Local guide · Updated monthly
Cheapest ticket: €59 (via Lisbon, TAP). Direct from €423 (Iberia). Two ways to fly — here's the full breakdown.
Direct time
2h 40min
Via Lisbon
4h 30min
Cheapest via LIS
€59
Cheapest direct
€423
Direct Iberia is the fastest option (2h 40min) but expensive on peak dates. Via Lisbon with TAP is 7x cheaper on average.
Best value
TAP Air Portugal, 1 stop, ~4h 30min total. Same-day arrival.
€59
Cheapest found · usually €96–130
Fastest
Iberia, non-stop. 2h 40min — the fastest way from any European capital.
€423
Checked Oct 4 · varies by date
Real Google Flights data, Madrid → Funchal one-way, sampled September 2026. All prices are via Lisbon unless noted.
8 – 15 Nov 2026
7 nights · +20°C, some rain
€60
15 – 22 Nov 2026
7 nights · +20°C, some rain
€60
22 – 29 Nov 2026
7 nights · +19°C, mixed
€60
2 – 9 May 2027
7 nights · +21°C, sunny
€60
9 – 16 May 2027
7 nights · +21°C, sunny
€60
4 – 11 Apr 2027
7 nights · +19°C, sunny
€60
11 – 18 Apr 2027
7 nights · +19°C, sunny
€60
28 Oct – 4 Nov 2026
7 nights · +21°C, sunny
€60
29 Nov – 6 Dec 2026
7 nights · +19°C, mixed
€60
23 – 30 May 2027
7 nights · +22°C, sunny
€60
Real one-way Madrid → Funchal prices. "From" = cheapest found (via Lisbon). "Direct" = Iberia non-stop. Sampled September 2026.
| Month | Via LIS | Direct | Tourists |
|---|---|---|---|
| Oct 2026 | €60 | €423 | Low |
| Nov 2026 | €60 | €423 | Low |
| Dec 2026 | €110 | €423 (Xmas €345) | Medium |
| Jan 2027 | €96 | €423 | Low |
| Feb 2027 | €59 | €423 | Low |
| Mar 2027 | €59 | €423 | Medium |
| Apr 2027 | €60 | €423 | Medium |
| May 2027 | €60 | €423 | High |
| Jun 2027 | €60 | €423 | High |
| Jul 2027 | €88 | €423 | High |
| Aug 2027 | €88 | €423 | Peak |
Warning: Christmas
Avoid 27–28 December 2026. Even via Lisbon prices jump to €341–345. Fly on 30–31 December instead, or book for January from €96.
Our research shows one strong rule: buy 6+ months ahead and you fly cheap any month. Wait until the last two weeks and prices triple.
Same flight. Same airline. Same seat class. Only the booking window changed.
If time matters: direct Iberia (2h 40min), from €423. If price matters: via Lisbon with TAP, from €59. The €360 saved per person is enormous.
February and March — from €59 via Lisbon. Avoid Christmas (Dec 27–28, up to €345) and August (from €88).
6+ months ahead. Prices triple in the final two weeks before departure. A €60 ticket in November can cost €280+ if booked last-minute.
Iberia flies MAD–FNC non-stop year-round (2h 40min). TAP Air Portugal operates the best-priced option via Lisbon.
Taxi to central Funchal: ~€25, 20 min. Uber works. Public Aerobus: €5, 40 min.
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