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Economy · Funchal · 2 November 2026

Home prices in Madeira rise 4.2% in October

The median price of homes in Madeira rose 4.2% year on year, with Machico leading gains on the main island.

Home prices in the Autonomous Region of Madeira rose 4.2% in October compared with the same month of 2025, reaching a median of 3,779 euros per square metre, according to the idealista price index. Quarter on quarter, prices edged down 0.2%.

Among the municipalities of Madeira island, Machico recorded the largest annual increase at 22.1%, followed by Calheta (14.3%) and Santana (13.9%). Ribeira Brava (-11.7%) and Ponta do Sol (-5.7%) were the only areas to see declines. On Porto Santo island, prices rose 25% year on year.

Calheta remains the most expensive municipality, at 4,483 euros per square metre. The figures reflect asking prices in property listings, not actual transaction values.

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