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Listanza Services Group
IAD PortugalThe aggregator Global-Property.Investments represents more than 424 apartments in Madeira, Portugal. To make a home purchase in the region, you need to do the following:
- view listings provided by verified real estate agencies and developers;
- familiarize yourself with the features, price, layout and description of each residence;
- contact the seller at the listed phone number or via private messages for more information.
- The minimum cost of an apartment in Madeira is €99074.
- The cost of the most expensive apartments is €3.1 million.
- The average price of 1 m² is €2,522.
- Over the last year the average price has increased by 14.43%.
| Bedrooms | Minimum price (€) | Maximum price (€) |
|---|---|---|
| Studio | 130,000 | 470,000 |
| 1-bedroom | 160,000 | 860,000 |
| 2-bedroom | 130,000 | 1.3 million |
| 3-bedroom | 81,300 | 3.1 million |
| 4+ bedrooms | 198,000 | 2.6 million |
- The minimum area is 50 m².
- The average area is 113 m².
- The largest area is 733 m².
At the moment the programme of granting residence permit in Portugal for the purchase of real estate is not valid. However, there are still opportunities to obtain residency through investment. For example, foreigners can invest €500,000 or more in research activities conducted by public or private scientific laboratories, or a minimum of €250,000 in projects related to the restoration or preservation of the national cultural heritage of the country. There are other options to become a resident through investment.
Apartments for sale in Madeira
The moderate climate, magnificent scenery, rich culture of the region and affordable apartment prices in Madeira attract tourists, expats and real estate investors. There is a well-developed transportation network, including the international airport of Cristiano Ronaldo, providing convenient connections to many European cities. Buses also run to the islands of the archipelago, and car rentals are available at many rental outlets.
For those, wishing to buy a flat in Madeira and move in for permanent residence, there are numerous schools and educational institutions offering education in Portuguese and English. The health care system includes both public and private medical facilities that provide quality services. Residents and tourists have access to a wide range of shopping options, from local markets with fresh produce to boutiques of well-known brands. Restaurants and cafes offer a variety of local and international cuisine.
The location is known for its lava beaches, mountain trails, levadas (water channels) and magnificent gardens. Hiking, bicycle tours, canyoning, sailing and diving are just some of the activities available on the islands.
The real estate market offers a wide range of properties, from modern apartments in Funchal, the capital of the archipelago, to cozy houses in more secluded areas. At the same time, prices for apartments and flats in Madeira, Portugal, remain relatively affordable compared to other European resorts.
When planning to purchase a home in the region, it is advisable to consider the following locations:
- Funchal is the capital and the largest city of the archipelago, offering a wide range of apartments in different price categories. It is a vibrant location with a well-developed infrastructure including stores, restaurants, cultural institutions and an extensive transportation network. Funchal will appeal to those looking for the convenience of city life combined with proximity to nature and the sea.
- Câmara di Lobus is known for its picturesque fishing villages and vineyards. It is a great place to buy a home if you are looking for tranquility and privacy without wanting to be too far away from city amenities. The region is also famous for its traditional restaurants and cafes serving local specialties.
- Ponta do Sol is one of the sunniest places located on the southwest coast. This area is ideal for those looking for a property with great ocean views and access to beautiful beaches. The village provides excellent facilities for water sports and hiking.
- Kanisu is a popular tourist area with a developed infrastructure, including many hotels, restaurants and entertainment venues. Buying an apartment in Madeira, Portugal can be a good investment given the high demand for rentals during the tourist season.
- Mashiku is a historic town with a rich cultural heritage, located in the eastern part of the archipelago. The area will appeal to those planning to buy a home with its peaceful atmosphere, beautiful scenery and easy access to the international airport.
Flats in Madeira are characterized by a wide range of amenities that make life comfortable and enjoyable. Apartments often include a large living room with access to a terrace or balcony, a furnished kitchen with all necessary appliances, spacious bedrooms and stylish bathrooms with quality fixtures and fittings. The territory of residential complexes, as a rule, includes common swimming pools, gardens and green areas, and parking lots. The presence of air conditioning and heating systems provides comfort at any time of the year, and modern residential complexes are often equipped with video surveillance systems, intercoms and security guards for additional security. Some premium class properties may offer fitness centers, spas and other amenities for sports and relaxation.
Reasons for investing in an apartment in Madeira
Purchase of apartments in Madeira for investment is an attractive opportunity for foreigners. Buying an apartment in Portugal with renting purposes guarantees a financial return. The rental value of an apartment in Madeira is on average €1,499 per month. Assuming the right choice of rental property, the owner can expect a 6.73% ROI.
Over the past year, apartment prices in Santa Cruz and Funchal have risen by 15.81% and 15.32% respectively, while the overall increase in property values in Portugal amounted to 7.16%.
Buying an apartment in Madeira
Owning a property in Portugal allows you to enjoy beach vacations and generate rental income in your absence. The website's database, automatically updated and containing offers from trusted agencies and developers, will make it easy to find the right property for your investment. You can choose apartments and villas in Portugal by size, number of bedrooms and baths, location and price. Contact the seller as soon as you find an offer that meets your requirements, so you don't miss out!