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An incredible new build 3-bedroom apartment, 387 sqm, for sale in Funchal in a new development (Madeira Island)

New developments São Martinho
1.250.000€   3.230€/sqm

New build apartment for sale in new development in São Martinho - Funchal

  • Bedrooms 3
  • Bathrooms 3
  • Gross surface 387 sqm
  • Outdoor area 201 m²
  • Floor 4 on 8
  • Energy B

Discover this new build apartment for sale in Funchal, in Madeira Island region of Portugal, in a completely private and exclusive new development surrounded by nature.

Enjoy the comfort of new construction in a modern and attractive neighbourhood with this 3-bedroom apartment with a total gross area of 387 sqm.

The flat is located on the 4º floor of a modern building with 8 floors with elevator in a private residence in the area of São Martinho.

It is composed as follows : entrance hall of 2.05 sqm, living and dining room of 58.40 sqm, kitchen of 18.80 sqm, laundry of 6.95 sqm, separate toilet of 2.50 sqm, hallway of 4 sqm, master bedroom of 21.20 sqm, bathroom master bedroom of 4.45 sqm, en suite bedroom of 17.80 sqm, bathroom in ensuite bedroom of 3.60 sqm, en suite bedroom of 17.80 sqm, bathroom in ensuite bedroom of 3.90 sqm, terrace of 83.4 sqm, garden of 81.50 sqm, basement storage of 20 sqm, garage of 57 sqm.

With a total of 3 bedrooms, 3 bathroom(s) and 1 guest toilet.

Inside, a home designed to take advantage of a beautiful luminosity thanks to a north and south exposure.

In the night area of your apartment, you will find en-suite bedrooms equipped with built-in closets. The en-suites also have their own bathroom / shower room.

Everything is designed for the comfort of the owners : reversible air conditioning, double glazing, high-performance acoustic insulation, efficient thermal insulation and all electric .

The apartment also has : a fully equipped kitchen, home automation and furnished bathrooms.

What will make you fall in love with your future home?

An apartment with modern style, with optimized spaces, well equipped, with beautiful finishes and built with quality materials. And private pool !

Sold with box for 3 vehicles and 1 storage.

This property is suitable for a real estate purchase as part of a investment in real estate or for a primary residence or vacation home.

Agency fees and a 10 years builder's warranty are included in the price.

Don't wait any longer and contact our advisors!

TAGUS NOVO assists you throughout your new build real estate project in Portugal.

*The features and images of the property are informative

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  • Reference : SRM-70-T3-P4-BLOCO-E
  • Property type : flat
  • Style : Modern
  • Property condition : New build
  • Rooms : 4
  • Bedrooms : 3
  • Bathroom : 3
  • Total surface : 387 m²
  • Outside surface : 201 m²
  • Floor number : 4
  • Floor : Intermediate floor
  • Solar exposure : North / South
  • Construction year : 2024
  • Price : 1.250.000€
  • Price per sqm : 3.230€/sqm
  • Property in condominium : Yes
  • Parking spaces : 3


  • Luxury
  • Lift
  • Garage
  • Private pool : 23,55qm
  • Balcony
  • Garden
  • Terrace
  • En suite bedroom
  • Modern apartment with terrace and swimming pool
  • Ocean views
  • Clear views
  • Ocean views
  • Beautiful finishes
  • Armoured door
  • Videophone
  • Bright and luminous
  • High level of interior comfort
  • Gated community
  • Surrounded by nature

The condominium

This new build property (reference: SRM-70-T3-P4-BLOCO-E) is part of a latest development of new homes in Funchal, Madeira Island, in Portugal.

A brand new development of 147 units located in a privileged area of São Martinho municipality, surrounded by nature.

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

This luxury residence with a pool and garden provides all occupants with quality amenities: concierge, home cleaning, gated community, private residence and shops, garage without parking space. And for the residents' comfort, you can benefit from its magnificent private pool.

You will have access to many places of interest nearby. And also (easy access, green areas, marina, airport, shops, 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 387€/month.

This new development is undoubtedly ideal for seaside and in the city living in Funchal in a pleasant environment.

If you are looking for a modern apartment with terrace and swimming pool or a flat for your vacations in Portugal, this property is for you!

Visit our page dedicated to this new residential development to learn 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 ?

Here is what you need to know about this property if you decide 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 residence.

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

This modern apartment with terrace and swimming pool within this new development guarantees you to choose a top quality flat 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, efficient thermal insulation and all-electric , all in a luxury residence surrounded by nature.

So is it a good choice? It should be noted that its selling price remains absolutely good compared to other properties on the market for a new build property with these characteristics, and its location in Funchal municipality.

Don't miss this 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
  • All-electric
  • Built-in closets
  • Fully fitted kitchen
  • Home automation
  • Furnished bathroom
  • Basement storage
  • Parking spaces : 3
  • Garden
  • Balcony
  • Terrace
  • Private pool : 23,55qm
  • Number of floors : 8
  • Concierge
  • Home cleaning
  • Gated community
  • Private residence
  • 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
  • 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 modern and attractive neighbourhood

  • 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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