Madeira has the highest express rental rate in Portugal for homes priced under €750 per month. In the second quarter of this year, 43% of these rentals were completed in less than 24 hours - well above the national average of 13%.
In early 2025, Portugal recorded the highest property price growth in Europe. With a 16.3% annual increase, the government must act to avoid further harm to democracy and lower to average-income families.
According to the real estate website Imovirtual, rental and property prices in Madeira continue to rise, with average rental prices reaching €1,725, nearly twice the level of the Azores.
Monthly mortgage payments keep falling, despite total loan amounts increasing.
Madeira’s rustic homes represent a tiny slice of Portugal’s market, with few priced under €100,000.
Madeira plans to invest €143 million in housing in 2025 and create a task force to speed up construction and help tackle the shortage of affordable homes.
Funchal is now the fastest city in Portugal to rent a home. One in four homes is rented in less than 24 hours.
Until December 2026, the Government offers young people (up to 35) the chance to purchase their first home with 100% financing, eliminating the need for a downpayment and allowing everyone with a decent income to stop renting and purchase a home.
While foreign nationals constitute a small portion of Madeira’s population at 5.5% in 2023, they play a dominant role in the real estate sector, making up 50% of market demand today.
A bizarre tent listing in Funchal popped up on Booking.com. With prices around €𝟮𝟬𝟬 and no reservations allowed, the listing - which is still online - raises questions.
This T0 studio listed at a whopping €1,500 exemplifies the broader trend of escalating costs and reduced housing accessibility for many residents.
