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Posts published in “Property”

Cabo Girão Viewpoint Starts Charging Visitors

From Monday the 6th of March, visitors to the Cabo Girão will be required to pay an entrance fee.  However, access is free for Madeirans and Port-Santenses provided they register on the Platform SIMplifica, for their ‘residence card.’ “All current users of SIMplifica with an active residence certificate – necessary…

Russian Ship Escorted Off Portuguese Coast

On Saturday the 25th, the Portuguese Navy escorted another Russian ship out of Portuguese territorial waters in what has been described by the General Staff of the Armed Forces (EMGFA), as "a normal surveillance procedure of maritime spaces under national sovereignty or jurisdiction, where warships from non-NATO countries sail in Portuguese waters."

House Valuations at All Time High

According to data released by the National Institute of Statistics (INE), in January 2023, the median bank valuation value of housing in the Autonomous Region of Madeira (RAM) stood at  1,502 euros/m2, an increase of 1.0% compared to the previous month and +16.1% compared to the same month of the previous year. This value constitutes a new maximum of property values. 

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