Cheap Hotels & Resorts in Funchal from AU$210

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Best Funchal Cheap Hotels

Savoy Palace - The Leading Hotels of the World - Savoy Signature

5.0 star property
Funchal
9.6 out of 10, Exceptional, (652)
"Exceptional staff, location, amenities. Highly recommended. "
United States
Timothy
The price is AU$512
includes taxes & fees
4 Jan - 5 Jan 2026
Savoy Palace - The Leading Hotels of the World - Savoy Signature

Hotel Madeira

3.0 star property
Funchal
8.6 out of 10, Excellent, (531)
"Yes, everything was great 👍"
United Kingdom
Anne
The price is AU$210
includes taxes & fees
4 Jan - 5 Jan 2026
Hotel Madeira

Florasol Residence Hotel

3.0 star property
Funchal
8.2 out of 10, Very good, (209)
"Good breakfast and good location. "
Canada
Sean
The price is AU$235
includes taxes & fees
13 Dec - 14 Dec
Florasol Residence Hotel

Enotel Lido

5.0 star property
Funchal
9.0 out of 10, Wonderful, (674)
"An amazing stay, well maintained property , good food options and wonderful staff. Will definitely go again."
Canada
Sanjiv
The price is AU$444
includes taxes & fees
14 Dec - 15 Dec
Enotel Lido

NEXT - Savoy Signature

4.0 star property
Funchal
9.0 out of 10, Wonderful, (427)
"Lovely atmosphere. Incredible food. Really friendly staff"
United Kingdom
Hazel
The price is AU$244
includes taxes & fees
4 Jan - 5 Jan 2026
NEXT - Savoy Signature

The Cliff Bay

5.0 star property
Funchal
9.8 out of 10, Exceptional, (910)
"The hotel was marvellous in every way and we will certainly be returning next year."
United Kingdom
David
The price is AU$479
includes taxes & fees
9 Dec - 10 Dec
The Cliff Bay

The Views Baia - Adults Only

4.0 star property
Sao Pedro
9.2 out of 10, Wonderful, (332)
"Great hospitallity!"
United Kingdom
Andreas
The price is AU$302
includes taxes & fees
8 Dec - 9 Dec
The Views Baia - Adults Only

Pestana Casino Park Ocean and SPA Hotel

5.0 star property
Funchal
8.6 out of 10, Excellent, (1003)
"Nice hotel but felt a little dated"
United Kingdom
Adam
The price is AU$234
includes taxes & fees
3 Jan - 4 Jan 2026
Pestana Casino Park Ocean and SPA Hotel

The Vine

5.0 star property
Funchal
9.4 out of 10, Exceptional, (1003)
"Great hotel, close by to the old town"
Canada
Eric
The Vine

Hotel PortoBay Santa Maria

4.0 star property
Old Town Funchal
9.4 out of 10, Exceptional, (470)
"Beautiful hotel"
United Kingdom
Angela
The price is AU$409
includes taxes & fees
3 Jan - 4 Jan 2026
Hotel PortoBay Santa Maria
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.

Find out more about Funchal

Discover cheap things to do in Funchal

Funchal, the vibrant capital of Madeira, offers an array of budget-friendly experiences that will delight quality-seeking travellers. Start your adventure at the stunning Mercado dos Lavradores, where you can immerse yourself in the lively atmosphere and sample fresh local produce, including the famous Madeira wine, without breaking the bank. Next, take a stroll along the scenic promenade at Praia Formosa, a beautiful pebble and black sand beach perfect for a family picnic or simply soaking up the sun. For a touch of culture, visit the enchanting Botanical Garden, where you can wander through exotic flora and enjoy stunning views of the city—entry is quite affordable, and children often enjoy the adventure. Don't miss the chance to ride the iconic Monte Cable Car, which not only offers breathtaking vistas but also leads to the picturesque Monte Palace Gardens, where you can explore beautiful landscapes and enjoy a leisurely walk at minimal cost. When it comes to accommodation, consider staying in the charming Old Town area, where you’ll find a variety of cheap hotels that provide comfortable amenities and an authentic Madeira experience. Here, you can wander through narrow streets lined with art galleries and quaint cafes, and easily access local eateries serving delicious meals at reasonable prices, ensuring that your holiday is both enjoyable and budget-conscious.

Find the best cheap hotels in Funchal

For budget-conscious travellers visiting Funchal, Madeira, these top hotels provide excellent value without compromising comfort or quality. Each offers a range of affordable amenities to ensure a pleasant stay.

