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 124 on-market listings.

Median price per m²
20 €/m²/mo
Middle half: 11 to 27
Typical asking price
1.500 €/mo
100 m²
Listings measured
124

How prices are spread

Hover a bar to see how many listings sit in that price range.
42048
Below the medianAbove the medianMiddle half: 11 to 27
Distribution of asking prices per square metre across 124 listings, from 4 to 48 €/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 11 €/m² per month and 27 €/m² per month. A typical listing asks 1.500 €/month for 100 m².

Put in context, that is 25% above the R. A. Madeira district median and 100% above the national median for commercial spaces.

Funchal is not one market. Across its 5 measurable parishes, the most expensive is São Martinho at 22 €/m² per month and the cheapest is Funchal (Santa Luzia) at 15 €/m² per month. Picking the right parish matters more here than timing the market.

Price by parish

Area€/m² per monthListings
São Martinho2238
Funchal (Sé)2041
Santo António1813
Funchal (São Pedro)1614
Funchal (Santa Luzia)1510

Gross rental yield

7.2%

Median rent of 20 €/m² per month against a median sale price of 3.347 €/m².

Gross: before costs, taxes and vacancy.

18 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 124 on-market listings. Half of all listings fall between 11 €/m² per month and 27 €/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.
Which areas of Funchal are cheapest?
Across the 5 measurable parishes in Funchal, the cheapest per m² is Funchal (Santa Luzia) at 15 €/m² per month and the most expensive is São Martinho at 22 €/m² per month. 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 3.347 €/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 to rent in Funchal: prices | explorador