Madeira Real Estate Blog

Owners of luxury villas and apartments in the exclusive Palheiro Village complex now have a brand new service at their disposal which allows them to rent out their properties.
The ‘Palheiro Property Rentals‘ web site has all the information required by potential clients to take advantage of this unique and expertly managed rental program.

As part of the Rental Service, guests will have discounts on a variety of facilities:

• Golf( Championship Palheiro Golf Course an18 hole par 72 course designed by Cabell Robinson ) with daily discount of 30% .

• 5 star hotel ( Casa velha hotel a luxury Country House Hotel) Use of artificial grass tennis court.

• Discounted access to the award winning Palheiro gardens discount of 10%.

• Discounts to Balancal big game fishing very special rates.

• Discounts for hire cars 20%.

• Discount at Madeira wine 10%.

• Free airport pick up and airport drop off.

The benefits of renting includes having a home experience with full home advantages available to you throughout your stay. Many tenants find that renting a holiday home provides them with exceptional value.In addition to bedrooms and bathrooms, rental homes offer living areas, eating spaces and other conveniences such as verandas and balconies. Rental homes come equipped with fully stocked kitchens, washers and dryers, and feature entertainment items such as DVD players, CD players and TV’s. High speed Internet access is being added to many of the homes.

The happy tenant is one who rents a home and makes use of it in the same way that they make use of their own home.

Find out more about Palheiro Property Rentals here.

Yesterday the President of Madeira Island, Alberto João Jardim, inaugurated Palheiro Village, a small development of 37 luxurious apartments built just below the Palheiro Golf Course.

The President commended the village as one of the best developments he had ever seen. Coming from a man who has inaugurated pretty much all of the modern or semi-modern developments on this island that says a lot.

The village consists of: 8 T1 Apartments, 25 T2 Apartments, 2 T3 Apartments, 38 T3 Houses, 6 T4 Houses, 1 pool, 1 meeting room for the condominium and 2 fractions destined to become offices and stores.

All of the village is blessed with something that not even all of the money put into the fine-craftsmanship of the luxurious estates can buy, an extremely beautiful and long look over the city bay, and most of the southern coast.

This development is the first, on Madeira Island, to have a fractional freehold service, in which 4 owners will own the house or the apartment during 3 months. This is a modern concept that allows people to purchase a vacation home for only a fraction of the price, but still gives them full ownership rights during their stay.

In the middle of the village there will be an area where all of the residents can meet and a large swimming pool where they can enjoy themselves during those hot summer days.

It was also announced during the inauguration that a Spa would be added next to the Casa Velha do Palheiro Hotel that all residents of the village may use, and construction should be finished before the send of the first semester of 2009.

At a 5 minute car ride from the city center, and a 10 minute ride until the calm beaches of Garajau, this villa is situated in the perfect location, as it’s not too far from either the city, beach, or countryside, and therefore shares benefits of the whole three.

If you are interested in finding out more about this development then you should head to the Palheiro Estate web site, where you can find all the information you need.

Welcome to Madeira Real Estate. If you are interested in buying property on Madeira island or want to find out what is involved in purchasing and owning property, then this blog will be the resource you require.

Over the coming weeks we will publish articles explaining in detail how you can acquire property and how you can benefit most from the current legislation surrounding realty.