Economy

Get the latest updates on Madeira’s economic landscape, covering key sectors like tourism, retail, real estate, and local industry. Follow news on business developments, investment initiatives, and policies shaping the island’s financial trends.
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Madeira Inflation Rises to 3.8% in September

Madeira Inflation Rises to 3.8% in September

Inflation in Madeira reached 3.8% in September 2026, driven by rising fuel prices and services costs.

Madeirans Need 72% of Income to Buy a T2 Apartment

Madeirans Need 72% of Income to Buy a T2 Apartment

Housing costs in Madeira require 72% of average couple's income to buy a T2 apartment, highest in Portugal.

Madeira Says TAP Sale Must Not Cut Island Air Links

Madeira Says TAP Sale Must Not Cut Island Air Links

Madeira's government says the sale of up to 49.9% of TAP to Lufthansa must not weaken the air links between the islands and the mainland.

Madeira Housing Prices Fall 8.3% in Late 2025 Despite National Rise

Madeira Housing Prices Fall 8.3% in Late 2025 Despite National Rise

Madeira saw housing prices fall 8.3% in 2025, standing out from most Portuguese regions, where property values continued to rise despite fewer transactions nationwide.

Rents in Portugal Fall for Third Month as Supply Increases

Rents in Portugal Fall for Third Month as Supply Increases

Prices for renting in Madeira increased 5.0% since December and 5.2% year-on-year.

Madeira Taxi Fare Cut Fails as Taximeters Reject Lower Rates

Madeira Taxi Fare Cut Fails as Taximeters Reject Lower Rates

Bummer! Madeira taxis failed to lower fares by adjusting taximeters, revealing a setup that does not allow price decreases.

Madeira Housing Values Rise 18.1% in One Year

Madeira Housing Values Rise 18.1% in One Year

In 2025, bank valuations for housing in Madeira increased 18.1% year-on-year.

Madeira Launches Venture Capital Fund to Support Local Companies

Madeira Launches Venture Capital Fund to Support Local Companies

Madeira is launching its first dedicated regional venture capital fund and reforming incubation centers to drive local startup financing and growth.

Inflation in Madeira Increases to 3.5% in 2025

Inflation in Madeira Increases to 3.5% in 2025

Inflation in Madeira in 2025 is estimated at 3.5%. It is higher than in 2024 and is expected to exceed the national rate by 1.2%.

ACIF Warns That Tourist Taxes Can Threaten Madeira’s Economy

ACIF Warns That Tourist Taxes Can Threaten Madeira’s Economy

The Madeiran Chamber of Commerce warns that tourist taxes risk to confuse visitors, make business harder and damage the islands economy in the long term.

São Vicente Launches New Tourist Tax in April

São Vicente Launches New Tourist Tax in April

São Vicente will introduce a tourist tax in April, leaving just one of Madeira’s 11 municipalities without a current or planned tax.