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

The median asking price for commercial spaces in Funchal is 20 €/m² per month. Measured across 57 on-market listings.

Median price per m²
20 €/m²/mo
Middle half: 12 to 25
Typical asking price
1.500 €/mo
100 m²
Listings measured
57

How prices are spread

Hover a bar to see how many listings sit in that price range.
42047
Below the medianAbove the medianMiddle half: 12 to 25
Distribution of asking prices per square metre across 57 listings, from 4 to 47 €/m² per month, with a median of 20.

The commercial space market in Funchal

Commercial spaces in Funchal are currently asking a median of 20 €/m² per month. Half of them are listed between 12 €/m² per month and 25 €/m² per month. A typical listing asks 1.500 €/month for 100 m².

Put in context, that is 67% above the R. A. Madeira district median and 100% above the national median for commercial spaces.

Funchal is not one market. Across its 3 measurable parishes, the most expensive is Funchal (Sé) at 27 €/m² per month and the cheapest is Santo António at 14 €/m² per month. Picking the right parish matters more here than timing the market.

Price by parish

Area€/m² per monthListings
Funchal (Sé)2714
São Martinho2514
Santo António1412

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.

11 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 20 €/m² per month, across 57 on-market listings. Half of all listings fall between 12 €/m² per month and 25 €/m² per month.
How much does a commercial space cost in Funchal?
The median asking price is 1.500 €/month for a typical 100 m². This is what sellers are asking today, not what buyers finally paid.
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.