Property Prices in Funchal, Portugal

Index Info
Price to Income Ratio: 17.84
Mortgage as Percentage of Income: 144.54%
Loan Affordability Index: 0.69
Price to Rent Ratio - City Centre: 14.28
Price to Rent Ratio - Outside of Centre: 14.54
Gross Rental Yield (City Centre): 7.00%
Gross Rental Yield (Outside of Centre): 6.88%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,225.00 € 1,000.00-1,500.00
Apartment (1 bedroom) Outside of Centre 925.00 € 800.00-1,000.00
Apartment (3 bedrooms) in City Centre 2,162.50 € 1,500.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,516.67 € 1,200.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 351.43 € 288.00-418.06
Price per Square Feet to Buy Apartment Outside of Centre 261.72 € 232.26-371.61
Salaries And Financing
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Average Monthly Net Salary (After Tax) 925.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.27 4.50-5.43

These data are based on 67 entries from 12 contributors over the past 18 months.
Last update: 19 April 2025

Sources and References
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