The postcard shows Funchal, the capital of the Region. The city has around 112.000 inhabitants.
Stamps (actually Madeira has it's own stamps, but this are from Portugal (you can use them too and as you can see on the postmark the card is really send from Funchal)):
Masks (from set of six) (issued 01-03-2006)
Portuguese Presidency of the Council of the EU (issued 01-07-2007)
Thank You so much Elena for sending this card from your trip!