Golden Visa in Madeira, Portugal

‍

Madeira, known for centuries for its wine, landscapes and climate, has recently emerged on the radar of foreign investors due to the approval of its privileged tax regime by the European Union, as well as its inclusion in Portugal Golden Visa program.

The island has already been steadily gaining in popularity since last year, especially among the new breed of hi-tech workers, digital nomads and long-term remote workers, who have adopted the hybrid work model and right now are flocking to the island, enjoying its offer of numerous quality properties and a state-of-the-art telecommunications network.

‍

Investment Opportunities in Madeira

When considering investing in Madeira within the framework of the Golden Visa program, bear in mind that Madeira is one of only a handful of locations that will remain within the Golden Visa program after January 2022.

In practical terms, you should be appraised of the fact that investors have two possible investment tracks at their disposal:

The €500,000 Golden Visa threshold – allows you to pick any property, anywhere in Madeira, either a new development in the center of Funchal or a quinta in the “banana line”. The €500,000 investment threshold offers the widest range of property choices.

The €350,000 Golden Visa threshold – allows you to invest in a property for rehabilitation or renovation within one of the official rehabilitation zones, like in the Sé neighborhood in Funchal, and elsewhere.

Investment opportunities depend on the area; as a rule of thumb, Funchal is the island’s priciest area, with Ponta do Sol coming second. The north coast is more affordable, but the weather is less stable, and the south is the warmest. (For more details, please contact our team).

Apartments in the city centre of Funchal

Luxury Madeira Villa

Best Locations for Golden Visa Investments in Madeira

Funchal is clearly the top destination for buying a property, but is also the most expensive. There are several recommended neighborhoods for the best combination of value for money and convenience, like Sé, Santa Maria Maior, São Pedro, São Martinho/Lido, and Praia Formosa.

Outside Funchal, there is Camara de Lobos, with plenty of bargains, Ponta do Sol – a small and warm village offering some stunning properties; Garajau on the east of the island, with good property bargain and close to the airport, or Machico – with a more international character which offers affordable property prices, and more.

Those looking for a buy-to-rent investment might do well to consider Caniço, in the city of Santa Cruz, where such investments can yield good short-term rental income.

Those who wish to relocate and work from Madeira, can relocate their business into the Madeira International Business Center (MIBC). This center currently offers the lowest corporate tax rate in Europe.

‍

Ocean view Apartments in Madeira

Why Work With Us?

‍

• We, at DRP Advisers, have extensive market expertise in Madeira;
• We have a considerable presence in Madeira;
• We have a successful track record of matching buyers and assets;
• We are a trusted brand in the real estate industry;
• Our only business is in real-estate;
• We adhere to a strict International Code of Conduct.

‍

Contact us for a free consultation call and information about real estate investment opportunities in Madiera, Portugal.