Babosas Village by Our Madeira

  • Why it's great for a budget-friendly vacation: With an impressive review rating of 9.8, Babosas Village by Our Madeira is an exceptional choice for budget travellers seeking quality and comfort. The hotel offers complimentary WiFi, a 24-hour airport shuttle, and free self-parking, making it not only affordable but also incredibly convenient for travelers exploring the area.
  • Other amenities: Guests can enjoy a private terrace or patio area, as well as a fully equipped kitchenette in their rooms, perfect for those who prefer self-catering. The hotel features a picturesque yard and ocean views, creating a serene atmosphere. Additional amenities include a concierge service, a microwave, and a full-size refrigerator, providing everything needed for a comfortable stay.
  • Nearby attractions: Funchal Cable Car - Monte Station - 0.1 km, Monte Palace Gardens - 0.2 km

Hotel do Carmo

  • Why it's great for a budget-friendly vacation: For budget travellers looking for comfort in Funchal, Hotel do Carmo is a fantastic option with a solid review rating of 8.6. Guests can indulge in a free buffet breakfast and enjoy complimentary WiFi throughout their stay, making it an ideal base for exploring the city without breaking the bank.
  • Other amenities: This charming hotel features an outdoor pool complete with sun loungers and a terrace for relaxation. Guests can take advantage of self-parking and a snack bar on-site. The hotel is situated near a historical district and a beautiful beach, offering opportunities for leisure and exploration. Additional amenities include daily housekeeping, airport transportation services, and options for billiards entertainment.
  • Nearby attractions: Funchal Farmers Market - 0.4 km, Avenida do Mar - 0.6 km

Hotel Madeira

  • Why it's great for a budget-friendly vacation: Hotel Madeira is an outstanding choice for budget travellers, offering an excellent review rating of 8.6. Guests can enjoy a complimentary buffet breakfast daily, along with free toiletries and WiFi, ensuring a comfortable and budget-friendly stay. The hotel also features a 24-hour airport shuttle service, making arrivals and departures straightforward.
  • Other amenities: In addition to its budget-friendly features, Hotel Madeira offers an outdoor pool for relaxation, early check-in options, and a rooftop terrace with stunning views. Nearby locations include a marina, black sand beach, and various hiking trails for adventurous travelers. The hotel also provides housekeeping services, an electric kettle in rooms, and has nearby parking options for convenience.
  • Nearby attractions: Funchal Municipal Garden - 0 km, La Vie Shopping Center - 0.4 km

Hotel Orquidea

  • Why it's great for a budget-friendly vacation: Hotel Orquidea offers budget-conscious travellers a delightful stay with a review rating of 8.4. This hotel provides essential amenities such as complimentary WiFi and daily housekeeping, ensuring that travelers enjoy a pleasant and affordable experience in Funchal.
  • Other amenities: The hotel features a terrace for relaxation, alongside convenient room service options and a snack bar. Guests can unwind in comfortably appointed rooms with air conditioning and premium bedding. Located near the beach, Hotel Orquidea also provides easy access to local attractions and nearby parking, enhancing the overall experience for budget-conscious travellers.
  • Neighborhood: Sao Pedro
  • Nearby attractions: Town Square - 0.3 km, Funchal Town Hall - 0.4 km

Hotel Monte Carlo

  • Why it's great for a budget-friendly vacation: Hotel Monte Carlo is a budget-friendly gem located in Sao Pedro, with a review rating of 7.8. This hotel is perfect for travellers seeking comfort and affordability, featuring complimentary WiFi and a 24-hour airport shuttle service, ensuring convenience throughout their stay.
  • Other amenities: The hotel offers an outdoor pool with umbrellas for sun protection and a range of nearby activities, including windsurfing and kayaking. Guests can enjoy beautiful sea views from the balcony in their rooms and dine at the garden-view restaurant. Additional perks include onsite parking, daily housekeeping, and easy access to local shopping and historical sites.
  • Neighborhood: Sao Pedro
  • Nearby attractions: Funchal Municipal Garden - 0.7 km, Se Cathedral - 0.8 km

Top Funchal Hotel Reviews

Frequently asked questions

What is Funchal like for travellers on a budget?
Funchal has a variety of cheap accommodation options and places to visit, making it a budget-friendly holiday choice. You can find ways to save money while getting to know this destination, which is home to attractions such as Town Square, Funchal Marina and CR7 Museum.
What's the best accommodation for a budget-friendly stay in Funchal?
Based on our traveller reviews, H. Central Funchal III is a top choice for a less expensive stay. Another top option for your stay on the cheap is Santa Maria - Hostel.
How many cheap hotels should I expect to find in Funchal?
Expedia has 8 hotels in Funchal that are ideal if you are watching your pennies.
When is the best time for a budget trip to Funchal?
Weather will likely play an important role when you plan your trip to Funchal, but bear in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually August and July, with an average temperature of 20°C, while the coldest months are February and March, with an average of 14°C. Average annual precipitation for Funchal is 495 mm.
What is there to see and do in Funchal?
Funchal attracts visitors with its major shopping area and fantastic dining options, and offers plenty to see and do without spending a fortune. You can budget for the local attractions that interest you most, and then make time for activities that cost little or nothing at all. Check out the local culture at CR7 Museum and Museu da Madeira Wine Company, or visit other spots like Funchal Sacred Art Museum.
How can I get to Funchal and get around on a budget?
Scoping out the transportation options in Funchal can help keep you on budget. The nearest airport is Funchal (FNC-Cristiano Ronaldo), situated 8.4 mi (13.5 km) away. Funchal might not have very many public transport choices so a rental car could be a reasonable alternative to see the area.