Palheiro Real Estate

As a second home destination, Madeira is gaining international attention – one major UK based property agency recently identified it as “one of the top 5 places in the world to buy overseas property for investment or as a lifestyle choice”.

For those considering an investment in a luxury home, consider the advantages:

• Sub-tropical climate – warm & pleasant year round
• Natural beauty – dramatic scenery, lush & colourful: known as the “Garden of the Atlantic”
• Ease of access – within 3 hours flight time from most European cities, direct flights from over 40 destinations in Europe
• Protected environment – 70% of the island is protected parkland & forest
• Activities – wide range of sports & leisure activities
• Tourist infrastructure – long known as a qulaity tourist destination, with lots to see & do
• Quality of life - a friendly, safe & clean place to visit and to live in

The Palheiro Estate – the best address in Madeira:

• Location – key location with easy access from the airport and to Funchal
• Natural beauty – heavily-wooded hilltop location with mature forested areas, gardens and dramatic views
• History – a blend of history and affluence still evident more than 200 years after its inception
• Amenities – luxury accomodation, fine eating, sporting and leisure activities that together form an appealing international resort destination
• Palheiro Village – an award winning development of 79 freehold apartments and villas, with central amenities and full property management services available, including property rental

Now is the time to buy!
With increasing evidence that the worst of the worldwide recession is over, confidence is returning to the international property market. To draw attention to the newly-completed Palheiro Village development, Palheiro Real Estate has just introduced some innovative offers aimed at both investors and lifestyle buyers:

• Lifestyle offer – Palheiro Real Estate offers to pay purchase closing costs, plus development charges for 5 years (see below). Typically, these benefits together represent 10-12% 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 80% mortgage funding (see below) and 10% of the purchase price deferred, only 10% purchaser equity is needed. Palheiro Real Estate furnishes the property to a high standard and places it into its rental programme 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 4 weeks per annum (limitations apply) and after 3 years, the Purchaser receives the furnished property, with an established rental income available!

We are sure these offers will convince you: NOW is the time to buy!

Notes

1. Closing costs – under the Lifestyle Offer, Palheiro Real Estate offers to pay the closing costs of the property, i.e. IMT property transfer tax; registration & notarial fees;
2. Development charges – under the Lifestyle Offer, Palheiro Real Estate offers to pay the Infratsructure & Basic service & Condominium charge for 5 (five) years;
3. Mortgage funding – available thorugh Banco Espirito Santo, subject to status.

For further information, please contact Roger Still or Anne Marchington as follows:
Tel: + 351 291 794 015
Email: real-estate@palheiroestate.com
Or visit: www.palheiroestate.com