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New build apartment in residence with swimming pool for sale in São Martinho (Funchal), 272 sqm, 2 bedrooms, 1º floor, near the beach

New developments São Martinho

Modern apartment with balcony and sea view in Funchal - Madeira island Portugal

  • Bedrooms 2
  • Bathrooms 2
  • Gross surface 272 sqm
  • Outdoor area 109 m²
  • Floor 1 on 8
  • Energy B

This new-build apartment reference: SRM-16-T2-P1-BLOCO-C is part of a new luxury development in the island of Madeira, Portugal.

The flat is situated near the beach, in São Martinho's neighbourhood.

Nestled on the 1º floor of a 8-storey modern building with elevator.

This 2-bedroom apartment with 272 sqm will seduce you with its design and the quality of its features.

The apartment comprises : entrance hall of 14.10 sqm, bathroom of 3.00 sqm, laundry of 3.20 sqm, kitchen of 9.85 sqm, living and dining room of 38.15 sqm, master bedroom of 25.65 sqm, bathroom master bedroom of 8.30 sqm, dressing room in master bedroom of 4.60 sqm, suite bedroom of 26.30 sqm, bathroom in ensuite bedroom of 8.05 sqm, terrace of 79.65 sqm, garden of 21.35 sqm, garage of 32 sqm, and basement storage.

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

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

You will benefit from : a brand new apartment in a residence with swimming pool and ocean views.

Sold with box for 2 cars and 1 storage.

Do not miss this new seaside and urban property in Funchal!


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  • Reference : SRM-16-T2-P1-BLOCO-C
  • Property type : flat
  • Style : Modern
  • Property condition : New build
  • Rooms : 3
  • Bedrooms : 2
  • Bathroom : 2
  • Total surface : 272 m²
  • Living area : 163 m²
  • Outside surface : 109 m²
  • Floor number : 1
  • Floor : Intermediate floor
  • Solar exposure : South
  • Construction year : 2024
  • Price : Sold
  • Property in condominium : Yes
  • Condominium fees : 272 € / month
  • Parking spaces : 2


  • Luxury
  • Lift
  • Parking space
  • Garage
  • Swimming pool in the condominium
  • Balcony
  • Garden
  • Terrace
  • En suite bedroom
  • Apartment in residence with swimming pool
  • Ocean views
  • Clear views
  • Ocean views
  • Beautiful finishes
  • Armoured door
  • Bright and luminous
  • High level of interior comfort
  • Gated community
  • Just steps from the beach

The condominium

This new build apartment (reference: SRM-16-T2-P1-BLOCO-C) is one of the integral elements of a new real estate development located in the region of Funchal in Portugal.

This is a unique development on Madeira Island, consisting of 147 residences with panoramic and definitive sea views, all with south-facing terraces, located in São Martinho, a highly privileged area with easy walking access to beaches, restaurants, and stores.

The architecture of the building harmonizes in an exemplary way with the surrounding landscape, offering new apartments carefully designed to provide future owners with an ideal living environment.

In order to provide comfort and convenience, concierge services, cleaning, retail, gated community with 24-hour security, garage, and parking are available. For the residents' leisure, there is also a magnificent swimming pool available in the condominium.

In addition, residents of this property will enjoy easy access to numerous places of interest nearby, including good access, green areas, marina, airport, shopping, beach, transportation, city center, schools, hospital, pharmacy, tennis club, and bank.

This is a new luxury residence with communal gardens, ideal for living in a pleasant environment, by the sea and in the city of Funchal.

The condominium management is currently under establishment, with expenses estimated at 272€/month.

If you are looking for a comfortable apartment or a vacation residence in Portugal, this property is the ideal choice for you!

Learn more about the new development on our dedicated page, and get detailed information about the residence, its services, and neighborhood.

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Expert's word

Are you interested in this new build flat in Funchal ?

Follow the advice of your TAGUS NOVO expert if you want to invest in real estate in São Martinho neighbourhood.

Whether you are looking for a primary residence, an investment property, there is no doubt that this apartment is an ideal choice for a new home purchase in Funchal, Portugal.

As well as by the quality of the construction, the layout of the rooms, and the quality of the new development.

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

This apartment in residence with swimming pool within this luxury development guarantees a unique choice, with numerous advantages, including large spaces filled with natural light and excellent levels of equipment such as air-conditioning, double glazing, high performance sound insulation, thermal insulation, and full electricity. All this in a private residence with shared gardens, in a prime location, just steps away from beaches, restaurants, and stores.

It is important to emphasize that the price of this property is correctly priced compared to new apartments with similar characteristics in the same region of Funchal.

This property is indeed an excellent choice. Don't miss the opportunity and schedule a visit right now!

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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
  • Garden
  • Balcony
  • Terrace
  • Swimming pool in the condominium
  • 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 : 272 € / 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 an ideal neighbourhood for everyday living with many shops nearby

  • 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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