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Properties in Madeira, Portugal, vary in many features and levels of comfort. Overseas clients have access to a wide choice of more than 922 options on our website Global Properties. Depending on the purpose of purchase, financial opportunities and personal preferences, you can easily find both new and secondary objects with the help of various filters, sorting, an interactive map and detailed descriptions. Ads of property in Portugal are up to date on the website. The cost is indicated in dollars, euro and other currencies. Contact information of the seller is provided on the page of each lot, which makes the process of preparing for the transaction more simple. Buyers can easily contact the developer or agency through private messages or by phone.
- Minimum cost of a property in Madeira: €39866.
- The most expensive unit: €10.9 million.
- Average price per m²: €2,630.
- Over the last year, the average price has increased by 15.96%.
- Minimum size: 21 m².
- Average size: 129 m².
- The largest property: 25,357 m² (offered with a plot of land).
When planning a move, foreigners can pay attention to the following locations:
- Funchal, the archipelago's capital and largest city, offers a well-developed infrastructure, plenty of restaurants, stores and cultural activities, making it an ideal location that combines urban comfort with natural scenery.
- Caleta is known for its beaches and tranquil atmosphere. Many modern apartment complexes and villas with ocean views can be found here.
- The charming fishing town of Câmara di Lobos is attractive for its authenticity and proximity to the capital.
- Ponta do Sol is renowned for its sunny days and beautiful sunsets, making it attractive to those seeking a warm climate.
- Masicu, one of the oldest towns in the archipelago, offers a rich history and beautiful beaches, ideal for families and those looking for a more measured lifestyle.
- Santa Cruz, located near the airport (16 km), has a good infrastructure and many amenities for living.
The program of obtaining a residence permit through the purchase of properties in Madeira for investment or living is temporarily suspended. However, foreign nationals can request residency through investment. One option is the D7 visa based on passive income (more than €820 per month) and the presence of property in the state. Investors can also invest in scientific research or projects related to art or cultural heritage.
Property in Madeira
The temperate climate, breathtaking scenery and rich culture attract tourists, expats and investors in residential units. The island has an extensive transportation network, including Cristiano Ronaldo International Airport and many bus routes, providing convenient connections to other European cities as well as the main local communities.
There are schools offering Portuguese and English language education and an excellent health care system with public and private medical facilities. A variety of stores and restaurants offering both local and international cuisine are available to residents and tourists.
When planning to purchase property in the country, overseas buyers can consider the following types:
- Modern flats in multi-story buildings, often with balconies or terraces. They are typically located in the centre of cities or on the coast.
- Villas, townhouses and cottages of various styles and sizes are available in both urban and rural areas.
- Plots of land. They are available for building your own home from scratch or for developing commercial projects.
- Commercial premises. Stores, offices, restaurants and other units are available for investment or business activities.
- Hotels and resort complexes. There is an opportunity to buy a ready-made hospitality business for those interested in the tourism industry.
Houses and apartments in Portugal provide comfortable living and are usually complemented by a wide range of amenities. They usually include a spacious living room with access to a terrace, a fully equipped kitchen, cosy bedrooms and stylish bathrooms. Residential complexes often have swimming pools, gardens, parking lots, and air conditioning. Modern properties may have security systems, fitness centres, spas, playgrounds and green areas for relaxing and strolling.
Reasons for investment in property in Madeira
Investment real estate in Madeira has many advantages that make this region attractive to foreigners. The main reasons to buy a home in the locality are as follows:
- Due to its popularity among tourists, owners of local apartments and houses can earn high income from short and long-term rentals, especially during peak seasons. The average rental property prices in Madeira are €1,526 per month, and continue to rise. This figure has increased by 7.69% over the last year. The possible yield can reach 6.45% with the right choice of unit.
- In recent years, there has been a steady increase in the prices of objects. Last year, residential properties in Calheta, Ribeira Brava and Funchal increased in price by 19.29%, 18.25% and 16.14% respectively, exceeding the overall increase in property values of 15.96%.
Buying real estate in Madeira
The portal Global Properties offers a wide range of apartments and villas in Portugal. The intuitive interface of the website allows you to easily set search criteria, including prices for real estate for sale in Madeira, area of objects, number of bedrooms and bathrooms, and location. The function of filtering ads by key parameters helps you to find accommodation that perfectly suits your requirements. The list of offers is regularly updated and undergoes both automatic and manual verification, which ensures the relevance of the information.