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Madeira island · report

New homes in Madeira island

64.2% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
1,097
Per 1,000 residents
4.2

Homes licensed for construction in Madeira island

Dwellings in new buildings licensed over the previous 12 months, at each month.

  • Madeira island
  • Ten-year average
Show the numbers
PeriodMadeira island
Aug 20261,097
Jul 20261,078
Jun 20261,082
May 20261,103
Apr 2026982
Mar 2026913
Feb 20261,043
Jan 2026919
Dec 2025932
Nov 2025968
Oct 20251,122
Sep 20251,044
Aug 20251,313
Jul 20251,344
Jun 20251,298
May 20251,313
Apr 20251,265
Mar 20251,290
Feb 20251,119
Jan 20251,143
Dec 20241,098
Nov 20241,094
Oct 2024923
Sep 2024945
Aug 2024719
Jul 2024775
Jun 2024756
May 2024789
Apr 2024912
Mar 2024899
Feb 2024972
Jan 2024998
Dec 20231,096
Nov 20231,138
Oct 20231,145
Sep 20231,092
Aug 20231,079
Jul 2023959
Jun 2023948
May 2023910
Apr 2023756
Mar 2023720
Feb 2023714
Jan 2023696
Dec 2022624
Nov 2022866
Oct 2022929
Sep 2022904
Aug 2022909
Jul 2022918
Jun 2022906
May 2022883
Apr 2022929
Mar 2022924
Feb 2022883
Jan 2022868
Dec 2021827
Nov 2021626
Oct 2021536
Jul 2021519
Apr 2021502
Jan 2021504
Oct 2020455
Sep 2020454
Aug 2020458
Jul 2020457
Jun 2020441
May 2020424
Apr 2020398
Mar 2020467
Feb 2020471
Jan 2020362
Dec 2019351
Nov 2019353
Oct 2019332
Sep 2019345
Aug 2019336
Jul 2019344
Jun 2019331
May 2019347
Apr 2019347
Mar 2019279
Feb 2019277
Jan 2019330
Dec 2018310
Nov 2018386
Oct 2018394
Sep 2018266
Aug 2018377
Jul 2018340
Jun 2018275
May 2018412
Apr 2018440
Mar 2018338
Feb 2018447
Jan 2018370
Dec 2017296
Nov 2017329
Oct 2017281
Sep 2017261
Aug 2017265
Jul 2017252
Jun 2017226
May 2017213
Apr 2017160
Mar 2017165
Feb 2017193
Jan 2017192
Dec 2016170
Nov 2016193
Oct 2016197
Sep 2016171
Aug 2016177
Jul 2016190
Jun 2016178
May 2016149
Apr 2016153
Mar 2016134
Feb 2016108
Jan 2016116
Dec 2015115
Nov 2015125
Oct 2015134
Sep 2015133
Aug 2015121
Jul 2015121
Jun 2015139
May 2015130
Apr 2015131
Mar 2015142
Feb 2015129
Jan 2015139
Dec 2014136
Nov 2014107
Oct 2014113
Sep 2014110
Aug 2014113
Jul 2014130
Jun 201490
May 2014120
Apr 2014132
Mar 2014103
Feb 2014139
Jan 2014135
Dec 2013103
Nov 2013139
Oct 2013137
Sep 2013106
Aug 2013166
Jul 2013180
Jun 2013175
May 2013226
Apr 2013210
Mar 2013199
Feb 2013232
Jan 2013224
Dec 2012260
Nov 2012295
Oct 2012246
Sep 2012320
Aug 2012348
Jul 2012296
Jun 2012328
May 2012348
Apr 2012312
Mar 2012366
Feb 2012454
Jan 2012394
Dec 2011416
Nov 2011438
Oct 2011430
Sep 2011379
Aug 2011356

Homes finished and licensed each year in Madeira island

Homes completed in new buildings (columns) against homes licensed for construction (line), each year since 2011. INE.

