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Madeira News: New flights are good news for overseas property buyers

Date: 16/10/2009

Madeira, 1000 km over sea south-west from Portugal's capital Lisbon, is famous for its sweet wine which was a staple purchase for exploring ships on route to the New World hundreds of years ago.

Today this autonomous region of Portugal still pulls in the crowds seeking that taste of the rich liquor coupled with the relaxed and warm Mediterranean climate. Although a popular stop off for cruise ships, more tourists are expected to take holidays on the island using the new flights announced by Jet2.com for 2010, which is good news for property buyers ready to open their doors to holiday rentals.

Madeira has much to offer in the way of leisure activities including walking, surfing, deep-sea fishing and mountaineering. Plus its 20 blue flag beaches are a huge attraction.

Jet2.com the low cost airline will begin flights from Manchester airport from 3 May 2010 from £49.99 one way (including taxes) to Funchal. Ian Doubtfire, MD at Jet2.com said: "Madeira is a stunning island and an absolutely fantastic summer holiday destination which I am sure will be extremely popular with our customers in the North West and beyond."

Duarte Ferreira, Director at Madeira Airport, added: "The launch of this new scheduled route is extremely positive news for Madeira and will open up this beautiful region to many more visitors. The creation of this brand new link, especially at a time when other operators are looking to cut costs and services, plays such an important role for tourism in the region, benefiting the local economy and people working and living on the island.

"We hope that this partnership with Jet2.com will result in the opening of several new routes from the UK in the near future."

Experience International, the overseas property agency, says Jet2.com's news simply reinforces their reasons for offering property on the island especially at this time when people are more cautious of investing overseas or are unsure of where is a safe option for their hard-earned cash.

Their new off plan development, Azulara, situated on the hillside overlooking Funchal bay and the capital city, comprises of 1, 2 and 3 bedroom apartments for investors with as little as £11,307 cash to spend.

With entry levels of only €251,530, Azulara allows the opportunity for holiday lets while allowing owners the option of enjoying the property themselves.

Steve Worboys, MD of Experience International, said: "The Azulara Resort matches up with the high expectations that visitors have coming to Madeira with its 5* amenities - spa, gymnasium, swimming pools and exclusive Members Club plus build finishes to exacting standards.

"Every effort has been made to provide investors with value for money and a secure investment platform including deposit protection for the buyer. The location on the hillside above Funchal speaks for itself in terms of its appeal, it is without doubt a prime spot on the island; there are 180 degree panoramic views of the Atlantic Ocean - the perfect place for our clients to enjoy a glass or two of Madeira wine." Source: Fly-2let

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