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How much does it cost to buy a apartment in R. A. Madeira?

The median asking price for apartments in R. A. Madeira is 4.787 €/m². Measured across 3.224 on-market listings.

Median price per m²
4.787 €/m²
Middle half: 3.823 to 6.112
Typical asking price
485.000 €
106 m²
Listings measured
3.224

How prices are spread

Hover a bar to see how many listings sit in that price range.
2.1264.78714.000
Below the medianAbove the medianMiddle half: 3.823 to 6.112
Distribution of asking prices per square metre across 3.224 listings, from 2.126 to 14.000 €/m², with a median of 4.787.

The apartment market in R. A. Madeira

Apartments in R. A. Madeira are currently asking a median of 4.787 €/m². Half of them are listed between 3.823 €/m² and 6.112 €/m². A typical listing asks 485.000 € for 106 m².

Put in context, and 20% above the national median for apartments.

R. A. Madeira is not one market. Across its 8 measurable municipalities, the most expensive is Calheta (Madeira) at 5.975 €/m² and the cheapest is Porto Moniz at 3.892 €/m². Picking the right municipality matters more here than timing the market.

Price by municipality

Area€/m²Listings
Calheta (Madeira)5.975152
Ponta do Sol5.70563
Funchal5.2681.529
Ribeira Brava5.06587
Machico4.949137
Santa Cruz4.255449
Câmara de Lobos4.194478
Porto Moniz3.892317

Price by typology

TypologyMedian price (€)€/m²
T0395.0005.969
T1410.0005.429
T2485.0004.545
T2+1850.0005.261
T3605.0004.130
T4995.0004.310
null485.0004.591

Smaller homes cost more per m². A T1 above a T3 on €/m² is normal, so compare the price column when you are choosing a size, and the €/m² column when you are comparing areas.

Gross rental yield

4.3%

Median rent of 17 €/m² per month against a median sale price of 4.787 €/m².

Gross: before costs, taxes and vacancy.

593 properties in R. A. Madeira are listed below their comparables

That is how many on-market listings here are asking less per m² than the nearest similar properties. Tell us what you are looking for and we will show you which ones, and alert you the moment a new one appears.

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See the 593 below market

Frequently asked questions

What is the price per m² for apartments in R. A. Madeira?
The median asking price is 4.787 €/m², across 3.224 on-market listings. Half of all listings fall between 3.823 €/m² and 6.112 €/m².
How much does a apartment cost in R. A. Madeira?
The median asking price is 485.000 € for a typical 106 m². This is what sellers are asking today, not what buyers finally paid.
Which areas of R. A. Madeira are cheapest?
Across the 8 measurable municipalities in R. A. Madeira, the cheapest per m² is Porto Moniz at 3.892 €/m² and the most expensive is Calheta (Madeira) at 5.975 €/m². The full ranking is in the table above.
How much does a T2 or T3 cost in R. A. Madeira?
Median asking price by typology: T0: 395.000 €, T1: 410.000 €, T2: 485.000 €, T2+1: 850.000 €, T3: 605.000 €, T4: 995.000 €, null: 485.000 €. Smaller homes cost more per m², so use these prices to compare sizes and the price per m² to compare areas.
What is the rental yield in R. A. Madeira?
The gross yield for apartments in R. A. Madeira is about 4.3%. That is a median rent of 17 €/m² per month against a median sale price of 4.787 €/m². Gross means before costs, taxes and vacancy.

Other property types here

Asking prices across every major Portuguese property portal, each property counted once. Updated daily.

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