Golden Visa Investment opportunities in the Madeira Island Real Estate Market
Located 900 km from Mainland Portugal, north of the Atlantic Ocean, is the so charismatic Madeira Island, also known as the Floating Garden, due to the grandeur of the valleys and mountains and the luxurious blue of the sea.
The diversity of the natural beauty of this island has been for many years, the main enhancer of tourism and real estate interest. This market has experienced a dynamic evolution that accompanies the demand and needs of the population, and there has been a strong growth whose trend will continue.
The proven attractiveness of Madeira Island
In a total of 741 km2 of rugged and volcanic landscape incorporating lush vegetation, Madeira Island obtained the distinction of Biosphere Reserve, by UNESCO in 2011, where it is recognized the richness of an ecosystem that seeks to reconcile biodiversity conservation and its sustainable use.
Also, the fascinating and world-renowned Laurissilva Indigenous Forest was considered by UNESCO in 1999, a World Natural Heritage of Humanity, proving the expressiveness of nature, as a factor of relief and attractiveness, which made Madeira Island the Best Island Destination for six consecutive years.
In addition to the visual exuberance of nature, it is also nourished by fertile land for the manufacture of wine. With wineries scattered throughout the island, Madeira Wine is considered the ex-libris of the archipelago and appreciated throughout the world, having been part of a historic event celebrating U.S. independence in 1776. Referenced by Shakespeare in some of his works, admired by important personalities across the globe, Madeira wine is recognized across borders.
The typical gastronomy and luxurious hotels also make Madeira Island an attractive destination for tourists looking for true and exciting contact with nature, good bed and good table.
Apartments in the city centre of Funchal
Madeira’s potential in the real estate market
With a strong commitment from government entities, Madeira offers a business environment conducive to the application of capital, which encourages and welcomes foreign investment. It is currently one of the most attractive locations in the EU, for the installation of international companies and activities, where you can benefit from a set of measures, especially of a fiscal nature, which include the possibility of reduced taxation, granted with the aim of attracting foreign investment to Madeira.
From the set of advantages, there are also high-quality infrastructures and support services, competitive operating costs, safety and quality of life so characteristic of this island, Madeira provides national and international investors with a panoply of benefits and incentives to foreign investment.
Tourism has a strong influence on the economic development of Madeira, representing an opportunity for investment in the Real Estate Sector. The focus on this sector has been notorious in recent years, also counting on government support for the improvement of the infrastructure of Madeira Island.
The statistical analyses show a progressive growth of the real estate market over the last few years in Madeira Island, and in the latter, this growth was around 18%, compared to the same period, with the support of the price increase per m2 in the purchase and lease of real estate.
Ocean view Apartments in Madeira
In this way there is a remarkable increase in interest in the real estate market of Madeira Island.
If you are interested in Madeira Real Estate, please contact our expert consultant:
E-Mail: renata@drpadvisers.com
Phone: +351 912 585 085
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