Madeira Property Prices, Rents & Rental Yields

About Madeira

Madeira Island pairs Atlantic coastlines with steep volcanic terrain and towns connected by winding mountain roads. For apartment investors, its geography is part of the location story: coastal settings and higher inland areas can be close together while offering very different surroundings.

In October 2026, the clearest signal for Madeira Island apartments is a split between two sale-price measures. The average sale price is €450,000, down 1.1% from the previous month, while the average price per square metre is up 1.1% over the same period. A lower overall average and a higher area-based average can coexist; neither measure alone explains why they diverged. The monthly figures are therefore better read as a prompt for closer comparison than as evidence that every apartment moved in the same direction.

For an investor, the distinction matters when weighing a total purchase price against the space it buys. The reported yield is 4.65%, providing a separate income reference alongside the sale-price measures. It does not establish the net return on a particular apartment: the purchase price, achievable rent and property-specific costs would still shape that result. Comparing both price measures with the details of an individual property is more useful than treating either average as a complete valuation.

This snapshot leaves the reason for the price split open. It supports a careful, property-by-property reading of Madeira Island rather than a broad claim that apartment prices uniformly rose or fell.