Quote:
Originally Posted by Portugeezer
Have you had a look at Madeira Island ?
Most definitly worth a look ,Been in Algarve and Madeira ,i can definitly recommend you this little island as an investment prospect.
Good luck
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Beautiful island - lived there long enough and know it very very well, but as an investment? There has so much construction there over the past years that how can there be enough demand to cover the offer? (heh whoops I mean supply - was thinking in Portuguese and translated directly - "Oferta")
Porto Santo however is another story completely, although in truth I haven't been there for quite a few years so things may have changed drastically.
Buying for lifestyle on the other hand, I can't think of anywhere I'd rather retire to than Madeira. (And I don't mean it's an island only for elderly people, I mean it's an island for people who don't have to worry about financial obligations).