The Importance of Home Surveys When Buying Property in Madeira

Buying a property in Madeira is an exciting investment, whether it’s a modern apartment, a seaside villa, or a charming countryside retreat. While home surveys are not common practice in Madeira, every buyer has the right to request one before finalizing their purchase. A professional survey can provide a detailed assessment of the property’s condition, ensuring there are no hidden surprises.

Why Consider a Home Survey in Madeira?

Although home surveys are not mandatory, they can be extremely beneficial, particularly for older properties. Here are a few reasons why a survey may be worth considering:

• Structural Integrity: Traditional Madeiran homes may have hidden issues such as dampness, roof defects, or foundation concerns. A survey can reveal potential problems that could be costly to fix.
• Renovation Considerations: If you plan to make changes to the property, a surveyor can highlight any limitations or areas that may require extra work.
• Legal and Compliance Checks: Some properties may have unregistered extensions or zoning issues. A survey can help identify these before purchase.
• Negotiation Power: If the survey reveals any defects, you may be able to renegotiate the price or request necessary repairs before closing the deal.

What About New Builds?

For those purchasing newly built properties, it’s important to note that these homes must have a license from the Town Hall (Câmara Municipal), meaning they have already undergone inspections to ensure compliance with local regulations. Additionally, all new builds in Madeira come with a five-year structural guarantee, offering buyers added peace of mind regarding potential defects.

Final Thoughts

Although not a common practice in Madeira, a home survey can be a useful tool, especially when buying an older property. Whether you’re looking for a holiday home or a permanent residence, taking the extra step to assess the property’s condition can help safeguard your investment.

#MadeiraRealEstate #PropertyInvestment #HomeSurvey #BuyersGuide #MadeiraLiving #HouseHunting