Flash estimate - In October 2022, the overnight stays in tourism accommodation in the Autonomous Region of Madeira grew by 24.4% year-on-year (Read more...)
DREM releases data on foreign affiliates in the Autonomous Region of Madeira (Read more...)
In October 2022, the median value of bank appraisals on housing in the Autonomous Region of Madeira stood at 1,431 euros/square meter (Read more...)
In October 2022, the movement of passengers at the airports of the Autonomous Region of Madeira stood 40% above the same month of 2019 (Read more...)
DREM releases the third quarter transport statistics and a time series for the period 1976-2021 (Read more...)
DREM releases final results of the 2021 Census (Read more...)
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...)
Subscribe to our newsletter and get statistical data as soon as it is available!...
In the 1st half 2020
House rental value by square meter in the Autonomous Region of Madeira decreased slightly compared to the previous semester and year-on-year
In the 1st half 2020 (last 12 months), the median house rental value of the 1,134 new lease agreements of dwellings in the Autonomous Region of Madeira was 5.98€/m2. Compared to the previous semester, the agreements rose by 9.1%, while the median value decreased by 0.2%. By the same order this represents a 13.3% growth and a 0.3% decrease when compared to the 1st half of 2019.
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 (8.42 €/m2) and Algarve (6.54€/m2) and with the same value as Área Metropolitana do Porto. The national average stood at 5.47€/m2.
Given the minimum number of 30 transactions, information is only available for the municipalities of Funchal, Câmara de Lobos, Santa Cruz, Machico and Calheta. In the year of reference, Funchal concentrated 769 of the 1,134 lease agreements, followed by Santa Cruz with 175, Câmara de Lobos with 47, Calheta with 43 and Machico with 38.
Looking at the median house rental value by municipality, Funchal (6.84€/m2) was the only municipality which stood above the value of the Region (5.98€/m2), followed by Santa Cruz (5.46€/m2), Câmara de Lobos (4.70€/m2), Machico (4.16€/m2) and Calheta (2.34€/m2).
In a ranking by municipality, Funchal has the 15th highest rental value, behind Lisbon, Oporto and several municipalities of Área Metropolitana de Lisboa, Área Metropolitana do Porto and of the Region of Algarve. In the previous semester Funchal ranked 12th.