How much does it cost to buy a commercial space in Funchal?

The median asking price for commercial spaces in Funchal is 3.320 €/m². Measured across 147 on-market listings.

Median price per m²
3.320 €/m²
Middle half: 1.581 to 4.972
Typical asking price
595.000 €
167 m²
Listings measured
147

How prices are spread

Hover a bar to see how many listings sit in that price range.
4633.32012.778
Below the medianAbove the medianMiddle half: 1.581 to 4.972
Distribution of asking prices per square metre across 147 listings, from 463 to 12.778 €/m², with a median of 3.320.

The commercial space market in Funchal

Commercial spaces in Funchal are currently asking a median of 3.320 €/m². Half of them are listed between 1.581 €/m² and 4.972 €/m². A typical listing asks 595.000 € for 167 m².

Put in context, that is 32% above the R. A. Madeira district median and 135% above the national median for commercial spaces.

Funchal is not one market. Across its 4 measurable parishes, the most expensive is Funchal (Sé) at 4.545 €/m² and the cheapest is Funchal (Santa Luzia) at 2.524 €/m². Picking the right parish matters more here than timing the market.

Price by parish

Area€/m²Listings
Funchal (Sé)4.54533
São Martinho3.36251
Funchal (São Pedro)2.57514
Funchal (Santa Luzia)2.52414

Gross rental yield

7.2%

Median rent of 20 €/m² per month against a median sale price of 3.320 €/m².

Gross: before costs, taxes and vacancy.

29 properties in Funchal 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 commercial spaces in Funchal?
The median asking price is 3.320 €/m², across 147 on-market listings. Half of all listings fall between 1.581 €/m² and 4.972 €/m².
How much does a commercial space cost in Funchal?
The median asking price is 595.000 € for a typical 167 m². This is what sellers are asking today, not what buyers finally paid.
Which areas of Funchal are cheapest?
Across the 4 measurable parishes in Funchal, the cheapest per m² is Funchal (Santa Luzia) at 2.524 €/m² and the most expensive is Funchal (Sé) at 4.545 €/m². The full ranking is in the table above.
What is the rental yield in Funchal?
The gross yield for commercial spaces in Funchal is about 7.2%. That is a median rent of 20 €/m² per month against a median sale price of 3.320 €/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.

Commercial spaces in Funchal: prices and €/m² | explorador