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

The median asking price for apartments in R. A. Madeira is 4.750 €/m². Measured across 2.909 on-market listings.

Median price per m²
4.750 €/m²
Middle half: 3.782 to 6.159
Typical asking price
495.000 €
109 m²
Listings measured
2.909

How prices are spread

Hover a bar to see how many listings sit in that price range.
1.9724.75014.151
Below the medianAbove the medianMiddle half: 3.782 to 6.159
Distribution of asking prices per square metre across 2.909 listings, from 1.972 to 14.151 €/m², with a median of 4.750.

The apartment market in R. A. Madeira

Apartments in R. A. Madeira are currently asking a median of 4.750 €/m². Half of them are listed between 3.782 €/m² and 6.159 €/m². A typical listing asks 495.000 € for 109 m².

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

R. A. Madeira is not one market. Across its 10 measurable municipalities, the most expensive is Calheta (Madeira) at 5.849 €/m² and the cheapest is Câmara de Lobos at 4.093 €/m². Picking the right municipality matters more here than timing the market.

Price by municipality

Area€/m²Listings
Calheta (Madeira)5.849108
Ponta do Sol5.70553
São Vicente5.23922
Funchal5.1701.538
Ribeira Brava5.06565
Porto Santo4.92410
Machico4.578111
Porto Moniz4.150257
Santa Cruz4.128351
Câmara de Lobos4.093392

Price by typology

TypologyMedian price (€)€/m²
T0365.0005.823
T1407.5005.519
T2490.0004.612
T3610.0004.140
T4995.0004.265
null500.0004.572

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 4.750 €/m².

Gross: before costs, taxes and vacancy.

619 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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Frequently asked questions

What is the price per m² for apartments in R. A. Madeira?
The median asking price is 4.750 €/m², across 2.909 on-market listings. Half of all listings fall between 3.782 €/m² and 6.159 €/m².
How much does a apartment cost in R. A. Madeira?
The median asking price is 495.000 € for a typical 109 m². This is what sellers are asking today, not what buyers finally paid.
Which areas of R. A. Madeira are cheapest?
Across the 10 measurable municipalities in R. A. Madeira, the cheapest per m² is Câmara de Lobos at 4.093 €/m² and the most expensive is Calheta (Madeira) at 5.849 €/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: 365.000 €, T1: 407.500 €, T2: 490.000 €, T3: 610.000 €, T4: 995.000 €, null: 500.000 €. 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 4.750 €/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.

Apartments in R. A. Madeira: prices and €/m² | explorador