  • Homes finished
  • Homes licensed
Show the numbers
YearHomes finishedHomes licensed
2025862932
20248891,110
20234281,094
2022578639
2021373827
2020406497
2019288361
2018171318
2017155349
2016144184
2015121111
2014169137
2013354124
2012354247
2011627438
Homes finished per 1,000 residents, 2025
3.3

Who built the homes finished in Madeira island

Who built the homes completed each year, as a share of that year. INE, since 2011.

  • Cooperatives and others
  • Public bodies
  • Private individuals
  • Companies
Show the numbers
YearCompaniesPrivate individualsPublic bodiesCooperatives and othersTotal
202572.2%27.8%0.0%0.0%862
202473.7%26.3%0.0%0.0%889
202333.2%58.6%0.2%7.9%428
202264.7%35.3%0.0%0.0%578
202147.5%52.5%0.0%0.0%373
202057.9%41.9%0.2%0.0%406
201935.8%61.1%0.7%2.4%288
201826.3%73.7%0.0%0.0%171
201737.4%61.9%0.6%0.0%155
201641.7%58.3%0.0%0.0%144
201513.2%86.0%0.8%0.0%121
201439.1%58.6%1.8%0.6%169
201346.3%53.7%0.0%0.0%354
201231.1%68.6%0.3%0.0%354
201145.5%48.6%4.0%1.9%627

Homes finished in Madeira island, by number of bedrooms

Homes completed in new buildings by number of bedrooms, as a share of each year. INE.

  • Four or more
  • Three bedrooms
  • Two bedrooms
  • Studio or one bedroom
Show the numbers
YearStudio or one bedroomTwo bedroomsThree bedroomsFour or moreTotal
202525.8%42.0%29.4%2.9%862
202424.2%42.3%31.0%2.5%889
202313.1%30.1%51.6%5.1%428
202210.7%39.1%47.1%3.1%578
202110.5%28.4%56.0%5.1%373
202015.8%39.4%42.1%2.7%406
201919.8%34.4%40.3%5.6%288
201810.5%33.3%52.0%4.1%171
201710.3%30.3%54.2%5.2%155
201611.1%29.9%50.0%9.0%144
20156.6%34.7%48.8%9.9%121
20145.3%32.0%54.4%8.3%169
201310.5%33.3%48.9%7.3%354
20124.8%29.9%55.9%9.3%354
201114.2%29.7%47.5%8.6%627

A licence is permission to build, not a finished home: most are completed one to three years later, and some never are. INE publishes licensing three months at a time, so four windows make a year.

Other reports for Madeira island

Next 12 months

Asking prices have an 80% chance of landing between €3,598/m² and €4,137/m² by September 2027.

Expected, September 2027
€3,867/m²
Chance of a rise
70%

Affordability

Figures for Portugal: Madeira island has no reliable figures of its own.

At the bank valuation, a 90 m² home costs €205,020. With 10% down and a 30-year mortgage, the payment is €778 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
31%
Payment, one income
63%

Buy or rent

Figures for Portugal: Madeira island has no reliable figures of its own.

Owning a 90 m² home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the median sale price. Repaying the loan is saving, so it is left out.

Rent per month
€878
Owning per month
€715

Foreign buyers

Figures for Portugal: Madeira island has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 33.5% more per m² than buyers living in Portugal.

Abroad against residents
+33.5%

Past cycles

Asking prices have fallen by 3% or more once since 2015. That fall began in August 2015.

Deepest fall
−7.2%
Recovery from the low
6 months

People and new homes

In 2025 the population grew by 1,063 while 862 homes were finished: 1.2 new residents for every new home.

New residents per new home, 2025
1.2
Population change, 2025
+1,063

Empty homes

13.5% of the 126,487 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
13.5%
Empty homes
17,110

Renovation

In 2025, 22% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
22%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €6.3M of housing works here in 2025, and €43.8M since 2012.

Signed in 2025
€6.3M
Per resident, 2025
€24

Data: INE, ECB and others · updated October 27, 2026

Asking prices and bank valuations are not sale prices. This is a description of public data, not financial advice.

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