Joomla gallery extension by joomlashine.com
In October 2022, the implicit interest rate on housing credit and the average loan repayments increased in the Autonomous Region of Madeira (Read more...)
In the 3rd quarter of 2022, the overdue loans ratios decreased compared to the previous quarter (Read more...)
In 2022, the proportion of persons between 16 and 74 years old who reported having used the Internet in the last 3 months prior to the interview was higher in the Autonomous Region of Madeira than in the country (Read more...)
In the first nine months of 2022, the natural decrease was higher than in the same period of the previous year (Read more...)
Between January and September 2022, the egg production, livestock slaughtering and poultry meat increased year-on-year while landed catch registered a decrease, but its value rose (Read more...)
At the end of the 3rd quarter of 2022, the number of jobs in the Regional Administration of Madeira was 20 806 (Read more...)
DREM releases "In Focus" with statistical indicators related to the sea for the Autonomous Region of Madeira (Read more...)
DREM releases Culture indicators for 2021 (Read more...)
DREM releases data for January to September 2022 on golf courses and cruise ships that visited the Region (Read more...)
In August 2022, Madeira’s economy accelerated (Read more...)
Subscribe to our newsletter and get statistical data as soon as it is available!...
In the 2nd half 2019
House rental value by square meter in the Autonomous Region of Madeira decreased compared to the previous semester and increased compared to the year-on-year
In the 2nd half 2019 (last 12 months), the median house rental value of the 1,039 new lease agreements of dwellings in the Autonomous Region of Madeira was 5.99€/m2. Compared to the previous semester, the agreements rose by 3.8%, while the median value decreased by 0.2%. By the same order this represents a 3.9% drop and a 2.6% increase when compared to the 2nd half of 2018.
Regarding house rental value by square meter, the Autonomous Region of Madeira was the third Region with the highest value among the seven Portuguese NUTS2 regions, behind Área Metropolitana de Lisboa (8.07 €/m2) and Algarve (6.25€/m2). The national average stood at 5.32€/m2.
Given the minimum number of 30 transactions, information is only available for the municipalities of Funchal, Câmara de Lobos, Santa Cruz and Machico. In the year of reference, Funchal concentrated 722 of the 1,039 lease agreements, followed by Santa Cruz with 155, Câmara de Lobos with 47 and Machico with 30.
Looking at the median house rental value by municipality, Funchal (6.82€/m2) was the only municipality which stood above the value of the Region (5.99€/m2), followed by Santa Cruz (5.40€/m2), Câmara de Lobos (4.64€/m2) and Machico (4.42€/m2).
In a ranking by municipality, Funchal has the 12th highest rental value, behind Lisbon, Oporto and several municipalities of Área Metropolitana de Lisboa and Área Metropolitana do Porto and of the Region of Algarve. In the previous semester Funchal ranked 10th.