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Santana · report

Empty homes in Santana

16.0% of the 4,885 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
16.0%
Empty homes
780

Against the wider area

Share of homes standing empty in the 2021 census.

AreaEmpty
Santana16.0%
Madeira island13.5%
Portugal12.1%

The census counts a home as empty when nobody lives in it usually or seasonally: for sale, to let, awaiting demolition or repair, or for other reasons. Second homes are counted apart and are not included. The next census is in 2031.

Other reports for Santana

Asking prices have an 80% chance of landing between €2,522/m² and €3,051/m² by September 2027.

Expected, September 2027
€2,786/m²
Chance of a rise
100%

At the median sale price, a 90 m² home costs €144,450. With 10% down and a 30-year mortgage, the payment is €548 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
25%
Payment, one income
50%

Figures for Região Autónoma da Madeira: Santana has no reliable figures of its own.

Owning a 90 m² home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the median sale price. Repaying the loan is saving, so it is left out.

Rent per month
€1,109
Owning per month
€849

64.7% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
10
Per 1,000 residents
1.5

Figures for Região Autónoma da Madeira: Santana has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 31.6% more per m² than buyers living in Portugal.

Abroad against residents
+31.6%

Asking prices have fallen by 3% or more 8 times since 2017. The deepest began in February 2020.

Deepest fall
−16.2%
Recovery from the low
5 months

In 2025 the population fell by 11 while 6 homes were finished.

Homes finished, 2025
6
Population change, 2025
−11

In 2025, 0% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
0%
Reconstructions per 100 new buildings
0.0

Public bodies signed €66.5K of housing works here in 2023, and €125.8K since 2012.

Signed in 2023
€66.5K
Per resident, 2023
€10

Data: INE, ECB and others · updated October 27, 2026

Asking prices and bank valuations are not sale prices. This is a description of public data, not financial advice.

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