
Funchal, Madeira, Portugal
The Residence Porto Mare
The Residence Porto Mare is a PortoBay-developed timeshare resort set in Funchal, the capital of Madeira, blending Portuguese hospitality with a comfortable, well-equipped base for exploring the island. Whether you're considering selling a week you no longer use or looking to rent one for your next trip, here's what you need to know about the resort, its surroundings, and how ownership works in practice.
Selling or renting out a week at The Residence Porto Mare: what owners need to know
Facts with sources, checked September 2026. Prices are asking prices published on BidMyTimeshare.com — not valuations.
Interval International exchange membership: Interval International requires resale buyers to confirm that they are the owner of record before applying for membership. source
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The Resort and Its Setting
The Residence Porto Mare sits in the heart of Funchal, Madeira's main town and the island's natural gateway for most visitors. Developed by PortoBay, a Portuguese hospitality group with a strong presence on the island, the resort offers suites and residences that mix contemporary comfort with Portuguese design touches — think warm furnishings, generous living space, and, in many units, views reaching out over the Atlantic. The resort suits both couples wanting a quiet break and families needing more room, with on-site dining covering both Madeiran specialities and more familiar international dishes, plus spa facilities for days when the plan is simply to unwind.
Funchal and Madeira: What's Around
Funchal rewards exploring on foot. The cathedral and the old town are within walking distance of the resort, with their cobbled lanes, market stalls, and traditional tile work. A short trip takes you to the Madeira Botanical Garden, spread across a hillside with views back over the bay, or to the cable car up to Monte Palace, one of the more memorable ways to see Funchal from above. The coastal promenade by Reid's Palace is a popular stretch for an evening walk, and for anyone wanting to get properly into the island's landscape, the hiking trails around Pico do Arieiro are within reach for a day trip. Madeira's appeal has always been this combination — a proper town with history and markets, set against steep, green mountains and ocean on every side.
Selling or Renting a Week Here
If you own a week at The Residence Porto Mare and are ready to move on, BidMyTimeshare.com works as a straightforward owner-to-owner marketplace: you list your week, set your own asking price, and interested buyers contact you directly through the platform. There's a one-time listing fee to get your week in front of buyers, and no commission is taken when the sale goes through — unlike agency-brokered resales, what you agree with the buyer is what you keep.
Because The Residence Porto Mare is a branded PortoBay resort, any resale transfer goes through PortoBay's own process rather than an independent owners' association. Before agreeing a price with a buyer, it's worth confirming directly with PortoBay what their current transfer fee is, whether they hold a right of first refusal on resales, and how long the paperwork typically takes to complete — these details can change, and getting them in writing protects both sides of the deal. A resale buyer should expect to take on the week itself along with the usual owner obligations (including annual maintenance fees), but should check separately whether any loyalty perks or promotional extras tied to the original purchase carry over, as these often don't transfer with a resale.
The resort's Interval International affiliation is a genuine selling point to mention in your listing — buyers interested in flexibility, not just a fixed week in Funchal, will want to know their ownership can be used for exchanges through that network.
For renters, what matters most is usually straightforward: travel dates that line up with Madeira's best weather, unit size, and whether a view of the Atlantic is included. Being upfront about these details in your listing — along with what's included in the week — helps match your rental to the right guest faster.
Practical Notes for Owners and Buyers
Madeira's climate is mild for most of the year, but April to October tends to bring the warmest, driest conditions, making this the stretch of the calendar most owners and renters aim for. Flights land at Cristóvão Colombo International Airport, around 20 kilometres from Funchal, with onward transfer into town straightforward to arrange. If you're listing a week for rent or resale, including these practical details — along with any specifics on unit size and view — gives buyers a clearer picture before they get in touch.
Nearby Attractions
Travel Tips
Aim for a visit between April and October for the warmest, driest weather and the fullest resort experience. Flights arrive into Cristóvão Colombo International Airport, around 20 kilometres from Funchal, with taxis and transfers readily available into town. Funchal's old town and cathedral are walkable from the resort, so pack comfortable shoes for the cobbled streets.
Frequently asked questions
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