Funchal's Rental Rush: 20% of Listings Gone Within 24 Hours
Funchal's rental market is red hot, with affordable listings not staying online for more than 24 hours.
Funchal's rental market is red hot, with affordable listings not staying online for more than 24 hours.
Considering the time between 2019 and 2024 and according to Global Property Guide, Nowhere else in Europe have property prices risen as much as in Portugal.
Dreams Madeira Resort, a 5-star luxury haven in Caniçal, is set to open in October.
Madeira's Pico Alto hit a record-breaking 31.3ºC, triggering an Orange Heat Alert amidst a heatwave affecting the island.
Calheta authorities are working to fix water supply issues in Arco da Calheta, urging residents to conserve water.
Funchal tops Portugal's list for apartments with pool access, and the price difference is surprisingly low.
Madeira's traffic congestion is spiraling towards a critical level, with increased traffic and limited infrastructure posing challenges for residents and tourists.
Madeira Airport is about to install wind measurement radars to improve safety and review presumably outdated wind limits, costing 4.5 million euros.
Portugal's housing market faces slump in sales, but prices remain high due to supply shortage.
Be prepared for continued hot weather during the next days - a yellow warning has been issued by the IPMA.
Real estate market imbalance in Madeira mirrors national trend, with asking prices far exceeding buyer demand.