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Society · Funchal · 18 September 2026

Funchal: City Council Invests 40 Million in 300 Homes by 2029

The Funchal City Council has announced an investment of 40 million euros for the construction of 300 homes by 2029.

The Funchal City Council plans to invest 40 million euros in the construction of 300 new homes by 2029. This ambitious project aims to address the growing need for affordable housing in Madeira's capital.

The plan includes creating housing solutions suitable for the diverse needs of the population, with the goal of increasing supply and facilitating access to homeownership. The initiative reflects a significant commitment by the municipality to social well-being and the sustainable urban development of the city.

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