Madeira Becomes Second-Costliest Region in Portugal, Matching Porto at 15,5 Euros/m²
According to statiscis from Idealista, rental prices in Madeira rose moderately in 2025, placing the region among the most expensive in Portugal. By December, the median rent reached 15,5 euros/m², putting Madeira on par with the Porto district and making it the second-costliest region after Lisbon’s 19,6 euros/m². This milestone reflects a continued climb in rental demand on the island, even as national growth slowed to 0,9% for December.
Rental Prices in Portuguese Districts and Islands
See the chart below showing the annual increase in price per square meter across districts and islands.
Funchal Rents at 16,2 Euros/m² Show City Narrowing Gap with Porto
Within Madeira, Funchal has strengthened its position as a premium rental market. The city’s median rent reached 16,2 euros/m² in December 2025, after a 6% increase over the year. This brings Funchal closer to Porto’s 17,4 euros/m², signaling that the capital city is further catching up with mainland high-cost markets.
Rental Prices in Major Portuguese Cities
See the chart below showing the annual increase in price per square meter across Portuguese cities. Porto leads Funchal by 1,2 euros/m².
Madeira Sees Moderate 2,3% Annual Rent Increase
Across the regions, Madeira’s 2,3% annual rent increase was moderate compared with the Azores, where rents jumped 17,9%. However, it still exceeded the national average growth of 0,9%, highlighting the island’s resilience amid a slowing market. Other regions with modest rises included the Algarve at 5,6% and the Lisbon Metropolitan Area at 1,4%.
Idealista Index Shows True Market Prices, Reflecting Active Listings in Madeira
The reported figures come from Idealista’s rental index, which calculates the median of active listings per m². Outliers and inactive properties are excluded, claiming a realistic view of market rents for both apartments and single-family homes.
This methodology confirms that Madeira’s rental market is not only rising steadily but also approaching Porto in absolute terms, with Funchal further closing the gap with mainland urban centers.
Source: Idealista
Comments