30% of foreign investment in properties in Portugal is concentrated in Funchal. Data published today by real estate portal Idealista shows that interest in real estate in the country was significant in the first quarter of this year, The majority of property searches in Madeira by foreign citizens come from…
Posts published in “Property”
Independent councilors LuĂs Filipe Santos and Jorge Afonso Freitas recommended, today, in a City Council meeting, that urgent maintenance and inspection actions be taken in critical areas of the city of Funchal, taking into account the recent rains and unstable weather. Maintenance tasks like cleaning stream and riverbeds are needed,…
The councillors of Juntos Pelo Povo (JPP) in the Funchal City Council are hosting a public debate at the BarcelĂł Hotel, located at Rua da Alfândega, n.Âş 9, at 18:00 tomorrow, under the title ‘The new Regulation of Local Lodging in Funchal,’ within the scope of the Funchal 360 initiative.…
The CDS Santa Cruz says it is concerned that the Santo da Serra Market remains closed. The party reports that, in recent weeks, elements of the municipality have gone to the site several times and maintained contact with merchants and farmers, “trying to follow the evolution of the work and…
A sudden storm, marked by heavy rain and strong gusts of wind, hit several areas of Porto Santo early last night, causing material damage and moments of great apprehension among residents. RĂşben Drumond, the owner of the Girassol bar, shared images from his Tesla that captured the wind’s destructive power,…
The Portuguese Labour Party (PTP) today criticised the disparity in expropriation values for the Faial golf course project, calling it “incomprehensible and unacceptable.” According to a press release from the Regional Government, the Regional Government paid about 26 million euros in expropriation payments for about 17.2 hectares in one of…
The Casa para Viver platform, which brings together dozens of associations, movements, and collectives in defence of the right to housing, called for a set of demonstrations in 14 cities across Portugal. The objective of these demonstrations is to demand concrete responses to the serious housing crisis that affects thousands…
The president of the Regional Government refuses to talk about abandoning the project to replace the current Estrada das Ginjas with tarmac. On the sidelines of the TrapalhĂŁo Parade, Miguel Albuquerque criticised the delay in the court process in the Ginjas project and said that they will now have to…
Juntos Pelo Povo (JPP) deputy Filipe Sousa expressed condolences to the victims of the recent storms, which, over the last two weeks, have caused death, destruction, and significant damage in several regions of the country. In a press release, the parliamentarian expressed “the deepest solidarity” with families. Filipe Sousa argues…
A group of citizens gathered this morning in front of the headquarters of Housing Investments of Madeira (IHM), in Funchal, to contest the management of waiting lists for social housing and the Reduced Rent Programme. The protesters claim to have been registered for several years without a response and accuse…
Juntos Pelo Povo (JPP) has submitted a request to access the internal studies that, according to the PSD/CDS Regional Government, support the decision to proceed with the sale of the Dr. NĂ©lio Mendonça Hospital. In a statement, the JPP recalls that last Monday, it had already requested the public disclosure…
The real estate market in the Autonomous Region of Madeira continued on its upward trajectory at the beginning of 2026, with significant increases in both renting and selling, according to the General Barometer of January 2026. In the rental segment, the average rent in Madeira reached 1,700 euros in January,…
U.S. citizens, who currently make up about 12% of international demand for homes in Portugal—ranking second only to the United Kingdom- are increasingly eyeing Madeira, which accounts for 6.1% of recent home searches, all attributed to the so-called ‘Trump effect’. According to the idealista.pt portal, most searches focus on properties…
The President of the Regional Government said today that the sale of the NĂ©lio Mendonça Hospital property is not an “effective” decision and that it will only be decided in the future. He further reiterated that a more financially viable solution is to utilise the area to build controlled cost…
The New Right Party, through its coordinator Paulo Azevedo, today delivered a dossier to the Representative of the Republic for the Autonomous Region of Madeira, Irineu Barreto, following the meeting held on the 19th of January on the issue of housing. According to a press statement, the document gathers detailed…