House prices in Funchal

Median price of real transactions (deeds), 2025 · Q4, across all property types — apartments and houses. Source: INE.

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Median3,100 €/m²▲ 1.3% vs. previous year
Apartments3,669 €/m²apartments only · ~330,210 € for 90 m²
vs. national average+49%Portugal: 2,076 €/m²
Price rank14 of 305 among municipalities
~90 m² home279,000 €median × 90 m² · all property types

Median values of real transactions (registered deeds), not asking prices — which on portals tend to be higher. The median combines apartments and houses: larger properties usually have a lower price per m², which can pull the figure below that of an equivalent new apartment.

In Funchal, the median sale price is 3,100 €/m², 49% above the national median (2,076 €/m²) — above the national average. Over the past year the value rose 1.3%, indicating stable market.

Median price trend (€/m²)

2,5983,1002024 Q12025 Q4

New vs resale in Funchal

Median €/m² by property condition · 2025 · Q4 · INE

3,555 €/m²new (newly built)
3,014 €/m²resale (existing)
+18%more than resale
New
3,555 €/m²
Resale
3,014 €/m²

How much foreigners pay in Funchal

Median €/m² by buyer fiscal domicile · 2025 · Q4 · INE

2,966 €/m²residents in Portugal
4,375 €/m²non-residents
+47.5%more than residents
Residents
2,966 €/m²
Non-residents
4,375 €/m²

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Source: Statistics Portugal (INE), local house price statistics. Median sale value over the last 12 months, 2025 · Q4.