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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...)
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In the 1st half of 2020
The number of new lease agreements and house rental value by square meter in the Autonomous Region of Madeira increased compared to the previous semester and year-on-year
According to information released today by Statistics Portugal (INE), in the 1st half of 2021 (last 12 months), the median house rental value of the 1,337 new lease agreements of dwellings in the Autonomous Region of Madeira was 6.15€/m2. Compared to the previous semester, the agreements rose by 3.9% and the median house rental value by 2.7%. By the same order, this represents a 17.9% and 2.8% growth when compared to the 1st half of 2020.
Regarding house rental value by square meter, the Autonomous Region of Madeira was the fourth Region with the highest value among the 25 NUTS3 regions, behind the Metropolitan Area of Lisbon (8.68 €/m2), the Algarve (6.74€/m2) and the Metropolitan Area of Oporto (6,25 €/m2). The national average stood at 5.82€/m2.
Given the minimum number of 30 transactions established for dissemination purposes, information is only available for the municipalities of Funchal, its contiguous municipalities (Câmara de Lobos and Santa Cruz) and Calheta. In the year of reference, Funchal concentrated 918 of the 1,337 lease agreements, followed by Santa Cruz with 181, Câmara de Lobos with 60 and Calheta with 45.
Looking at the median house rental value by municipality, Funchal (6.76€/m2) was the only municipality which stood above the value of the Region (6.15€/m2), followed by Santa Cruz (5.59€/m2), Câmara de Lobos (4.18€/m2) and Calheta (3.52€/m2).
In a ranking by municipality, Funchal has the 19th highest rental value, behind Lisbon, Oporto and several municipalities of the Metropolitan Area of Lisbon, the Metropolitan Area of Oporto and of the Algarve region. In the previous semester, Funchal was in 17th place.
In the 2nd quarter of 2021, the median house rental value in the Autonomous Region of Madeira was 6.32€/m2, corresponding to an increase of 11.3% year-on-year. In Funchal, that same variable stood at 6.90€/ m2, increasing by 9.9% over the year-ago quarter.
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