Funchal Property Prices, Rents & Rental Yields
Data updated monthly.Last update:August 3, 2026
Madeira
Confidence
High
Funchal market overview: score, prices and rental yields
Market Score
83Good
83 / 100
Investability
84Price momentum
43Rental demand
57Sales demand
61Median asking price
€550,000
| 1M | +0.9% |
| 1Y | +13.4% |
| Month | Median asking price |
|---|---|
| September 2025 | €495,000 |
| October 2025 | €506,000 |
| November 2025 | €495,000 |
| December 2025 | €490,000 |
| January 2026 | €485,000 |
| February 2026 | €522,000 |
| March 2026 | €550,000 |
| April 2026 | €543,330 |
| May 2026 | €536,670 |
| June 2026 | €530,000 |
| July 2026 | €545,000 |
| August 2026 | €550,000 |
Median monthly rent
€1,800
| 1M | +2.9% |
| 1Y | 0% |
| Month | Median monthly rent |
|---|---|
| September 2025 | €1,700 |
| October 2025 | €1,800 |
| November 2025 | €1,800 |
| December 2025 | €1,800 |
| January 2026 | €1,680 |
| February 2026 | €1,750 |
| March 2026 | €1,700 |
| April 2026 | €1,700 |
| May 2026 | €1,700 |
| June 2026 | €1,700 |
| July 2026 | €1,750 |
| August 2026 | €1,800 |
Gross Rental Yield
4.39%
| 1M | +3.1% |
| 1Y | -8.1% |
| Month | Gross Rental Yield |
|---|---|
| September 2025 | 4.77% |
| October 2025 | 4.75% |
| November 2025 | 4.82% |
| December 2025 | 4.61% |
| January 2026 | 4.53% |
| February 2026 | 4.53% |
| March 2026 | 4.32% |
| April 2026 | 4.28% |
| May 2026 | 4.24% |
| June 2026 | 4.2% |
| July 2026 | 4.26% |
| August 2026 | 4.39% |
Median price per m²
€4,550
| 1M | +0.9% |
| 1Y | +8.2% |
| Month | Median price per m² |
|---|---|
| September 2025 | €4,160 |
| October 2025 | €4,250 |
| November 2025 | €4,090 |
| December 2025 | €4,190 |
| January 2026 | €4,250 |
| February 2026 | €4,390 |
| March 2026 | €4,370 |
| April 2026 | €4,380 |
| May 2026 | €4,400 |
| June 2026 | €4,420 |
| July 2026 | €4,500 |
| August 2026 | €4,550 |
Market Breakdown
Property listings (1,366 for sale)
Top submarket
Premium
0
Gross Rental Yield
- %
Median asking price
-
Median monthly rent
-
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| 1 bedroom | 4.39% |
| 2 bedroom | 4% |
| 3 bedroom | 4.23% |
| Category | Gross Rental Yield |
|---|---|
| 60-70 m² apartments | 5.14% |
| 80-90 m² apartments | 4.43% |
| 90-100 m² apartments | 5.04% |
| 110-120 m² apartments | 4.18% |
| 120-130 m² apartments | 3.87% |
| 130-140 m² apartments | 5.32% |
Median price per m²
| Category | Median price per m² |
|---|---|
| 1 bedroom | €5,130 |
| 2 bedroom | €4,580 |
| 3 bedroom | €4,340 |
| Category | Median price per m² |
|---|---|
| 60-70 m² apartments | 5220 |
| 80-90 m² apartments | 4940 |
| 90-100 m² apartments | 4490 |
| 110-120 m² apartments | 4740 |
| 120-130 m² apartments | 4440 |
| 130-140 m² apartments | 4170 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| 1 bedroom | 88 |
| 2 bedroom | 236 |
| 3 bedroom | 136 |
| Category | Number of listings for sale |
|---|---|
| 60-70 m² apartments | 35 |
| 80-90 m² apartments | 37 |
| 90-100 m² apartments | 36 |
| 110-120 m² apartments | 42 |
| 120-130 m² apartments | 58 |
| 130-140 m² apartments | 34 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| 1 bedroom | 52 |
| 2 bedroom | 81 |
| 3 bedroom | 33 |
| Category | Number of listings for rent |
|---|---|
| 60-70 m² apartments | 19 |
| 80-90 m² apartments | 14 |
| 90-100 m² apartments | 12 |
| 110-120 m² apartments | 19 |
| 120-130 m² apartments | 14 |
| 130-140 m² apartments | 8 |
Market Trends
Listings by property size
1 bedroom (22%)
2 bedroom (51%)
3 bedroom (27%)
| Category | Listings by property size |
|---|---|
| 1 bedroom (22%) | 140 listings (22%) |
| 2 bedroom (51%) | 317 listings (51%) |
| 3 bedroom (27%) | 169 listings (27%) |
Sales Activity Index
14-58%
| Month | Sales Activity Index |
|---|---|
| September 2025 | 24% |
| October 2025 | 26% |
| November 2025 | 29% |
| December 2025 | 26% |
| January 2026 | 16% |
| February 2026 | 58% |
| March 2026 | 33% |
| April 2026 | 31% |
| May 2026 | 30% |
| June 2026 | 29% |
| July 2026 | 14% |
| August 2026 | 20% |
Rent Activity Index
26-49%
| Month | Rent Activity Index |
|---|---|
| September 2025 | 49% |
| October 2025 | 40% |
| November 2025 | 36% |
| December 2025 | 40% |
| January 2026 | 33% |
| February 2026 | 40% |
| March 2026 | 35% |
| April 2026 | 36% |
| May 2026 | 37% |
| June 2026 | 38% |
| July 2026 | 26% |
| August 2026 | 41% |
Median asking price
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| September 2025 | €357.5k | €490k | €640k |
| October 2025 | €360k | €495k | €650k |
| November 2025 | €375k | €490k | €650k |
