Housing Appraisal in Madeira Records Significant Annual Increase
The median bank valuation of housing in Madeira reached €2,598 per square meter in July 2026, indicating a notable annual increase of 16.3%.
The housing market in Madeira has experienced a significant shift, with the median bank valuation reaching €2,598 per square meter in July 2026. This figure represents a slight decrease of 0.4% from the previous month but marks a substantial annual rise of 16.3%, translating to an absolute increase of €364 per square meter compared to July 2025.
The data, released by the National Institute of Statistics and the Regional Directorate of Statistics of Madeira, highlights the dynamic nature of Madeira's real estate market. Despite a minor monthly decline, the yearly growth underscores a robust demand for housing on the island, likely driven by its appeal as a tourist destination and the limited availability of land for development.
For residents and prospective buyers, these figures reflect broader economic trends impacting property values, including inflation and the desirability of Madeira as a living destination. The island's unique blend of natural beauty and cultural richness continues to attract both local and international investors.
Understanding these changes is crucial for stakeholders, including real estate agents, investors, and policy makers, who must navigate these trends to make informed decisions. For tourists, the rising property values highlight the island's growing appeal and the potential for increased investment in infrastructure and services.
Sources
Madeira Guide
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