So, you’ve found your dream home in Madeira and begun the process of taking ownership. You have found a lawyer, a mortgage provider, and are ready to sign the deed with the Notary. The next thing you need to consider is Homeowners Insurance. In this guide, we’ll explain the options available in Madeira and how to get cover. In most cases, you will be required to have home insurance, as well as...
July 2022
Are you considering building your dream home in Madeira or Portugal? Arguably one of the largest and most important projects we can do in life, buying a plot of land and designing your home can be extremely rewarding. Many of us have dreamed about it, and one big factor is understanding the laws and regulations, especially when choosing to build abroad. At Madeira Estate, we’ve compiled as much...
Whilst having a Portuguese bank account is not a legal requirement for Portuguese residents and ex-pats, the benefits of having one can be particularly helpful for those who spend time abroad and manage their international finances. If you permanently reside in Madeira or Portugal, a Portuguese bank account will make life much easier for you, saving you time and money during your daily financial...