Portuguese mortgages and the allure of Madeira

Many British expats are attracted by Portuguese mortgages for the escape the country offers from the wet and miserable English weather. The small island of Madeira has long been a popular hot spot for British tourists and expats alike, both charmed by the island's mix of culture and enchanting landscape with a vibrant and genuinely welcoming atmosphere.

Funchal, the capital of Madeira, is a very modern city and has a population of more than 104,000 inhabitants. English is widely spoken in the capital, making it easy to get around until your knowledge of the language grows. The city can easily be explored on foot and there are many interesting sights to explore. Sé Cathedral is at the central point of Funchal and is its most visited monument. Commissioned by King Dom Manuel I, it was built between 1493 and 1517. Its wooden ceiling, made from local trees, has been well preserved and can still be seen today.

Along the coast from Funchal is Câmara de Lobos, which inspired Sir Winston Churchill to paint its wonderful surroundings. The village gets its name from all the sea lions or lobos which surrounded the caves at the time of its discovery. Its dazzling cove is speckled with fishing boats returning to the town's busy port, their boats filled with the exotic array of fish with which Madeira's waters brim.

Soak up the sun with a Portuguese mortgage

For those looking for a seaside retreat, Porto Santo provides the perfect place, thanks to its five-mile stretch of golden sandy beaches. The town is set to become one of the most popular summer destinations in Europe once the airport and other developments have been fully completed. Property prices in the area are, therefore, likely to increase dramatically once the town has established itself as a popular tourist destination so it is well worth investing in the region now while property is still relatively cheap.

Although the country is European in its culture and currency, its climate is more subtropical, thanks to its location off the coast of Africa. The temperature rarely falls below 20 degrees yet, thanks to the high average rainfall; the island remains green and lush for the majority of the year.

Choose form an array of Portuguese mortgages with Conti

Due to its laid back atmosphere and stunning location which at least is on a par with, if not surpasses the landscape around the Algarve, Madeira is fast becoming a popular alternative for those seeking mortgages for property abroad. The cheaper cost of living and slower pace of life is proving an attractive relief from life back in the UK.

If you are interested in finding a Portugal mortgage for a property in Madeira, the overseas mortgages specialists at Conti can help you. Our team of experienced Portuguese mortgage specialists will help ensure that we find the perfect overseas mortgage for you.

Call us today to find out more about the fabulous Portuguese mortgages we have to offer.