2 new residential projects in Santa Cruz

Housing price trends in Santa Cruz

According to Idealista, the average asking price for housing in Santa Cruz in July 2026 is 3 094 €/m². The figure covers the whole housing market, including resale homes.

Over the past 12 months, the price per square metre has increased by 10,3%; over five years, it has increased by 137,5%. The average annual rate over this period is 18,9%.

Housing in Santa Cruz is currently 18,3% lower 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 18,3%: housing here is lower.

If the average rate of the past five years continues, the estimated price per square metre in Santa Cruz will be about 3 678 €/m² in one year and 4 373 €/m² in two years. That corresponds to changes of 18,9% and 41,3% from the current level.