Friday 28 de August de 2026 · Macaronesia
The Madeiran capital has already passed 3,000 euros per square metre in the centre, with holiday lets and demand from foreign buyers the main drivers of a sque…
Santana's traditional thatched houses are increasingly being converted into tourist accommodation rather than family homes.
Madeira's western tip still has house prices far below those of the capital, although interest is beginning to pick up.
Workers in secure jobs in Funchal reckon it would take them more than a decade to save up a deposit for a flat.
The popularity of walking routes alongside the irrigation channels is turning old farmhouses into rural guest accommodation.
The Zona Velha and the streets around central Funchal are seeing a sustained rise in foreign buyers seeking a second home or a base for remote work.
Hotels and restaurants in areas such as Caniço admit they are finding it ever harder to recruit staff because affordable housing is scarce.
The traditional fishing concelho is seeing a rise in property interest that worries some of its longest-standing residents.
The regional executive is examining rent support and social housing schemes to counter the rising cost of the residential market.
Much of Madeira's mountainous interior falls outside the market for building land because of its environmental protection.
The concelhos closest to the airport runway are seeing a marked rise in housing demand tied to improved air connections.