How much does it cost to buy a house in Funchal?
The median asking price for houses in Funchal is 3.902 €/m². Measured across 831 on-market listings.
How prices are spread
The house market in Funchal
Houses in Funchal are currently asking a median of 3.902 €/m². Half of them are listed between 2.632 €/m² and 5.422 €/m². A typical listing asks 980.000 € for 273 m².
Put in context, that is 10% above the R. A. Madeira district median and 81% above the national median for houses.
Funchal is not one market. Across its 10 measurable parishes, the most expensive is São Gonçalo at 4.614 €/m² and the cheapest is Imaculado Coração de Maria at 2.983 €/m². Picking the right parish matters more here than timing the market.
Price by typology
| Typology | Median price (€) | Median area (m²) | €/m² | Listings |
|---|---|---|---|---|
| T0 | 1.250.000 | 302 | 4.073 | 29 |
| T2 | 495.000 | 130 | 3.734 | 121 |
| T3 | 1.023.750 | 252 | 4.217 | 382 |
| T4 | 1.230.000 | 339 | 3.492 | 167 |
| T5 | 1.250.000 | 410 | 3.500 | 49 |
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.
Price by parish
| Area | €/m² | Listings |
|---|---|---|
| São Gonçalo | 4.614 | 69 |
| Funchal (Santa Luzia) | 4.556 | 47 |
| São Martinho | 4.268 | 231 |
| Funchal (Sé) | 4.002 | 16 |
| Funchal (Santa Maria Maior) | 3.796 | 156 |
| São Roque | 3.758 | 39 |
| Monte | 3.636 | 67 |
| Funchal (São Pedro) | 3.217 | 64 |
| Santo António | 3.131 | 99 |
| Imaculado Coração de Maria | 2.983 | 42 |
166 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 houses in Funchal?
How much does a house cost in Funchal?
Which areas of Funchal are cheapest?
How much does a T2 or T3 cost in Funchal?
Other property types here
Asking prices across every major Portuguese property portal, each property counted once. Updated daily.