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The real estate market on Madeira Island has been booming in recent years, providing a diverse range of real estate investment options to those seeking a genuinely international real estate market opportunity.
Here, you will need a budget of around €250k plus taxes for a two-bedroom apartment. A one-bedroom apartment can be around €150k while townhouses and villas can be found from €350k.
For residents, ex-pats, and visitors alike, day-to-day life in Madeira is stress-free, and the cultural offerings are incredibly rich. Museums with Flemish and sacred art, churches that hold music festivals, regular symphonic orchestra and chamber music concerts, year-round gastronomical and traditional folk festivals, and recurring art shows are only a few examples.
If the cultural agenda becomes too much for you, you can still escape to the nearby island of Porto Santo. A two-hour ferry ride will take you to one of Portugal's 7 Natural Wonders, the 9-kilometre healing-sand beach of Porto Santo.
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