Base Salary in Madeira Rises 4,8%, Reaching €1,268
The average gross base salary in Madeira reaches €1,268. See how it compares with salaries across Portugal.
The average gross base salary in Madeira reaches €1,268. See how it compares with salaries across Portugal.
Madeira spends €12 million to build its fourth golf course in a protected area, despite a widespread decline in purchasing power, an existential housing crisis and limited road infrastructure.
Continente opened its 17th Madeiran store in São Vicente, investing €8 million. Watch the video of the official ceremony featuring regional and local leaders.
The recent Facebook survey got results that may come as a surprise. Here are some thoughts on why almost 2/3 want strict visitor quotas in Madeira.
In the first six months of 2025, Madeira wine experienced a drop in sales and revenue, as both local and international demand decreased from the same period in 2024.
In May 2025, Madeira’s tourism recorded 1.15 million overnight stays (up 7.8%), with Alojamento Local (AL) stays rising 19.3%.
In 2024, Madeira collected €1.32 billion in taxes, 9.2% more than in 2023. Higher company profits and consumer spending helped balance a drop in income tax caused by tax cuts.
Monthly mortgage payments keep falling, despite total loan amounts increasing.
In April 2025, Madeira surpassed one million overnight stays and saw tourist revenue rise 22.2%, setting a new record.
Madeira’s strategic grain reserve, set up in 2022, has been extended to 2027. It stores 4,300 tonnes of wheat in Caniçal to protect the island’s bread supply. The €700,000-a-year initiative strengthens food security amid global uncertainty.
U.S. President Donald Trump recommended a 50% tariff on EU products starting in June, criticizing the EU’s trade policies as unfair.