Madeira Records Portugal's Biggest Drop in Home Sales
Home sales in Madeira fell 17.9% in the second quarter of 2026, the steepest drop in Portugal, while prices rose 18.3%.
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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Caniçal Port Receives 27 Million Euro Investment for Expansion
The Commercial Port of Caniçal will receive 27 million euros to expand its facilities, including landfill extension and new cranes, to double cargo handling capacity.
New EU Packaging Rules May Impact Consumer Prices in Madeira
New European packaging regulations set to take effect could affect prices as businesses adapt to stricter waste and recycling rules.
Encumeada Road Closed for 2 Years: JPP Seeks Answers
JPP demands explanations from Madeira's Regional Government on the Encumeada road closure since 2024, affecting economy and safety.
Madeira Records 102 More Deaths Than Births in August
Madeira recorded more deaths than births in August 2026, with births declining at a sharper rate than mortality.
Over Half of Portuguese Consumers Lost Purchasing Power in Last Year
Over half of Portuguese consumers lost purchasing power last year. Only 13% saw any increase as cost of living pressures change shopping habits nationwide.
Porto do Funchal Named World's Best Cruise Terminal for Sustainability
Porto do Funchal shows sustainability excellence by winning World Cruise Award for 2026.
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
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'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 saw housing prices fall 8.3% in 2025, standing out from most Portuguese regions, where property values continued to rise despite fewer transactions nationwide.
