For countless visitors, Madeira holds year-round appeal, largely thanks to its consistently warm weather and stunning views regardless of the season. Guests flock to the island for hiking, exploring its UNESCO World Heritage-listed Laurisilva Forest, and enjoying panoramic views from the towering mountain peaks. Meanwhile, the island’s rich cultural heritage, vibrant festivals, and world-renowned Madeira wine draw travellers looking for a blend of relaxation and adventure.

Beyond its allure as a destination, Madeira also serves as a convenient and scenic starting point for a variety of cruises. Whether you’re embarking on a short voyage to nearby destinations or setting off on a grand adventure across the Atlantic, departing from or finishing in Madeira adds a special charm to your journey. The island’s beauty sets the tone for what’s to come, making the beginning or end of your holiday extra memorable.

Encosta Cabo Girão: A slice of paradise

Encosta Cabo Girão, owned by the Holiday Property Bond (HPB), provides the ideal setting for your stay in this island paradise. This delightful, fully serviced private resort offers well-appointed holiday villas and apartments, perched atop one of Europe’s highest sea cliffs, just eight miles from the island’s capital, Funchal. Guests can enjoy the many amenities available, including a swimming pool, pool bar, restaurant, spa centre, and much more. After a day of exploration or relaxation, visitors can retreat to their comfortable holiday accommodation, complete with stunning sea views – perfect for watching the ships come in!

For those wanting to learn more about this beautiful location – and beyond – why not explore the world of the Holiday Property Bond? While it may not be a name you’re familiar with, HPB has over 40 years of experience helping people realise their holiday dreams. With a growing portfolio of properties across Europe and the UK, they have much to offer – perhaps more than you might expect.

A new way to holiday

With over 40,000 members – known as ‘Bondholders’ – HPB offers a fresh and exciting approach to holidays for you and your family. Their portfolio of more than 1,500 properties across over 30 stunning locations in the UK and Europe includes not only the dazzling Encosta Cabo Girão but also a fairytale turreted mansion in the Scottish Highlands,  breathtaking chalets in the Austrian Alps, and a beautiful Grade II -listed manor in Kent… and the best part? You get to choose your destinations, year after year, for life!

For those of us who enjoy variety and choice when planning our holidays, HPB presents a wonderful opportunity to experience more – more destinations, more adventures, and more memories.

How does it work?

Technically, the Holiday Property Bond is a life assurance policy. However, when you become a Bondholder, you’re buying into a lifetime of affordable holidays. All you need to pay is a not-for-profit user charge (around £372 per week for a studio, £569 for a two-bedroom unit, with larger properties available) to cover the property management costs, such as cleaning, electricity, and maintenance. This ensures that the properties are kept in excellent condition for you, your family, and future generations (the Bond is transferable).

The minimum payment required to join is £5,000. Your money is invested in a fund consisting of holiday properties and securities. This HPB fund has an initial charge of 25% and the fund itself pays annual charges of around 2.5% of its net assets at cost, calculated monthly, as well as overheads. Your return comes purely in the form of holidays. Like any investment, your capital is at risk, and while you can surrender your Bondholding after two years (subject to deferral in exceptional circumstances), you’ll receive less than your initial investment due to charges and fluctuations in the value of the properties and securities.

Many Bondholders choose to top up their investment after the initial £5,000 commitment to increase their holiday entitlement. The average investment in 2024 was £14,000. However, regardless of how much you commit, the quarterly administration fee remains under £38, which equates to about £150 per year, linked to the Retail Price Index (RPIX). Any increase in fees is limited to fluctuations in the RPIX.

HPB’s money-back promise

HPB offers a money-back promise. If you take your first holiday within three years and are not completely satisfied, you can apply to cash in your Bond. As long as you do so within 14 days of returning and at least one of the investors was on the holiday, you’ll receive a full refund of your initial payment.

But truly, why would you want to? By becoming a Bondholder, you’ve unlocked a lifetime of holiday freedom! With access to luxurious properties in incredible locations, it’s hard to imagine a better way to spend your holidays.

A lifetime of memories awaits

Of course, joining the Holiday Property Bond isn’t just about the holidays themselves – it’s about creating lasting memories with loved ones in some of the most beautiful and diverse locations across Europe and the UK. Whether you're relaxing in a cosy cottage in the Cotswolds, exploring the rugged beauty of the Scottish Highlands, or soaking up the sun in Madeira, every moment is an opportunity to unwind, explore, and discover something new.

For those who love the idea of combining adventure with comfort, HPB offers the perfect solution. Why limit yourself to just one destination when you can have access to so many, year after year? With no two holidays the same, the opportunities are endless.

To find out more about the Holiday Property Bond or to make an appointment to visit one of their sites, click here.

Exclusive holidays for life: An initial payment from £5,000 and a quarterly fee of under £38 (that is around £150 a year), which can increase in line with but not exceed the Retail Price Index Excluding Mortgage Interest (RPIX), gives you access to all HPB’s holiday homes. For each HPB holiday, you will pay a no-profit user charge covering only property running and maintenance costs and use of on-site facilities. The average charge is the same throughout the year, and for a studio is around £372 a week and £569 for a two bedroom property. Larger properties are also available. After an initial charge of 25% your money is invested in a fund of holiday properties and securities. The fund itself meets annual charges of 2.5% of its net assets at cost, calculated monthly. Your investment return is purely in the form of holidays and, as with most investments, your capital is at risk. You can surrender your investment to the company after two years or more (subject to deferral in exceptional circumstances) but you will get back less than you invested because of the charges referred to above, as well as other overheads and changes in the value of the fund’s properties and securities.

This advertisement is issued by HPB Management Limited (HPBM), the main UK agent and the property manager for HPB, authorised and regulated by the Financial Conduct Authority, registered at HPB House, Newmarket, Suffolk, CB8 8EH. HPB is available exclusively through HPBM. HPB is issued by HPB Assurance Limited (HPBA) registered in the Isle of Man and authorised by the Financial Services Authority there. HPBM promotes only HPB and is not independent of HPBA. Holders of policies issued by HPBA will not be protected by the Financial Services Compensation Scheme if the company becomes unable to meet its liabilities to them but Isle of Man compensation arrangements apply to new policies.