9 new residential projects in Funchal

Housing price trends in Funchal

According to Idealista, the average asking price for housing in Funchal in July 2026 is 4 036 €/m². The figure covers the whole housing market, including resale homes.

Over the past 12 months, the price per square metre has increased by 8,2%; over five years, it has increased by 99,2%. The average annual rate over this period is 14,8%.

Housing in Funchal is currently 6,6% higher on average than in the district of Madeira (Ilha), where the price is 3 787 €/m².

Compared with the region of Região Autónoma da Madeira, the difference is 6,5%: housing here is higher.

If the average rate of the past five years continues, the estimated price per square metre in Funchal will be about 4 632 €/m² in one year and 5 317 €/m² in two years. That corresponds to changes of 14,8% and 31,7% from the current level.