12 new residential projects in Funchal
103 apartments in new builds - compare typologies, prices, areas, units, distances, developers and completion years.
Individual project
Project cluster
New-build prices in Funchal
In Funchal, according to our data as of 27.10.2026, 12 residential projects are under construction, with 103 apartments available. The average price per square metre in new builds in Funchal is €8 154. The most affordable project is The Hills, with T1 apartments from €390 000. The widest choice of apartments is in Uptown Lux, with 18 units available, with areas from 65 to 147 m².
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.
FunchalMadeira (Ilha)