House Prices Soar by 19% Over the Past Year
Rising demand is driving real estate prices in Madeira to new heights.
Real Estate
Madeira has seen crucial changes in the real estate market. Property prices and rentals went through the roof and many are finding it increasingly difficult to find housing. Stay ahead with the latest property & real estate news on Madeira Island.
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Madeira Leads Portugal in Real Estate Price Surge
With a 30% price explosion in Ponta do Sol over the past 12 months, Madeira claims the dubious title of Portugal's real estate market with the most dramatic price increase.
Funchal's Rental Rush: 20% of Listings Gone Within 24 Hours
Funchal's rental market is red hot, with affordable listings not staying online for more than 24 hours.
Portugal's Real Estate Prices Skyrocket 80% in 5 Years, Leading EU Market
Considering the time between 2019 and 2024 and according to Global Property Guide, Nowhere else in Europe have property prices risen as much as in Portugal.
Record: 43% Of Funchal-Apartments On Sale Come With A Swimming Pool
Funchal tops Portugal's list for apartments with pool access, and the price difference is surprisingly low.
House Sales In Portugal Hit Seven-Year Low
Portugal's housing market faces slump in sales, but prices remain high due to supply shortage.
Madeira's Real Estate Prices 71% Higher Than Buyer Demand
Real estate market imbalance in Madeira mirrors national trend, with asking prices far exceeding buyer demand.
Eric Clapton Buys €1.5 Million Villa in Madeira
79-year-old Eric Clapton purchased a traditional Madeiran quinta in Santa Maria Maior, Funchal, earlier this year.
House Rents Increased by 57% in Just One Year
A recent study highlights that rental prices for houses are increasing further and at a concerning pace.
Porto Moniz Emerges As A Nationwide Top Pick For Homebuyers
A study by Idealista identifies the remote town of Porto Moniz as a nationwide top pick for homebuyers seeking to live in rural communities.
Average House Price In Madeira Now €460,000
Calheta is holding the lead in house prices, while Santana might still have budget opportunities.
