Funchal Real Estate Guide 2026
Overview
Major regional center with strong economic growth. Average prices: €4,316/m². 42% below Lisbon prices. 7.9% annual price growth.
Property Prices
- T0 tier — Average new build: €4,872/m²; Average resale: €3,364/m²
- T1 tier — Average new build: €4,410/m²; Average resale: €3,045/m²
- T2 tier — Average new build: €4,200/m²; Average resale: €2,900/m²
- T3 tier — Average new build: €3,780/m²; Average resale: €2,610/m²
Rental Yields
- T1 tier: 4.5%
- T2 tier: 4.0%
- T3 tier: 3.8%
Market Outlook
Annual price growth: 7.9% · Forecast: positive · up
Housing Stock
Area: Madeira · town · Investment category: standard · 48,000 apartments · 1,200 new units/year
Neighborhoods
- São Martinho — €4,372/m², 3.1%
- Sé — €5,504/m², 2.4%
- Santo António — €3,308/m², 4.9%
- Santa Maria Maior — €3,436/m², 1.7%
- Santa Luzia — €5,635/m², 2.1%
- Imaculado Coração Maria — €3,351/m², 1.3%
- São Roque — €4,031/m², 2.2%
- São Pedro — €3,534/m², 4.0%