Monday, November 9, 2026
Madeira Had No 24-Hour Rentals as Portugal's Rate Hit 7%

Madeira Had No 24-Hour Rentals as Portugal's Rate Hit 7%

Madeira and Funchal recorded zero express rentals in Q3 2026, even as 7% of rental ads nationwide vanished within 24 hours, idealista data shows.

Not a single rental listing in Madeira disappeared from the market within 24 hours in the third quarter of 2026. That is according to new data from idealista, the real estate marketplace.

Nationally, the picture was very different. About 7% of rental ads in Portugal vanished in under a day during the same period, idealista said.

Madeira and São Miguel See No Rentals Gone in a Day

Madeira was one of only four districts and islands, out of 18 analysed, with zero so-called "express rentals". The others were Beja, Guarda and the island of São Miguel.

idealista linked this to a mix of factors: weaker demand, less attractive locations, poor market positioning and mismatched prices.

One in 14 Rental Ads Nationwide Vanish Within 24 Hours

Across Portugal, roughly one in 14 rental listings disappeared before many interested tenants could even arrange a viewing. idealista said this rate held steady from the previous quarter.

idealista describes itself as southern Europe's property marketplace. Its data team, idealista/data, compiled the figures from the platform and other public and private sources.

Setúbal and Viana do Castelo Top Districts at 17%

At district level, Setúbal and Viana do Castelo had the fastest-moving rental markets. In both, 17% of listings were gone within 24 hours.

Castelo Branco followed at 13%, then Leiria at 12%. Évora and Vila Real both posted 11%, while Coimbra and Santarém both reached 10%. Braga stood at 9%.

Rental Ads Gone Within 24 Hours, by District (Q3 2026)
District / IslandShare
Setúbal
17%
Viana do Castelo
17%
Castelo Branco
13%
Leiria
12%
Évora
11%
Vila Real
11%
Coimbra
10%
Santarém
10%
Braga
9%
Aveiro
8%
Faro
8%
Viseu
7%
Lisboa
6%
Porto
5%
Beja
0%
Guarda
0%
Madeira
0%
São Miguel
0%

Lisbon's District Rate Stays Low at Just 6%

Lisbon had one of the lowest district rates in the country, at 6%. Porto was just behind, at 5%.

Aveiro and Faro also stayed below 10%, both at 8%. Viseu followed at 7%.

Viana do Castelo Leads Cities With 23% Turnover

Looking only at Portugal's largest cities, Viana do Castelo had the highest share of express rentals, at 23%. Leiria followed at 18%.

Vila Real reached 17%, Évora 13%, and Castelo Branco and Setúbal both 11%. Coimbra posted 10% and Braga 8%.

Rental Ads Gone Within 24 Hours, by City (Q3 2026)
CityShare
Viana do Castelo
23%
Leiria
18%
Vila Real
17%
Évora
13%
Castelo Branco
11%
Setúbal
11%
Coimbra
10%
Braga
8%
Aveiro
5%
Lisboa
4%
Porto
4%
Beja
0%
Funchal
0%
Ponta Delgada
0%

Funchal Ties With Beja and Ponta Delgada for Lowest Turnover

At city level, Funchal also recorded zero express rentals. Only Beja and Ponta Delgada matched that result.

By contrast, Lisbon and Porto each posted just 4%. Aveiro followed at 5%.

idealista's data comes from its own listings platform, combined with other public and private sources. The figures cover the third quarter of 2026, the Portuguese summer months.

Source: idealista.pt



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