TAP Portugal has an incredibly low ticket price at $225 round trip for New York to Madeira Island, Portugal for winter 2020 travel. Madeira is an autonomous region of Portugal in the Atlantic located 600 miles southwest of Lisbon. Lowest fare departure dates are February and March. Lower ticket prices around $200 round trip are available through some online travel agencies, while $225 is the ticket price through TAP Portugal and OTA sites like Expedia.
200 TAP Portugal miles reduces the ticket price by $18 for bookings through TAP Portugal website. I picked up 200 miles last year for member enrollment in TAP Miles&Go and earned more TAP miles last summer from booking.com hotel stays in Poland.
There are opportunities to book a free overnight layover of 22 hours in Lisbon on the outbound or inbound flights. You can also book with no overnight in Lisbon. While TAP Portugal advertises free stopover options, I had a difficult time finding stopover itineraries that do not raise the fare to over $300 round trip.
TAP Portugal New York JFK – Lisbon LIS (22 hour overnight layover) – Funchal, Madeira FNC – LIS – JFK