The typical asking rate per listing is in the $20's per square foot per year. The Madeira region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $29 per sqft per year. That's a 55% decrease in rent.
In the last 90 days, 0 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the office spaces in the Madeira are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area were built in 2004.