| December 2025 | €390k | €495k | €660k |
| January 2026 | €395k | €495k | €640k |
| February 2026 | €400k | €498.3k | €625k |
| March 2026 | €395k | €530k | €675k |
| April 2026 | €401.7k | €535k | €666.7k |
| May 2026 | €408.3k | €540k | €658.3k |
| June 2026 | €415k | €545k | €650k |
| July 2026 | €420k | €540k | €650k |
| August 2026 | €410k | €540k | €652.5k |
Median monthly rent
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| September 2025 | €1,450 | €1,900 | €2,150 |
| October 2025 | €1,400 | €1,980 | €2,500 |
| November 2025 | €1,600 | €1,800 | €2,500 |
| December 2025 | €1,500 | €1,800 | €2,350 |
| January 2026 | €1,430 | €1,800 | €2,500 |
| February 2026 | €1,400 | €1,900 | €2,500 |
| March 2026 | €1,350 | €1,800 | €2,200 |
| April 2026 | €1,370 | €1,800 | €2,130 |
| May 2026 | €1,380 | €1,800 | €2,070 |
| June 2026 | €1,400 | €1,800 | €2,000 |
| July 2026 | €1,400 | €1,890 | €2,200 |
| August 2026 | €1,500 | €1,800 | €2,300 |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| September 2025 | 20.55 | 21.49 | 24.81 |
| October 2025 | 21.43 | 20.89 | 21.67 |
| November 2025 | 19.53 | 22.69 | 21.67 |
| December 2025 | 21.67 | 22.92 | 23.4 |
| January 2026 | 23.1 | 22.92 | 21.33 |
| February 2026 | 23.81 | 21.91 | 20.83 |
| March 2026 | 24.38 | 24.54 | 25.57 |
| April 2026 | 24.49 | 24.77 | 26.07 |
| May 2026 | 24.6 | 25 | 26.58 |
| June 2026 | 24.7 | 25.23 | 27.08 |
| July 2026 | 25 | 23.81 | 24.62 |
| August 2026 | 22.78 | 25 | 23.64 |
Median price per m²
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| September 2025 | €4,260 | €4,220 | €3,960 |
| October 2025 | €4,190 | €4,270 | €4,010 |
| November 2025 | €4,390 | €4,080 | €4,010 |
| December 2025 | €5,130 | €4,160 | €4,100 |
| January 2026 | €5,130 | €4,190 | €4,030 |
| February 2026 | €4,820 | €4,330 | €4,060 |
| March 2026 | €4,730 | €4,420 | €4,250 |
| April 2026 | €4,810 | €4,470 | €4,270 |
| May 2026 | €4,890 | €4,530 | €4,300 |
| June 2026 | €4,970 | €4,580 | €4,330 |
| July 2026 | €5,000 | €4,580 | €4,220 |
| August 2026 | €5,130 | €4,580 | €4,340 |
Profitability Scenarios
* With a €150,000 investment
Lower-yield district
€4,050
Annual Rental Income
Higher-yield district
€7,455
Annual Rental Income
As of August 2026, gross rental yields in Funchal ranged from ~2.7% in the lowest-yielding districts to ~4.97% in the highest-yielding districts
Investment Insights by Districts
Premium
##
Gross Rental Yield
- %
Median asking price
-
Median monthly rent
-
Premium
##
Gross Rental Yield
- %
Median asking price
-
Median monthly rent
-
Premium
##
Gross Rental Yield
- %
Median asking price
-
Median monthly rent
-
Premium
##
Gross Rental Yield
- %
Median asking price
-
Median monthly rent
-
Premium
##
Gross Rental Yield
- %
Median asking price
-
Median monthly rent
-
Premium
##
Gross Rental Yield
- %
Median asking price
-
Median monthly rent
-
Premium
##
Gross Rental Yield
- %
Median asking price
-
Median monthly rent
-
Premium
##
Gross Rental Yield
- %
Median asking price
-
Median monthly rent
-
Premium
##
Gross Rental Yield
- %
Median asking price
-
Median monthly rent
-
Premium
##
Gross Rental Yield
- %
Median asking price
-
Median monthly rent
-
About Funchal
Funchal, the capital of Madeira Island, combines Atlantic scenery, hillside neighborhoods, and a well-established urban core. Its apartment market sits in one of Portugal’s most distinctive island cities, where views, access, and centrality often shape value.
Name | |||||
|---|---|---|---|---|---|
All | 4.39 % | 475 | 175 | €550,000 | €1,800 |
Studio | -- % | -- | -- | -- | -- |
1 Bedroom | 4.39 % | 88 | 52 | €410,000 | €1,500 |
2 Bedrooms | 4 % | 236 | 81 | €540,000 | €1,800 |
3 Bedrooms | 4.23 % | 136 | 33 | €652,500 | €2,300 |
4+ Bedrooms | -- % | -- | -- | -- | -- |
Summary and Key Takeaways
With a median rental yield of 4.39% and property prices starting at €410,000, Funchal
may become a good investment option for some investors.
Median property prices in Funchal are €550,000, while the median rent is €1,800. This means that a median property in Funchal will pay for itself in 25.5 years.
Detailed real estate yield breakdown:
A median 1-bedroom apartment: 4.39% yield, sale price €410,000, rent €1,500.
A median 2-bedroom apartment: 4.00% yield, sale price €540,000, rent €1,800.
A median 3-bedroom apartment: 4.23% yield, sale price €652,500, rent €2,300.
Where exactly to buy the property?
Funchal offers yields of up to 4.97% for a median apartment. Explore Funchal in more detail to find the most profitable neighborhoods.