Famous for their breathtaking landscapes, the Portuguese islands, Madeira and the Azores, are undoubtedly an excellent choice for anyone seeking a high quality of life in new homes. The climate, the cost of living, the cuisine, the stunning natural beauty... there are countless reasons to explore these archipelagos.
That's why idealista brings you a selection of newly built homes for sale on the Portuguese islands, starting at €200,000 in Madeira and €264,500 in the Azores. But before diving into the property listings, let’s take a closer look at the lifestyle these island regions have to offer.
Quality of life on the Portuguese Islands
Both Madeira and the Azores are perfect destinations for those seeking an exceptional quality of life. Here’s why:
Subtropical Climate
The mild temperatures that define these regions are one of their main attractions. This stable climate enhances the lush, green landscapes and encourages residents to enjoy outdoor activities all year round.
Natural Beauty
In addition to their stunning coastlines, these islands boast a wide variety of breathtaking landscapes. Madeira is known for its expansive forests and blooming gardens, offering an incredible diversity of flora and fauna. Meanwhile, the Azores enchant visitors with their volcanic scenery and verdant mountains.
Cost of Living
This is another key factor for those seeking a high quality of life: the lower cost of living compared to the mainland. While this doesn’t apply to everything, it does cover a significant range of goods and services. For instance, when it comes to food shopping, VAT rates on the mainland are 6%, 13%, and 23% (reduced, intermediate, and standard, respectively). In Madeira, these rates drop to 5%, 12%, and 22%, while in the Azores the difference is even greater, with rates at 4%, 9%, and 16%.
Cultural traditions and gastronomy
The island regions are also rich in traditions and culinary delights. The Festa da Flor in Madeira and the Festas do Espírito Santo in the Azores are just a few examples. As for gastronomy, who hasn’t heard of Madeira’s famous Bolo do Caco and Picadinho, best enjoyed with a glass of poncha? In the Azores, we can’t forget the iconic Cozido das Furnas, along with their cheeses and the incredible Azorean pineapples.
Safety and tranquillity
Low crime rates and a calm, nature-connected lifestyle make these islands the perfect escape from the stress of urban life. This is especially true for young families with children, as both Madeira and the Azores offer a safe environment alongside various educational facilities.
Island architecture and design: cultural and historical influences
If you’re passionate about architecture and design, you’ll love the unique influences found in these regions. While new builds naturally feature a modern character, many still preserve traditional elements.
In Madeira, for example, local materials like basalt stone are widely used, maintaining the tradition of white façades and sloped roofs while seamlessly integrating contemporary elements of comfort and sustainable design.
In the Azores, volcanic stone is commonly used, along with gable roofs and vibrant-coloured windows and doors. These traditional features coexist harmoniously with modern innovations, such as the incorporation of advanced technologies and energy efficiency.
Real estate investment opportunities on the islands
If you’re not planning to buy a home for personal use but rather as an investment, you’ve come to the right place. The island regions offer excellent real estate investment opportunities.
Both Madeira and the Azores are archipelagos with all the right conditions to attract property investors. Thanks to the factors mentioned above, which contribute to an outstanding quality of life, the Portuguese islands are ideal not only for permanent residence but also for second homes or investments in holiday rentals or the long-term rental market.
Among the cities with the highest demand for real estate are Funchal in Madeira and Ponta Delgada on São Miguel Island in the Azores.
New homes on Madeira Island
Newly built homes on Madeira Island are designed to make the most of the region’s stunning landscapes, featuring spacious balconies and terraces with sea or mountain views, large panoramic windows, and more.
Madeira’s property market offers a wide variety of options, from apartments in modern condominiums to terraced or detached houses, located in prime areas of the island such as Funchal, Ribeira Brava, and Câmara de Lobos.
These newly built homes and developments also stand out for their modern infrastructure, high-quality finishes, and condominium amenities such as swimming pools, gyms, and gardens, offering both exclusivity and comfort.
New Homes on São Miguel Island
São Miguel offers a wide range of newly built properties. Here, you’ll find a bit of everything—from brand-new houses in more rural areas to luxurious, contemporary apartments in the city of Ponta Delgada.
Many of these properties are strategically located to provide residents with spectacular views of the Atlantic Ocean and the lush greenery that defines the island. Additionally, new builds on São Miguel prioritise natural light and outdoor spaces.
There is also a notable focus on environmental sustainability, as many of these developments incorporate eco-friendly technologies such as solar panels and rainwater collection systems.
New homes for sale in São Miguel
New Homes on Terceira Island
On Terceira Island, the spotlight for new builds goes to the Santo Cristo development in Praia da Vitória. This project features eight apartments with garages and storage rooms, all in a prime location near Praia Grande, the marina, and key tourist attractions.
If you prefer houses, you’ll find a detached home also in Praia da Vitória, offering sea views and situated just 2 minutes from Lajes Airport and the Maritime Port.