Thank you! I’m glad to be helpful!
Review of Viktoria Pavlovskaya — Real Estate & Investment Expert on Madeira Island
My experience:
Viktoria is a reliable person and a true expert in real estate.
Renting, buying, selling — she can handle any issue!
Thanks to Viktoria, we rented the apartment of our dreams, and we’re already thinking about buying our own home — naturally, with Viktoria’s help.
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Thank you! I was glad to help!
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NEW PROJECT IN FUNCHAL | SÉCULO XXI 25
A new boutique project by SOCICORREIA in the São Pedro, Funchal area — only 10 apartments.
All T1 units have already been sold.
There are 6 T2 apartments still available:
1st floor
• 117.15 m² — €535,000
• 118.65 m² — €525,000
2nd floor
• 117.15 m² — €545,000
• 118.65 m² — €555,000
3rd floor
• 117.15 m² — €555,000
• 118.65 m² — €545,000
Parking + private storage room are included in the price. Most apartments have 2 parking spaces.
Project completion — 2028
Purchase terms:
20% — upon signing the CPCV (promissory contract of purchase and sale)
80% — upon receiving the keys and completion of the deed
No interim payments during the construction period.
Floor plans and project presentation available on request.
Viktoria Pavlovskaya | Real estate and investments in Madeira
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What additional expenses arise when buying property in Portugal?
In addition to the property price, the buyer needs to consider several mandatory costs:
• IMT — property transfer tax, approximately 7% of the purchase price.
• Imposto do Selo — stamp duty, 0.8%.
Both taxes are paid before the completion of the transaction.
After that, the purchase and sale transaction itself takes place, along with registering the property in the new owner’s name. Usually the procedure takes about 1 hour, and the costs of execution and registration are approximately 1,000 €.
Thus, when buying property on Madeira, you should factor in:
property price + about 7% IMT + 0.8% Imposto do Selo + about 1,000 € for execution and registration.
For detailed information and an individual calculation of costs, send me a direct message.
Viktoria Pavlovskaya | Real estate and investments in Madeira
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Why Madeira is increasingly attracting foreign investors: tourism, real estate, and the numbers for 2025–2026
Madeira stopped being a destination purely for holidays a long time ago. Today the island is increasingly seen at the same time as a place to live, to preserve capital, and to invest in real estate.
And the numbers clearly show why.
By the end of 2025, Madeira had set a new all‑time record: the island welcomed around 2.4 million tourists, and the number of overnight stays reached 12.7 million — 8.3% more than the year before.
Something else is even more telling: 83.8% of all overnight stays were generated by foreign visitors. The main source markets remain Germany and the United Kingdom, but France, Poland, the Netherlands, the USA, Spain, and the Czech Republic also contribute a significant share of the flow.
At the same time, it’s not only the number of tourists that is growing, but the tourism economy itself.
In 2025, total revenues from tourist accommodation reached €887 million, rising by 16.6% over the year. The average daily rate per sold room continued to grow as well.
Special attention should be paid to Local Accommodation: the number of overnight stays in this segment jumped by 18.7%, and its share reached roughly 30% of all collective tourist accommodation on the island.
What does this mean for the real estate market?
Tourism growth in itself does not guarantee rising prices for every single property. But it does create sustained external demand for the island: for accommodation, infrastructure, services, new development, and real estate.
And this is exactly why, when investing in Madeira today, it’s important to look at more than just a beautiful ocean view.
It’s far more important to understand the location, the asset’s liquidity, future development in the area, rental potential, and who will be able to buy this property from you in 5–7 years.
Madeira is becoming an increasingly international market. And as interest grows, so does the cost of making a mistake when choosing a property.
Victoria Pavlovska
Real estate and investments in Madeira
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Madeira is becoming much more than a holiday destination. For many international families, it is a place to live, invest and build their future.
Climate & quality of life
A mild year-round climate, the ocean, nature and an active lifestyle create an exceptional balance between work and everyday life.
Healthcare & education
Madeira offers public and private healthcare, Portuguese and international schools, and a high standard of essential services.
Great for families with children
International education, Cambridge-based programmes, languages, football, swimming, tennis, dance and many other activities make the island especially attractive for families.
Real estate & investment
Modern developments, high construction standards and strong property market growth make Madeira interesting not only as a place to live, but also as a long-term investment.
Residency in Portugal
Portugal offers different legal pathways to residency and, subject to legal requirements, the possibility of progressing towards permanent residence or Portuguese citizenship.
After many years of living and working in Madeira, I understand why more international families are choosing the island — not simply as a place to invest, but as a place to call home.
Viktoriya Pavlovska | Real Estate Expert in Madeira
Funchal • Madeira • Portugal
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Buying property in Madeira can be a secure and straightforward process when each stage is handled correctly.
Here is how it usually works:
- Get a Portuguese NIF — required to purchase property in Portugal.
- Open a Portuguese bank account — especially important for payments and mortgage financing.
- Choose the right property — considering location, market value, legal status and investment potential.
- Legal due diligence — ownership, licences, debts and registrations should be checked before signing.
- Sign the CPCV — the Promissory Purchase and Sale Agreement sets the conditions of the transaction and usually includes a deposit.
- Arrange financing if required — foreign buyers can obtain mortgages in Portugal depending on income, residency status and the property.
- Final deed and registration — the transaction is completed and ownership is officially registered.
I assist international buyers throughout the entire process — from property selection and negotiations to financing, legal coordination and final registration.
