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New build apartment by the sea with terrace for sale in Funchal, 251 sqm, 2 bedrooms, 1st floor, building with elevator in Portugal

New developments São Martinho

Apartment by the sea with terrace for sale in new development in Madeira Island

  • Bedrooms 2
  • Bathrooms 2
  • Gross surface 251 sqm
  • Outdoor area 87 m²
  • Floor 1 on 8
  • Energy B

This new-build apartment reference: SRM-14-T2-P1-BLOCO-C is part of a new development in Funchal, Madeira Island.

The flat is situated in a luxury residence with prime location in Funchal's most sought-after neighbourhood. Nestled on the 1º floor of a 8-storey modern building with elevator.

This 2-bedroom apartment with 251 sqm will seduce you with its design and the quality of its features.

The exposure south provides beautiful luminosity thanks to its large terrace.

The apartment comprises of : entrance hall of 6.45 sqm, bathroom of 4.25 sqm, laundry of 4.40 sqm, kitchen of 12.10 sqm, living and dining room of 48.25 sqm, hallway of 7.25 sqm, master bedroom of 21.10 sqm, bathroom master bedroom of 7.05 sqm, dressing room in master bedroom of 5.35 sqm, suite bedroom of 22.50 sqm, bathroom in ensuite bedroom of 4.35 sqm, garage of 32 sqm, terrace of 54.05 sqm, basement storage of sqm.

The major asset of this new home: apartment by the sea with terrace.

The apartment has 2 bedrooms. Both bedrooms have built-in wardrobes / closets, private bathroom / shower room, and the master bedroom a walk-in closet.

The apartment is also equipped with a fully equipped kitchen and home automation. And for your security: 24h concierge, secured residence and armoured door.

You will benefit from a high level of interior comfort, excellent equipments and high-quality finishes: reversible air conditioning, double glazing, high-performance acoustic insulation and efficient thermal insulation.

Sold with box for 2 cars and 1 storage room.

Do not miss this stunning new seaside and urban property for sale in Funchal in an ideal environment.


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  • Reference : SRM-14-T2-P1-BLOCO-C
  • Property type : flat
  • Style : Modern
  • Property condition : New build
  • Rooms : 3
  • Bedrooms : 2
  • Bathroom : 2
  • Total surface : 251 m²
  • Living area : 164 m²
  • Outside surface : 87 m²
  • Floor number : 1
  • Floor : Intermediate floor
  • Solar exposure : South
  • Construction year : 2024
  • Price : Sold
  • Property in condominium : Yes
  • Condominium fees : 251 € / month
  • Parking spaces : 2


  • Luxury
  • Lift
  • Parking space
  • Garage
  • Pool
  • Terrace
  • En suite bedroom
  • Apartment by the sea with terrace
  • Ocean views
  • Clear views
  • Ocean views
  • High-quality finishes
  • Armoured door
  • Bright and luminous
  • High level of interior comfort
  • Gated community
  • In a prime location

The condominium

This new build apartment (reference: SRM-14-T2-P1-BLOCO-C) is part of a latest development of new homes is located in Funchal in Portugal.

A brand-new condominium consisting of 147 units in a privileged location of São Martinho, in a prime location.

Its architecture fits perfectly into the neighbourhood and offers a collection of new-build flats designed to provide an optimal living area for future owners.

This luxury residence with swimming pool provides quality amenities to all the residents, including : concierge, secured residence in a private condo and shops.

You will have access to a large number of places of interest nearby (easy access, green areas, marina, airport, shops, close to the beach, public transports, city centre, schools, hospital, pharmacy, tennis club and bank).

The management of the condo is under establishment and the condominium fees are estimated at 251€/month.

A new residential development ideal for seaside and in the city living in Funchal in a pleasant living environment.

If you are looking for a apartment by the sea with terrace or an apartment for your vacations in Portugal, this property is for you!

Visit our page dedicated to a new real estate development to learn all about the residence, its services and its neighbourhood.

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Expert's word

Are you interested in this new build apartment in Funchal ?

We tell you why it is a choice to consider if you decide to invest in real estate in São Martinho area.

Whether you are looking for a primary residence, a seaside and in the city or even a rental property in Portugal, there is no doubt, that this apartment is a very good option for a new home purchase in Funchal.

As well as by the quality of the materials, the layout of the rooms, and the builder's warranty.

