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MADEIRA HOLIDAY VILLA - YOUR SECOND HOME WITH A RETURN ON INVESTMENT
The owner of this "Vista Atlantico" villa in Calheta uses the property as his vacation home and rents it out to tourism when not in residence in Madeira. The villa is extremely well managed by honest and trustworthy neighbours and friends who Read More...
PROPERTY RENTALS IN MADEIRA -FOREIGN INVESTORS TO SAVE THOUSANDS ON NEW TAX LAWS
Non-resident property owners in Madeira Island, Portugal who rent out their property to help cover expenses or make a profit are now obliged, by law, to obtain a proper licence called "Local Lodging" (Alojamentos Local) and declare their income Read More...
MADEIRA PROPERTY OWNERS ADHERE POSITIVELY TO NEW AIR/ENERGY CERTIFICATES
Property News in Funchal Madeira Island: Since January 2009 a total of 2,200 certificates have been issued on new constructions, apartments and single residential dwellings. The process of certification requires inspection by a qualified practitioner Read More...
BUYING INTO CONDOMINIUM / FRACTIONAL OWNERSHIP?...LACK OF GOVERNMENT CONTROL DOES NOT PROTECT THE CONSUMER !
BUYING PROPERTY IN MADEIRA INTO CONDOMINIUM / FRACTIONAL OWNERSHIP ? In a recent survey conducted by DECO PROTESTE (The Portuguese Association for consumer protection) 2 out of 3 consumers reported condominium management problems. In mainland Portugal Read More...
MADEIRA REAL ESTATE NEWS – ENERGETIC AND INDOOR AIR QUALITY CERTIFICATION OF BUILDINGS
As from January 2009 and in accordance with recent approved legislation (law “Art. 3DL nº. 78/2006”) both Sellers and Lessors are obliged to provide their respective property Buyers and Lessees with an energy and indoor air quality certificate Read More...