Madeira Real Estate Blog

Now is a good time to consider purchasing a property on the Portuguese island of Madeira, with rising tourist numbers helping to boost the rental market.

Speaking to the Financial Times, Linda Beaney, from Beaney Pearce, a firm that markets one of the villa developments on the island, explained there is a robust real estate sector in Madeira at present.

“The sales market in Madeira has continued at a steady pace over the past three years,” she stated. Ms Beaney added although the number of British buyers has fallen slightly, investors from Brazil, Germany, South Africa and Scandinavia have expressed a growing interest inPortuguese property on the island.

According to the most recent figures released by the Instituto Nacional de Estatistica, Madeira was one of the only regions in the country where the number of overnight stays by tourists increased in 2011, compared to 2010.

The island also recorded the highest occupancy rate in the nation for its holiday accommodation in the same period, which may be a good sign for those hoping to rent out property in Madeira.

See original article at Property Showrooms:
www.propertyshowrooms.com

The Palheiro Estate
Located on a prime hilltop site overlooking the sophisticated capital of Funchal, the 130 hectare Palheiro Estate, has grown from an early 19th century hunting lodge and summer retreat for nobility into a sophisticated, low density resort destination.

Palheiro benefits from an unrivalled location, on the one hand its elevated position gives stunning views over the city and harbour, yet it is only ten minutes by car to the city centre, with its elegant mix of historic buildings and modern shopping. On the other hand, it is only fifteen minutes to the international airport, with direct flights to over 40 European destinations.Palheiro Village is the first of its kind on Madeira Island, a small luxury residential development offering freehold properties and leisure facilities to a discerning international market. In pioneering a totally different approach to luxury property development – not just “bricks & mortar”, but a wide range of facilities and services - it has put Madeira very firmly on the map of leisure property investment.

Madeira
Madeira is a small island (50 km long) located 900 km. south-west of Portugal and 600 km. off the North African coast.

For over 200 years, Europe’s elite have been drawn to the archipelago of Madeira, enjoying the reliable, year-round fine weather and dramatically beautiful landscapes. The waters surrounding the island are warm and the winding coastline provides many opportunities to enjoy them. Savvy second home purchasers are aware that Madeira, which can be easily reached in around three hours via direct flights from the UK, Ireland and mainland Europe, is an ideal alternative to long haul destinations for sun seekers, offering year round rental opportunity as well as a superb second home location.

Visit Palheiro Real Estate - Madeira island

Khusan has now added a valuable service for advertisers who would like to see their properties appear at the top of the listings pages. In addition to placing Free ads, an advertiser can now opt in to pay a small fee that will feature his classified ad as a ‘Top Listing’.

Top Listings will appear above free ads and therefore draw more interest from site visitors. This is an attractive advantage in a portal that displays thousands of properties. However, the Top Listings segment will be limited to just 4 properties on each page.

User friendliness is one of the major success factors of any website. With Khusan you can get to any property listing in 2 clicks. Property details are attractively displayed on one single page. They include the owner contact details, a generous description, property features, a photo gallery with up to 8 images and to conclude the page a Google map is incorporated showing the exact location (if required). Khusan does not only have free classifieds for ‘offered’ Real Estate but also ‘wanted’ listings.

On June 14th 2010 – The Free International Real Estate classifieds listings portal Khusan was launched to cater for both the merchant (house owner, Realtor, travel agent, etc.) and the consumer (all those wanting real estate) to place their advertisements.

Khusan.com’s primary target group is the property owners who sell their realty privately using the ‘For Sale By Owner’ method. However, it is definitely not limited to this target group. No one is excluded from advertising their property or their requirements on Khusan.com. Adverts include comprehensive info about properties and Google Map positioning. Ads are free of charge and it is a refreshing way to create free classified ads within the property market.

Visit Khusan – The International Real Estate Classifieds Portal here.

Palheiro Real Estate is delighted to announce the release of a three-bedroom villa in Palheiro Village at the very special price of €595.000*
This type four villa features a large open-plan lounge-dining-kitchen area located on the upper level of the villa, with views towards the Atlantic Ocean. Leading from the lounge area is an extensive terrace – perfect for indoor-outdoor living.

The bedrooms are located on the lower level, with all bedrooms enjoying the benefit of en-suite bathrooms and with two of the three bedrooms having private terraces. The facilities of the Village Forum – including swimming pool and pool bar - are only minutes walk away, as is the golf clubhouse.

With the completion of construction in 2009, Palheiro Village has fared well and with landscaping now maturing, the Village offers a secure, and peaceful environment with quality services and facilities on hand. The one- and two-bedroom apartments and variety of three-bedroom villas are the perfect properties from which to enjoy the lifestyle of the Palheiro Estate, and the natural beauty of Madeira.

The success of the Palheiro Rentals operation within the Village, with the views, amenities and luxury accommodation being enjoyed by holiday makers year round, not only in the high season summer months of July and August, is a further factor attracting investment interest.
The commercial offers launched in 2010 have been a successful tool in attracting new purchasers, and we are pleased to continue to offer these for the first few months of 2011.

PALHEIRO VILLAGE COMMERCIAL OFFERS

- Lifestyle offer – Palheiro Real Estate offers to pay purchase closing costs, plus development charges for 5 years. Typically, these benefits together represent 10 -11% of the price of the property. Specially tailored offers are available for those who are interested in golf or sport fishing.
- Investor Offer – low entry costs and a gifted furniture package will interest those primarily looking for investment potential. With up to 70% mortgage funding and 10% of the purchase price deferred, only 20% purchaser equity is needed. Palheiro Real Estate furnishes the property to a high standard and places it into its rental program for 3 years, with a guarantee that the net income will pay the deferred part of the purchase price. The purchaser is able to use the property for up to 12 weeks per annum (conditions apply) and after 3 years, the purchaser receives the furnished property, with an established rental income available!

