTATE NEWS PRICE REDUCTION IN FUNCHAL QUINTA | VILLA
This upmarket quinta, like many upmarket properties in Madeira has been on the market for some time. The seller has recently instructed us to reduce the asking price by over 50% of the original asking price. Ideally located and within walking distance of Funchal harbour, theatre, Dolce Vita - a new Shopping Centre with cinemas, restaurants and gymnasium in downtown Funchal. This luxury villa is an excellent investment for those wanting to retire or need a second home as an investment. The property has a clean title and is now only in need of a little TLC. As banks and home loan providers have tightened their lending criteria in response to the international credit squeeze, now is the time for those who have liquidity and are serious about investing here in Madeira Island.
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