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Madeira Tops Property Buyer’s Wish-List

August 3, 2009Article by Ray Withers

If all that comes to mind when you think of Madeira is sherry trifle, then think again – Madeira property is top of many people’s wish list for retirement and second homes.Funchal and the surrounding towns and villages sit high on volcanic peaks thrusting in to the sky from the depths of the Atlantic, jabbing at the clouds.

The amphitheatre of the bay where Funchal sits aloft has breathtaking views over the bright blue Atlantic.
The island of Madeira, Portugal, has always offered a friendly welcome to the British and, of course, Portugal is one of Britain’s oldest allies.Most of the population lives in the capital of Funchal, but new roads have opened up other areas to development, putting them within 45 minutes of the capital.

Portugal is this year’s place to buy for European investors, with an undersupply of high quality property at reasonable prices.UK international real estate consultants Property Frontiers is offering an exclusive deal on a five star resort.The Azulara resort, Funchal, Madeira, has a range of apartments and villas with breathtaking views over Funchal and the ocean, and is a trendy new development with a top quality architect designed finish.

The one to four-bed properties cost from £222,000.Cash down is as little as £4,320 cash down because Property Frontiers has negotiated an exclusive offer with the resort developers who are offering a 13% gifted deposit.Upmarket four-bedroom villas with a pool fringing a golf course estate come with a £1 million price tag.Each property comes with an en-suite bathroom. The two and three beds also come with their own private veranda.

The final resort plan for Azulara is for 112 apartments and 61 villas, with all the services a discerning buyer would expect from a five star luxury resort, including a spa, gym, swimming pools, golf and an exclusive members club.

Author

Ray Withers

Ray has over 17 years’ experience in the international property market and bought his own first international property investment back in 2002. Aside from running Property Frontiers, Ray has been involved in residential, hotel, student and commercial property investment and development in both the UK and overseas and co-wrote "Where to Buy Property Abroad - An Investor's Guide". As Founder and Trustee of the Frontiers Foundation, Ray is directly involved with many of its projects to ensure they have a direct and tangible impact in individual communities across the globe. He is passionate about property, travelling, scouting out new opportunities and finding time to spend with his young family.
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