MADEIRA REAL ESTATE MARKET REPORT 2017

We would like to end 2017 with a message of gratitude to all our clients who chose us to be their nr. 1 choice to work with in achieving their luxury real estate goals in Madeira in 2017!.

A special thank you to those who contributed to another sucessful year of record sale price achievment in the Madeira real estate market in Garajau, Funchal and Calheta locations.

Funchal and Calheta continue to be amongst the top preferred locations chosen by the more discerning international buyer due to its warm climate, good motorways, convenient shopping, beaches and the new private hospital currently under construction.

In general terms the real estate market in Madeira has experienced a positive increase throughout 2017. According to the latest report by DREM (Direçao Regional de Estatisticas da Madeira) the average price being €121 000.00 Euros for all real estate in Madeira

Our own company stats show that record luxury prices betwen 1 and 2 Million Euros are much lower presently compared to record price achievements before the financial crises.

Once again our sincere thanks to all our clients for your business and continued loyalty to our company.

Whether you are planning to buy or sell your property in Madeira, contact your International Property Specialist in Madeira (CIPS).

Our very best wishes to you and yours for a Happy, Healthy and Prosperous 2018 !

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