You should know that, according to our scoring, its performance is 95/100 for a real estate investment and 100/100 for a primary residence.

This apartment by the sea with terrace within this new development guarantees you to choose a luxury property which offers great benefits such as: high level of interior comfort, an excellent level of equipment with reversible air conditioning, double glazing, high-performance acoustic insulation and efficient thermal insulation, all in a luxury residence in a prime location.

So is it a good choice? It should be noted that its selling price is truly very good for a new build property with these characteristics, and located in Funchal.

Don't miss this great opportunity! Contact us for a viewing or for more information.

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Property information

  • Reversible air conditioning
  • Double glazing
  • High-performance acoustic insulation
  • Efficient thermal insulation
  • Built-in closets
  • Fully fitted kitchen
  • Home automation
  • Basement storage
  • Parking spaces : 2
  • Terrace
  • Pool
  • Number of units in the building : 28
  • Number of floors : 8
  • Concierge
  • Gated community
  • Shops
  • Building style : Modern
  • Building condition : New build
  • Construction year : 2024
  • Facade of the building : New
  • Structure : Concrete structure
  • Roof : New
  • Quality level : Luxury residence
  • Condominium management : Under establishment
  • Condominium fees : 251 € / month
  • Common areas : New
  • Gated community
  • Number of flats : 147

About the new development

Project status

Pre-launch Sales Under construction Delivered
Last Units Delivery: 1st quarter 2024
Private development
Madeira Island

New build flats in Lido - Funchal
From 750.000€ LivingInvestment
  • From 1 to 4 bedrooms
    Areas from 213 to 1153 sqm

86% of units sold

See all units for sale in this real estate development

Area Bedrooms Price
213 sqm 4 1 750.000€
257 sqm 4 2 950.000€
255 sqm 4 2 950.000€
298 sqm 4 2 1.000.000€
330 sqm 4 2 1.100.000€
355 sqm 1 2 1.200.000€
562 sqm 8 2 2.300.000€
542 sqm 8 2 2.400.000€
660 sqm 8 2 2.500.000€
617 sqm 8 2 2.500.000€
245 sqm 5 3 1.100.000€
238 sqm 5 3 1.100.000€
362 sqm 4 3 1.150.000€
425 sqm 4 3 1.200.000€
262 sqm 6 3 1.200.000€
387 sqm 4 3 1.250.000€
307 sqm 5 3 1.300.000€
448 sqm 4 3 1.400.000€
316 sqm 7 3 1.500.000€
1153 sqm 8 3 3.300.000€
671 sqm 8 4 3.200.000€

Construction status

Foundation Structure Roofing Interior Close-out Delivery
  • Current project status : Under construction
  • Delivery : 1st quarter 2024

The project is expected to be complete by the 1st quarter of 2024 and is currently under construction, reaching the interior stage.

Latest images from the construction site


  • District : Madeira Island
  • Municipality : Funchal
  • Parish : São Martinho
  • Neighborhood : Lido
  • The address: In a privileged living environment by the sea

  • The neighbourhood's strengths : Easy access, Green areas, Marina, AirPort, Shops, Beach, Public transports, City centre, Schools, Hospital, Pharmacy, Tennis club, Bank
  • Features : Animated, Seaside, Quiet, Shopping area, Exclusive, Historical, Seafront, Condominium, Resort, Touristic, Traditional, Transport nearby
  • Lifestyle : Seaside, In the city

In one of the noblest areas of the city, located on the southwest coast of the capital Funchal, São Martinho is a parish worth getting to know. By the sea, here is one of the largest beaches of Funchal, or even the island, Praia Formosa, giving access to several smaller beaches. Open-air seafood restaurants overlook Praia Formosa, while stylish cafes and cocktail bars cluster near the Port of Funchal. São Martinho is particularly blessed with the natural beauty of the island. The promenade along the sea is adorned with beautiful flowers and is popular with locals and tourists alike, whether for strolling or sporting activities. Funchal is one of the safest and cleanest cities in Europe, a place that truly takes pride in its status. The cobbled streets of downtown, combined with modern shopping areas, cafes, bars, and restaurants, make Funchal an interesting and exciting city.

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The scoring of this property is evaluated by our experts using criteria based on data that allow us to categorise the potential of the property for a home and for property investment.
We take into account, among other factors, the added value potential, resaleability, rental profitability, rental demand in the area, attractiveness of the neighbourhood, location and quality of the property.

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