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Economy · Funchal · 1 October 2026

Madeira House Prices Rise 5.4% in September; Machico Leads with 24.5% Increase

The average house price in Madeira increased by 5.4% in September, with Machico recording the largest annual rise of 24.5%.

Madeira House Prices Rise 5.4% in September; Machico Leads with 24.5% Increase

The price of houses in the Autonomous Region of Madeira saw a 5.4% increase in September compared to the same month in 2025. The median price for purchasing a home in the region was 3,767 euros per square meter.

The municipality of Machico stood out with the most significant percentage increase, showing a 24.5% rise in housing prices. This surge surpassed increases in other major councils like Funchal and Santa Cruz, which experienced more modest gains.

Among the analyzed municipalities, and excluding Ribeira Brava which saw a 9.4% decrease, prices rose in all areas. Santana recorded the second-highest annual increase (16.2%), followed by Calheta (11.9%). Funchal and Santa Cruz showed increases of 5.3% and 4.4%, respectively.

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