O Portinho: New €100 Million Hotel in Santa Cruz
Blessing or curse? Madeira’s heavy dependence on tourism is set to further intensify with the announcement of the €100 million beachside hotel project “O Portinho” in Caniço.
Economy
Explore the economic pulse of Madeira. Get the latest news on key sectors like tourism, agriculture, and industry. Stay updated on business developments, investments, employment trends, and government policies shaping the island's financial landscape.
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Essential Grocery Prices Rise 27% Within 3 Years
Over the past three years, essential food prices have increased by 27%, far exceeding the overall inflation rate.
Madeira Home Prices Up 14.6% in 2025
According to Idealista, Madeira recorded a 14.6% increase in property prices over the past year, proving robust market activity and tight housing conditions.
Electric Car Subsidy Runs Out Within Hours on Opening Day
Today, Portugal’s electric car subsidy was exhausted within hours on launch day, as thousands rushed to secure limited public incentives.
Madeira’s Debt-to-GDP Ratio Now at 61.2%
Madeira’s debt burden has steadily declined since 2012, falling 19.8%, with the region’s debt-to-GDP ratio now at 61.2% - considerably below Portugal’s 97.6%.
Madeira Plans Study for Megayacht Marina
Madeira will study building a megayacht marina in 2026, aiming to further expand the tourism sector and serve luxury yacht travelers.
Continente Announces Food Price Increases in 2026
Continente announces food price increases for 2026, claiming inflation pressure and and tight retail margins in Portugal.
41% of T1 Apartments in Funchal Are Selling Within a Month
Funchal’s real estate market shows rapid sales for smaller apartments, with T1 and T2 units selling often within a month.
World Travel Awards: A Commercial Ecosystem Disguised as Prestige
Madeira is a regular top contender at the World Travel Awards. Often billed as the “Oscars of travel,” the awards operate largely as a self-sustaining marketing cycle and face serious accusations online.
Madeira’s Development Crisis: GDP Rises, Relative Income Falls
Stats don’t lie. Madeira's GDP has nearly doubled the Portuguese average, yet disposable income decreased - a development eroding society.
Why Trump is Targeting Venezuela
Trump’s moves against Maduro’s Venezuela aren’t about drugs - they’re a power play designed to gaining leverage over Russia and reshaping the global order.
