Exciting news for anyone thinking of going green on the road! With financial incentives of up to €6,000, Madeira is about to make electric vehicle ownership more accessible than ever.
Grupo Sousa suggests allowing larger ships to boost efficiency and reduce costs, while imposing a €5 fee for ferry trip changes to reduce no-shows.
In October 2024, Madeira’s housing bank valuations surpassed €2,000/m² for the first time, reflecting the highest growth in Portugal. The increase was mainly driven by rising apartment valuations and strong market activity.
Ribeira Brava has kicked off its annual Christmas campaign, featuring prizes and festive activities to support local merchants. Explore a variety of products and services offered by 13 participating local businesses, located in the heart of the village.
Despite the peak of the tourist season being over, Madeira is performing exceptionally well in the labor market this year.
Bitcoin recently hit another all-time high, just ahead of the Madeira Blockchain Conference, now in its third edition, to launch in Funchal. It brings together experts in blockchain, Web3, and Artificial Intelligence.
It’s been a remarkably long journey since LIDL, the German supermarket chain, initially unveiled its plans to establish stores in Madeira.
The market shows no signs of cooling, as a concerning real estate trend continues to impact society: limited housing supply, low interest rates, and high demand are likely to keep housing prices rising in 2025.
Free MB Way transfers of up to €30 per transaction are now guaranteed by law.
Funchal proposes limiting nightlife hours to address noise, facing backlash from business owners concerned about tourism and economic impact.
While the economy is still growing, several indicators show a decrease in economic activity and a worsening labor market.
