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Economy · Funchal · 13 July 2026

Madeira Remains Among Portugal's Top 3 Most Expensive Property Markets Despite Slight Drop

Despite a 0.4% decrease in average sale prices in Q2 2026, Madeira continues to rank among the country's most expensive real estate markets.

Madeira Remains Among Portugal's Top 3 Most Expensive Property Markets Despite Slight Drop

Madeira remains among Portugal's priciest property markets for both sales and rentals, even with a slight dip in sale prices during the second quarter of 2026. According to the Doutor Finanças Real Estate Observatory, the average sale price in the region settled at 4,401 euros per square meter, a 0.4% decrease from the previous quarter.

Despite this reduction, the region maintains the third-highest value nationally, trailing only Lisbon and Faro. In the rental market, the trend was reversed, with the average rent increasing by 0.1% to 16.06 euros per square meter, the second-highest figure nationwide.

Funchal recorded the highest average sale price among Madeira's municipalities (4,906 euros/m²), while Santana had the lowest (2,170 euros/m²). The report concludes that, despite stabilization, Madeira demands significant financial effort from families for housing acquisition.

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