Until December 2026, the Government offers young people (up to 35) the chance to purchase their first home with 100% financing, eliminating the need for a downpayment and allowing everyone with a decent income to stop renting and purchase a home.
While foreign nationals constitute a small portion of Madeira’s population at 5.5% in 2023, they play a dominant role in the real estate sector, making up 50% of market demand today.
A bizarre tent listing in Funchal popped up on Booking.com. With prices around €𝟮𝟬𝟬 and no reservations allowed, the listing - which is still online - raises questions.
This T0 studio listed at a whopping €1,500 exemplifies the broader trend of escalating costs and reduced housing accessibility for many residents.
Forum Madeira was sold for €63.3 million, offering the new owners an anticipated annual net income of €6 million.
Average prices for short-term rentals in Funchal have reached 16.8 €/m². Demand for temporary housing in Portugal is now 65% higher than in 2019, with the availability increasing by 50% over the past 12 months.
Funchal is on track to close the gap and claim the infamous title of Portugal's most expensive city, with rental prices for houses rising nine times faster than in Lisbon.
With the stakes set at €10,000 per month, how much would you consider paying for a T4 located under the Via Rápida in Funchal?
A new two-room apartment for under €70,000? Modular housing promises just that, according to the leader of the Nova Direita party. Could this be the key to addressing Madeira’s housing crisis?
In order to protect locals from ever increasing real estate prices, Madeira is facing growing debate over whether it can ban property sales to non-residents. Here's why such measures are highly unlikely.
Miguel Albuquerque is against limiting foreign investment in Madeira’s housing market, believing it would negatively impact the economy. Instead, he supports expanding affordable housing through government projects and cooperative models to manage rising.
