MADEIRA ISLAND PORTUGAL PROPERTY FOR SALE

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, ...

TONY DE NOBREGA is an international property specialist who originally started in South Africa in 1978. He has a family-run business and has been in Madeira Island since 2003.    Based in Funchal, the capital city of Madeira, NOBREGA REALTY covers property sales throughout the island with the main area of ...

Madeira Real Estate news in Funchal, Madeira Portugal – June 2009 – AJF De Nobrega of Nobrega Realty will be awarded the prestigious Certified International Property Specialist (CIPS) designation and will join a worldwide referral network of elite global real estate practitioners with expertise in working with the international market. ...

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 the international purchaser in obtaining title of this property.  For ...

Portugal’s 8th 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 increased.  The total annual turnover of home sales is 170 000 per annum.  This ...

The recent bank interest rate drop announced by major banking institutions in Madeira Island, Portugal will have no or very little effect on the local economy. The Central European bank has virtually commanded local banks to reduce their interest rates to an all time low.  Although the interest rates are now very low, consumers have to be ...

Madeira Island - Funchal’s scenic port was recipient to the “Best Destination Experience” Award at the largest cruise liner industry trade fair held in MIAMI, USA - a 4 day event which ended on the 19th March.  The award was based on surveys undertaken by cruise-liner executive operators and cruise-ship captains, where ...

This was the  headline in the Mail on Sunday Property Page  - 1st March 09 edition written by Fred Redwood reporting that Madeira island is not just a haven for oldies any more.  Despite its splendid botanical gardens and sub-tropical climate, some still consider its air of starched gentility as a “Pathe” newsreel.  ...

Property values in Madeira Island have fallen by 20 to 30% according to a recent article published this week in one of the local reputable newspapers.  Banks have become more conservative in their evaluations of property and clients’ credit loan applications.  This finding was based on research carried out by the ...

FUNCHAL – NEW PORT AND MARINA NEWSThe original plans for the new port in Funchal have been altered.  According to recent news the project which was estimated to cost in the region of around €6.5 Million will now cost €15Million and is due for completion in 2010.  The new development will link up to the present 4 traffic ...