The restored Quinta do Serrado was officially inaugurated in Câmara de Lobos, with the ceremony attended by Madeira’s President, Miguel Albuquerque, the Mayor of Câmara de Lobos and dozens of invited guests. During the event, owner Ireneusz Migas, who first visited Madeira as a tourist around ten years ago, recalled…
Posts published in “Economy”
Madeira’s President, Miguel Albuquerque, has suggested that taller residential developments in parts of Funchal could help address the Region’s ongoing housing shortage, arguing that a lack of available land remains the greatest obstacle to increasing the housing supply. Speaking at the entrance to the Auditorium of the Rectory of the…
Madeira is the most expensive region in Portugal for homeowners looking to swap an apartment for a house, according to the latest figures from property portal Imovirtual. The analysis compares average asking prices recorded over the past three months with those from the same period last year. It found that,…
Almost a quarter of the Portuguese population (24%) admit to feeling bad about themselves or their lifestyles due to content they see on social media, according to a study released by Intrum, which highlights the subsequent impacts on health and personal finances. The data feature in the European Consumer Payment…
The PS-Madeira is demanding that the Regional Government make public the technical grounds that led to the calculation of the new tender value for the third phase of the Central and University Hospital of Madeira, which, according to the Executive, will have a base price of €415 million. The third…
Chinese company Nanchang Fireworks Industries Co., Ltd. has won the Atlantic Trophy, awarded by the jury at the 2026 Madeira International Fireworks Display Competition (CIFAM), while Ukrainian company Dance of Fire claimed the public’s ‘Madeira TĂŁo Tua Trophy.’ The competition forms part of the Atlantic Festival, organised by the Regional…
2500 Volta systems (https://volta.com.pt/en/) have been distributed in Portugal mainland, the Azores and Madeira. On Madeira, most of them will be found in the supermarkets. Clients can drop empty plastic bottles (water, juices etc.) and aluminium cans with a maximum of 3l – important, not crushed, without liquids, and with…
The foreign population living in Madeira continued to grow in 2025, reaching a record 19,371 residents and accounting for 7.3% of the Region’s total population. Figures released on Wednesday by the Regional Directorate of Statistics of Madeira (DREM) show that the number of foreign residents has more than doubled over…
Joint Inspection Targets Cannabis Stores Across Madeira The Regional Authority for Economic Activities (ARAE) and the Judiciary Police (PJ) launched a coordinated inspection operation this morning targeting shops selling cannabis-derived products and “smart shop” items across Madeira. The operation, which began earlier today, centres on a widespread investigation into 11…
Élvio Sousa, Secretary-General of the Juntos pelo Povo (JPP) party, has accused the Minister of Infrastructure, Miguel Pinto Luz, of suppressing the economic and financial study regarding the maritime ferry link for passengers and goods between the Autonomous Region of Madeira and the Portuguese mainland. In a formal statement, Mr…
Tourism remains the primary driver of the Porto Santo economy; however, the City Council is actively seeking to curb the construction of new hotel units, prioritising the sector’s sustainability and promoting the island as a “refuge of the senses.” “Porto Santo is an island with limits, and human pressure is…
Double funding, a lack of procedure manuals, and delays in recovering surplus funds are among the failings identified in an audit report published last week. Conducted by the Madeira Regional Section of the Court of Auditors, the audit examined support granted by the Regional Government to the 43 Casas do…
The Period of submission of requests for payment of support for beekeeping, within the scope of the Strategic Plan of the Common Agricultural Policy (PEPAC Madeira), is open. Beneficiaries must submit the respective payment requests through the IFAP Portal: www.ifap.pt, before the 31st of July 2026. According to a press…
The JPP says the prolonged closure of the Ribeira Brava pier is having a serious impact on the local economy, affecting fishermen, maritime tourism operators, local businesses, and the image of the municipality. Municipal deputy for Juntos Pelo Povo (JPP), Cátia Gouveia, points out that the infrastructure has been closed…
Two proposals were submitted for the tender procedure launched in March this year for the procurement of advisory and technical consultancy services in hospital management, according to the Regional Secretary for Equipment and Infrastructures. This public tender, titled “Central and University Hospital of Madeira – Advisory and Technical Consultancy Services…