Mata Nacional da Margaraça represents a rare example where the Atlantic climate influences the perpetuity of a small enclave of a previously widespread laurel forest. The higher relative humidity values (> 80%), which are almost constant all year long and the mild temperatures, rarely exceeding 30°C, even in the dry season (June to September), create an insular-like effect. The biological communities of Margaraça exhibit a transitory character. The forest is dominated by Quercus robur and Castanea sativa, yet Quercus suber, although less frequent, can also be found. The laurel species, such as Viburnum tinus, Ilex aquifolium, Laurus nobilis and the Portuguese endemic Prunus lusitanica ssp. lusitanica, relics from the ancient Portuguese Tertiary, comprise the understorey. The present work represents, to the best of our knowledge, the first regional macrofungal species list of the Mata da Margaraça published to date. The recent fires that occurred in the area have provided the opportunity to study the post-fire communities. The surveys were carried out in 2004 and later in 2018-2019. A total of 271 species were registered as belonging to Basidiomycota (≈ 80%) and Ascomycota (≈ 20%). The most represented Basidiomycota families were Russulaceae, Mycenaceae and Agaricaceae and the most represented Ascomycota families were Pyronemataceae and Pezizaceae. The new records to Portugal add up to a total of 88 species and another 116 species are new records to the province of Beira Litoral. Post-fire fungi account for 17 of the total of 271 species registered in these studies and most of these species are new to Portugal.