Its officially true ….the housing market has gone bananas!
There is currently a massive influx of super wealthy high net worth individuals HNWI who are currently sourcing large expensive properties in Madeira island and placing bids on properties even without seeing them.
The residents are calling Funchal ….Little Monaco
Funchal, Calheta, Ponte Do Sol, Garajau are the most popular regions for the HNWI with all these areas being easily accessible and a short distance from the airport.
With all year round sub tropical weather, good food and wine, excellent communications system…. what’s there not to like!