* Palheiro Village commercial offers available on this purchase.
For further information or to book your inspection trip – please contact Palheiro Real Estate on +351 291 794 015, real.estate@palheiroestate.com or visit www.palheirorealestate.com

NEW REAL ESTATE WEBSITE

Palheiro Real Estate will launch its new property website mid-January. Bookmark now!
www.palheirorealestate.com

Located on a prime hilltop site overlooking Funchal, the 130 hectare Palheiro Estate has grown from an early 19th century hunting lodge and summer retreat for nobility into a sophisticated resort destination.

We invite you to stay with us, either at the Hotel Casa Velha do Palheiro, a member of Relais & Chateaux, or in the award winning Palheiro Village, with its magnificent views over the Bay of Funchal - or let the beautiful island of Madeira become a more important part of your life by investing in a home here.

Freehold property prices from €325.000.

Attractive offers available for investor and lifestyle buyers.

Visit www.palheiroestate.com

At the end of March, Palheiro Real Estate attended two events in London linked to the residential tourism market in Portugal.

The first of these was the 6th Annual Property Conference, organised by the UK Portuguese Chamber of Commerce.    Held at the new Pestana Chelsea Bridge Hotel, the conference brought together key figures in the Portuguese leisure property market.   Delegates heard from a number of distinguished speakers on topics ranging from the outlook for the Portuguese economy; Portugal as a residential tourism destination; how Portugal’s residential tourism developers are responding to changed market conditions; real estate regulation in Portugal and the placement of residential property into UK investment structures.

The Moderator for the second half of the conference was Jonathan Fletcher Blandy, President of the real estate, hotel and golf operations at the Palheiro Estate in Madeira.

The conference was followed by A Place in the Sun overseas property show held at Earls Court.   Palheiro Real Estate was one of eight companies which combined to form the Portuguese Pavilion, organised under the auspices of the UK Portuguese Chamber.   The Portuguese stand stood out in the national colours and attracted considerable attention over the 3-days of the show.    The presenters of A Place in the Sun TV programme  - Amanda Lamb, Jasmine Harmen and Jonnie Irwin - were present at the show and took part in a number of seminars giving general advice on buying property overseas.

At the end of the 3-day show, the general opinion of those taking part was that attendance and enquiry levels indicated a return to a healthier market, particularly in the more traditional and better established locations.   Under the heading `Lifestyle Buyers Get Serious´, an article published by the Overseas Property Professional organization on 31 March commented that “A Place in the Sun in London this year offered a seemingly busier crowd and a more positive atmosphere than at the 2009 show.  Many exhibitors reporting an increase in leads.”

Jasmine Harman, presenter of A Place in the Sun TV programme visits the Portuguese Pavilion at A Place in the Sun show in London on 28 March – pictured here with Roger Still of Palheiro Real Estate.

Christina Hippisley, General Manager of the UK Portuguese Chamber of Commerce with Roger Still of Palheiro Estate on the Portuguese Pavilion at A Place in the Sun show, in London on 28 March.   Note the beautiful orchids, which were specially delivered to the show from the Palheiro Estate, Madeira Island.

Christina Hippisley and Luis Delgado of the UK Portuguese Chamber of Commerce visit the Palheiro Estate display at the Portuguese Pavilion; 28 March.

With the onset of the credit crunch, fractional ownership of holiday homes has been increasing in popularity as a more affordable and practical way of owning a home abroad.

Portugal has long been a leading fractional freehold destination and Madeira provides a great option for fractional purchasers, as highlighted in an article in the Daily Mail last week.

The journalist Xanthe Whittaker states that fractional ownership allows “for holiday homes, once the exclusive domain of the ultra-rich, to become available to people with considerably smaller bank accounts.”

Palheiro Village is given as an example of one such luxury location that offers value for money. The article highlights though that fractional is often attractive to people who could afford to own a whole property outright, but “would rather part-own than make the financial commitment of full-freehold ownership.”

For the full article, click on this link: http://www.dailymail.co.uk

All too often Real Estate agencies complain about the costs involved in running their sites. Many agencies run expensive web solutions that require the purchase of a license and incorporate monthly or annual payments, maintenance costs and setup fees.

CMS Real Estate has been developed specifically for the property market and has been crafted around the award winning CMS Joomla framework.

Chris Szabo, MD of Navega Bem explained “We specialize in the the design and development of quality CMS websites. That means we create websites that you can update yourself without any technical experience whatsoever and without our help.”

“Utilizing the award winning Joomla 1.5 as the framework of your web site in conjunction with our ‘CMS Real Estate‘ component, you can run a multilingual CMS Real Estate Agency website that you can manage from anywhere in the world. All you need is an internet connection and a standard browser.

We provide a complete, ready to launch website that includes a unique design (we don’t use templates), initial search engine optimization and pre-launch marketing. All you have to do is add or import your properties and off you go. It’s that easy! And there are no license fees, no monthly fees, no maintenance fees or set-up fees.

Additionally, all our sites are professionally optimized and marketed to rank high in the search engines - because regardless of how attractive your web site looks or how much you paid for it, if it can’t be found, it won’t be getting any visitors.”

CMS Real Estate can be seen in demonstration at: http://www.cms-realestate.net/

‘Navega Bem - Web Design‘ is a highly reputable web design and development company based on the sub-tropical island of Madeira,  535 miles (861 km) from Lisbon - Portugal.