Viktoria Pavlovskaya
Real Estate & Investment Expert in Madeira
#MadeiraRealEstate #PropertyInMadeira #BuyPropertyMadeira #FunchalRealEstate #MadeiraInvestment
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Review of Viktoria Pavlovskaya — Real Estate & Investment Expert on Madeira Island
My experience: Viktoria is an excellent realtor! We are very grateful to her for the help and support throughout the entire process of purchasing our home in Madeira. Thanks to her professionalism and dedication, we were able to get through all stages of the transaction.
Viktoria helped us with literally everything: she accompanied us to the banks, assisted with the paperwork, took part in all the negotiations, and was always available whenever questions or any difficulties arose. She did far more for us than just the work of a realtor.
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Review of Viktoria Pavlovskaya — Real Estate & Investment Expert on Madeira Island
My experience:
Thank you! I was glad to help!
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Choosing the right area in Madeira is just as important as choosing the property itself.
The island is compact, but each location offers a very different lifestyle, price level and investment potential.
Here are some of the most popular areas to consider:
Funchal
The best choice for those who want city life, infrastructure, restaurants, schools, healthcare and easy access to everything. It is also one of the strongest locations for long-term demand and resale value.
São Martinho
One of the most desirable residential areas of Funchal. Modern developments, ocean views, good infrastructure and proximity to the Lido make it especially attractive for both living and investment.
Caniço & Garajau
A good alternative for buyers who want to stay close to Funchal while often getting more space for the same budget. These areas are popular with families and permanent residents.
Calheta
Known for its sunny climate, villas, ocean views and more relaxed lifestyle. It is particularly attractive for buyers looking for privacy, modern homes and a lifestyle property.
Câmara de Lobos
An area that has been developing rapidly in recent years. It can offer interesting opportunities for buyers looking for a lower entry price compared with central Funchal and potential for future growth.
There is no single “best” area in Madeira.
The right location depends on your goal: permanent residence, relocation, rental income, investment, holiday home or future resale.
Before buying, I always recommend comparing not only the price per square metre, but also the exact micro-location, accessibility, construction quality, future developments in the area and real market demand.
Viktoria Pavlovskaya
Real Estate & Investment Expert in Madeira
#РиэлторНаМадейре #ИнвестицииНаМадейре
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A new build is not automatically a good investment.
In Madeira it’s very important to look not only at a beautiful project, but also at several key things:
- Location
The island is small, but the price per square metre varies greatly depending on the area. Funchal, Calheta, Machico, Caniço, Câmara de Lobos — these are completely different markets.
At the same time, what matters is not only the town itself, but also the elevation above the ocean, accessibility, infrastructure, view and surroundings.
-
Developer
I always look at who is building, which projects have already been completed, what the finishing quality is like, and how well these properties are then sold on the resale market. -
Purchase stage
One of the main advantages of new builds is the opportunity to get in at an early stage and lock in the price.
In many projects the terms look roughly like this:
20% upon signing the CPCV and 80% upon receiving the keys.
This allows you to lock in the property price today and pay the bulk later.
If the market grows during the construction period, the investor gains an advantage simply by entering early.
- What’s included in the price
In modern projects in Madeira, the following are most often already included:
underground parking, parking spaces, a fitted kitchen, air conditioning, terraces, swimming pools, and in some complexes — a rooftop pool and a gym.
In addition, new properties come with the developer’s warranty obligations.
- Liquidity
For me this is one of the main criteria.
I always look at a property not only through the eyes of today’s buyer, but also ask the question:
who will this property be sold to in 3–5 years?
Because a good investment is not just buying a beautiful new build.
It’s buying the right property, in the right location, from the right developer and at the right price.
Viktoria Pavlovskaya
Real estate and investment expert in Madeira
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Review of Viktoria Pavlovskaya — Real Estate & Investment Expert on Madeira Island
My sincere thanks to Viktoria for her professional assistance in selecting an apartment in Caniço! She paid very close attention to all our wishes, helped with the choice, and supported us at every stage. Thanks to her, we found exactly the option we were looking for. It’s a real pleasure to work with someone who truly understands the client’s needs. I recommend Viktoria 100%! 
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Thank you! I was very happy to help!
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Mortgage for non-residents in Madeira: what you can really count on
Non-residents of Portugal can buy property with a mortgage.
On average, banks finance about 60–70% of the property value, so the buyer should be prepared to contribute roughly 30–40% of their own funds, plus transaction costs and taxes.
What’s important to understand:
Income must be officially documented.
The bank looks at salary, business income, dividends, rental income, and other clear sources of income.
Not only the client is assessed, but the property itself as well.
Legal transparency, liquidity, and the bank’s valuation have a direct impact on the amount of financing.
New builds can also be purchased with a mortgage.
At an early stage, buyers usually contribute their own funds under a CPCV (promissory sale and purchase contract), and bank financing is arranged closer to completion of construction.
The interest rate and loan amount are always individual.
They depend on age, income, income currency, loan term, the bank, and the client’s financial profile.
That’s why I always recommend first understanding your real financing budget, and only then starting to choose a property.
If you want to understand what mortgage amount and total purchase budget you can count on in Portugal, contact me — I will help you make a preliminary assessment of your situation.
Viktoria Pavlovskaya
Real estate and investment expert in Madeira
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Review for Viktoria Pavlovskaya — Real Estate & Investment Expert on Madeira Island
We honestly couldn’t have done this without Victoria. She didn’t just help us find our home, she walked with us through every single step, handling all the bank stress and mortgage paperwork like an absolute champion. She was always there when we needed her, answering every little worry with so much patience and warmth. It’s so rare in Portugal to meet someone who cares this deeply and genuinely treats your dream as her own. Having Victoria by our side felt like having family looking out for us. Victoria, thank you from the bottom of our hearts for your kindness, dedication, and peace of mind. We are endlessly grateful!
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