MADEIRA ISLAND PORTUGAL PROPERTY FOR SALE

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  • PROPERTY TAXES IN MADEIRA ABOUT TO INCREASE IN 2012

    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 where people have had the benefit of exemptions - same taxes will either be abolished or ...
    Posted to MADEIRA (Weblog) by 18177 on November 20, 2011
  • PROPERTY | REAL ESTATE TITLE TRANSFER COSTS FOR 2011 IN MADEIRA

    The new IMT Tax Table is applicable to all property transactions in Madeira Island - effective 1st January 2011.  Prior to making an offer on a property in Madeira, it is important to take into account all the extra costs that are necessary to pay over and above the agreed price between Buyer and Seller.  This table will provide you ...
    Posted to MADEIRA (Weblog) by 18177 on January 13, 2011
  • 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 to the local Madeira Tax Office.  Permanent residents in Madeira who rented out ...
    Posted to MADEIRA (Weblog) by 18177 on December 28, 2010
  • CALHETA PROPERTY FOR SALE

    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 month. Quiet, safe and private location - sleep with your doors open at night ...
    Posted to MADEIRA (Weblog) by 18177 on December 4, 2010
  • MADEIRA PROPERTY NEWS - MARKET VALUES UNDER PRESSURE

    House prices in Madeira Island, Portugal are currently being affected and on a downward trend. According to the latest INE statistics - which are based on the most recent bank property valuations, the average banking home evaluation has shown a downfall during the last 3 months in Portugal - where a decrease of 0.6% has been registered over the ...
    Posted to MADEIRA (Weblog) by 18177 on November 28, 2010
  • Succession laws in Madeira, Portugal

    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 than 120 Billion Euros.  As owners of real estate property, houses and bank accounts, ...
    Posted to MADEIRA (Weblog) by 18177 on October 9, 2010
  • PROPERTY MARKET INVESTMENT EDUCATION IN MADEIRA GOES HAND IN HAND WITH FINANCIAL INVESTMENT EDUCATION IN THE EU.

    In an effort to improve Europeans' financial education, the European commission created a site which is available in 21 languages.  The sole purpose of this site is to inform European citizens about their legal rights and by so doing, helping them making informed financial decisions for ex.  obtain mortgages on property purchases and ...
    Posted to MADEIRA (Weblog) by 18177 on September 25, 2010
  • 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, ...
    Posted to MADEIRA (Weblog) by 18177 on August 15, 2010
  • MADEIRA PROPERTY MARKET INFLUENTIAL FACTORS ON THE LOCAL PROPERTY MARKET

    Madeira Island, the hidden treasure in the middle of the Atlantic Ocean made global front line news on the 20th of February this year.  The devastating series of mudslides and floods which ravaged the island although only striking 2% of the territory - mainly in the capital of Funchal, Ribeira Brava and some other smaller towns left many ...
    Posted to MADEIRA (Weblog) by 18177 on July 22, 2010
  • MADEIRA FREEHOLD PROPERTY | LOW HOLDING COST IN MADEIRA

    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 property, excluding household insurance and annual taxes is €59.00 ...
    Posted to MADEIRA (Weblog) by 18177 on October 31, 2009
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