FIRST AUCTIONS IN MADEIRA

• 2013-04-18

EuroEstates held the first auction of real estate on the island of Madeira, with bidding values ??from 10 to 130 000 euros, starting April 19, with properties from MillenniumBCP, on the 17h on Millenniumbcp Bank’s branch of Funchal Câmara Pestana. Followed by another auction, with properties from BPI, Montepio and Santander, which took place on Saturday, April 28 at 15h at the Hotel Melia Madeira Mare Resort & Spa and ending this cycle of auctions with properties from BES on 12 May at 15h and again at the Hotel Melia Madeira Mare Resort & Spa. It was a pioneering initiative in the region, which aimed to introduce to the market in Madeira the same excellent conditions for acquisitions that auctions provide on the Continent.