Rental Prices in Madeira Climb to Record Levels
Madeira remains one of the most expensive places in Portugal to rent or buy a home, according to new data from the real estate platform Imovirtual. According to their statistics, In June 2025, the average monthly rent in Madeira rose by 8%, reaching €1,725 - the second-highest figure in the country. This sharp rise places Madeira well above the national average and nearly double the cost of renting in the Azores (€900, up 13%).
National Rent Levels Hold Steady, But Regional Differences Grow
Across Portugal, the average rent in June stayed at €1,300, unchanged from May. However, this is still 4% lower than it was in June 2024, when the average was €1,350. Despite this apparent national stability, Imovirtual points out that regional trends vary significantly.
Some areas, like Madeira and the Azores, are showing much faster changes than others. These shifts are creating growing differences between the most and least expensive parts of the country, both for locals and newcomers looking for housing.
The average property sale price in Portugal rose slightly to €419,000, showing a 1% increase from the previous month (€415,000) and a 20% increase compared to the same time last year (€350,000). Lisbon, Faro, and the islands remain among the regions with the highest price growth.
House Prices in Madeira Remain High Despite Small Decline
When it comes to buying property, Madeira also stands out. Despite a 5% decrease from the previous month, the average price for a houseon the island is still high at €550,000. This keeps Madeira among the most costly places in Portugal to buy property.
Portugal Sees Slow but Steady Rise in Property Values
On a national level, the average property sale price rose slightly in June to €419,000. That’s a 1% increase from May and a 20% rise compared to June 2024, when the average was €350,000. Lisbon, Faro, and the islands remain the regions with the highest property values.
Imovirtual, which publishes this data monthly, is one of Portugal’s largest property platforms. It receives over 6 million visits a month and features more than 300,000 property listings.
Source: Diário de Notícias da Madeira
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