According to data from Idealista, between April and June this year, Madeira was one of the most dynamic regions in the luxury seaside property market. Santa Cruz and Funchal recorded the highest relative growth in the country, with supply increasing by 91% and 85% respectively compared to the same period in 2024. This growth puts Madeira in the spotlight, clearly distinguishing it among the 44 municipalities analysed with a significant supply of housing in this segment.

This sharp rise contrasts with the national trend, where the overall increase in the supply of luxury seaside villas was just 10%, totalling over 14,000 properties for sale nationwide. While municipalities such as Cascais, Loulé and Lagos lead in absolute numbers, with over 1,000 luxury homes each, Santa Cruz and Funchal stand out most in terms of percentage growth. This reflects the growing attractiveness of Madeira's coastal areas to buyers of exclusive properties.

Nationally, over 80 municipalities with beaches currently have at least one luxury villa for sale, but only 44 have a significant offering of more than 30 properties in this category. Santa Cruz and Funchal not only follow this trend in Madeira, they exceed it, positioning the island region as an emerging benchmark in Portugal's luxury real estate landscape.

While some areas of the country, such as Castro Marim in the Algarve, are experiencing declines, Madeira stands out for the significant increase in the number of properties available. This corroborates the appreciation and dynamism of its luxury real estate market.

Text adapted from Dnoticias.pt