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Troika Portugal has defined a calendar of general tax measures to be implemented during the next 3 years and the IMI Property Tax (municipal annual rates on Property) has not been excluded. Property owners can expect to pay more and in specific cases
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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
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Fully Furnished • 316 sq. m., 4 bath, 3 bdrm 2 story "double story split level contemporary villa" - €375,000 EUR - REDUCED WATERFRONT VILLA Ponta Do Sol, Madeira - PONTA DO SOL - OCEANFRONT ! Immaculate home - Fully furnished and
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This waterfront Villa (Casa Rosa) located in Tabua, Ribeira Brava on the south eastern coastline has just been sold by us under sole mandate in a record time of one day and at a realistic market value. The Madeira property market has not been immune from
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This week's announcement in the local newspapers of the reconstruction of the Marina with substantial improvements which include a sandy beach and promenade is positive news for property owners and potential investors in Ponda do Sol. Amongst our
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This charming cottage in Calheta , Madeira Island is new on the market. Ideally suited to those wanting to temporarily reside in Madeira and derive an income from holiday rental for the remaining months. Present owners currently average €2500 per
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Approximately 9 million Europeans are taking advantage of their European Union Citizenship's free movement rights by living outside of their home country. There are about 450 000 international successions each year in the EU; this represents more
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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
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Madeira Island, the hidden treasure in the middle of the Atlantic Ocean made global front line news on the 20 th of February this year. The devastating series of mudslides and floods which ravaged the island although only striking 2% of the territory
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This Calheta Vila is located at an altitude of approx. 300m above sea level and benefits from the best climate on the island. The 600m2 plot has enough space to add a pool and develop your own vegetable garden! Present basic running costs on this freehold
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Annual taxes on property, namely “IMI” ( imposto municipal sobre imoveis ), is calculated by the local municipality where the particular property is located. The Portuguese government has announced a decrease this month on IMI Tax. Every 3
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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
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This Madeiran- style home has been on the open market for 6 months. The original asking price was €250000. During this period there were two price adjustments and it has just been sold for €197 000 – a reduction of 21% from the original
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A retired couple, presently living near the mountains of CHIANGMARY in Thailand are looking to exchange their home for a similar home in the same price range in Madeira Island, Portugal. Their property in Thailand is a company owned one, thus benefiting
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Portugal’s 8 th of April 2009 edition of “Diario Economico” reports that 10% of the total homes in Portugal are presently on the market for sale. New construction has decreased but the number of used or resale homes on the market have
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