How much does it cost to buy a house in Funchal?
The median asking price for houses in Funchal is 4.121 €/m². Measured across 767 on-market listings.
How prices are spread
The house market in Funchal
Houses in Funchal are currently asking a median of 4.121 €/m². Half of them are listed between 2.770 €/m² and 5.417 €/m². A typical listing asks 1.150.000 € for 280 m².
Put in context, that is 14% above the R. A. Madeira district median and 100% above the national median for houses.
Funchal is not one market. Across its 10 measurable parishes, the most expensive is São Gonçalo at 5.078 €/m² and the cheapest is Funchal (São Pedro) at 3.000 €/m². Picking the right parish matters more here than timing the market.
Price by typology
| Typology | Median price (€) | Median area (m²) | €/m² | Listings |
|---|---|---|---|---|
| T2 | 490.000 | 116 | 3.600 | 65 |
| T3 | 1.150.000 | 256 | 4.268 | 391 |
| T4 | 1.350.000 | 317 | 4.223 | 143 |
| T5 | 1.250.000 | 497 | 3.134 | 46 |
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 | 5.078 | 73 |
| São Roque | 4.688 | 33 |
| Funchal (Sé) | 4.681 | 14 |
| Funchal (Santa Luzia) | 4.556 | 39 |
| Funchal (Santa Maria Maior) | 4.375 | 93 |
| São Martinho | 4.137 | 295 |
| Monte | 4.118 | 54 |
| Imaculado Coração de Maria | 3.306 | 51 |
| Santo António | 3.159 | 82 |
| Funchal (São Pedro) | 3.000 | 33 |
164 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.
Set up my searchFree. Takes about 2 minutes.
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.