Madeira's Real Estate Appeal: Santana and Porto Moniz Among Portugal's Top 50
Discover why Santana and Porto Moniz have become two of the 50 most sought-after municipalities for homebuyers in Portugal, with median prices revealing a growing trend in Madeira's real estate market.
Madeira's appeal as a residential destination continues to rise, with two of its municipalities, Santana and Porto Moniz, making it to the list of the 50 most sought-after places to buy a home in Portugal. This is according to data from the second quarter of 2026 released by the real estate platform Idealista.
Santana, known for its traditional 'palheiros' houses and rich cultural heritage, ranks 28th with a median house price of €312,445. Meanwhile, Porto Moniz, famous for its natural swimming pools and stunning coastal views, holds the 50th position with a median price of €216,188.
The study highlights a broader trend within Portugal, where 60% of the top 50 municipalities have median home prices below €300,000. This shift indicates a more widespread demand for housing beyond the major urban centers, offering more affordable yet attractive options for potential buyers.
For locals and tourists alike, Madeira's real estate market offers a unique blend of natural beauty, cultural richness, and investment potential. Santana and Porto Moniz stand out not only for their scenic landscapes but also for their strategic appeal to homebuyers seeking a balance between lifestyle and value.
As Madeira continues to attract interest from homebuyers across Portugal and beyond, these findings underscore the island’s growing reputation as a desirable place to live, whether for retirement, holiday homes, or permanent residence.
Sources
Madeira Guide
Author