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New build apartment with terrace and swimming pool for sale in Funchal, 213 sqm, 1 bedrooms, 4th floor, building with elevator in Portugal

New developments São Martinho
750.000€   3.521€/sqm

1-bedroom apartment for sale in new development in Madeira Island

  • Bedrooms 1
  • Bathrooms 1
  • Gross surface 213 sqm
  • Outdoor area 111 m²
  • Floor 4 on 8
  • Energy B

The newly built apartment with reference SRM-67-T1-P4-BLOCO-E is part of a timeless development located in Funchal.

This elegant dwelling is located in a luxury area in the São Martinho neighborhood, surrounded by nature, and occupies the fourth floor of a modern eight-story building, equipped with an elevator.

With a total area of 213 sqm, this new 1-bedroom apartment will delight you with its elegant layout, perfectly suited to a family neighborhood in Funchal. Benefiting from a south-facing sun exposure, this property is distributed over a spacious living and dining room of around 40.20 sqm, an entrance hall of 2.40 sqm, a master suite of 20.75 sqm, a private bathroom of 6.75 sqm, a kitchen of 10.00 sqm, a laundry room of 5.35 sqm, a bathroom of 3.20 sqm, a spacious terrace of 29.40 sqm, a garage of 32 sqm, a private pool of 23.55 sqm, and a storage room.

The bedroom area includes a spacious en-suite bedroom, built-in closets, and a private bathroom equipped with a bathtub and shower.

In addition, this apartment features a high level of comfort and top of the line equipment, including air conditioning, double glazing, high performance acoustic insulation and efficient thermal insulation. This property is sold with a box for 2 cars and 1 storage room.

Don't miss the opportunity to acquire this new construction in the municipality of Funchal, located in an exclusive and comfortable development. Let yourself be conquered by this construction of excellence!


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  • Reference : SRM-67-T1-P4-BLOCO-E
  • Property type : flat
  • Style : Modern
  • Property condition : New build
  • Rooms : 2
  • Bedrooms : 1
  • Bathroom : 1
  • Total surface : 213 m²
  • Living area : 102 m²
  • Outside surface : 111 m²
  • Floor number : 4
  • Floor : Intermediate floor
  • Solar exposure : South
  • Construction year : 2024
  • Price : 750.000€
  • Price per sqm : 3.521€/sqm
  • Property in condominium : Yes
  • Condominium fees : 213 € / month
  • Parking spaces : 2


  • Luxury
  • Lift
  • Parking space
  • Garage
  • Private pool : 24qm
  • Terrace
  • En suite bedroom
  • Apartment with terrace and swimming pool
  • Ocean views
  • Clear views
  • Ocean views
  • High-quality finishes
  • Armoured door
  • Bright and luminous
  • High level of interior comfort
  • Gated community
  • Surrounded by nature

The condominium

This new build flat (reference: SRM-67-T1-P4-BLOCO-E) is part of a real estate development is located in Funchal in Portugal.

A new condominium consisting of 147 homes in a prime location of São Martinho, surrounded by nature.

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

The residence with pool and garden provides quality amenities to all the residents, including : concierge, secured residence in a private condo and shops. And for the comfort of the residents you can benefit from its magnificent private pool.

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) and private pool.

The management of the co-ownership is under establishment and the condominium fees are estimated at 213€/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 with terrace and swimming pool or a flat for your vacations in Portugal, this property is for you!

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

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Expert's word

Are you interested in buying this new build apartment in Funchal? Follow the tips of your TAGUS NOVO expert if you decide to invest in a new development in São Martinho area. Whether you are looking for a primary residence, vacation home or even a rental property in Portugal, there is no doubt, that this apartment is a very good choice for a new home purchase in Funchal. As well as by the quality of the materials, for its potential of future valuation, and the experience of the developer. It is important to note that, according to our notation, its performance is 95/100 for an investment and 100/100 for a primary residence. This apartment with terrace and swimming pool in this new development enables you to choose a luxury property which offers great benefits, 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 surrounded by nature area. So is it a good choice? It should be noted that its selling price is precisely very good for a new property with these characteristics, and an address in Funchal. You can buy this property without hesitation! 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
  • Private pool : 24qm
  • 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 : 213 € / 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 family-friendly 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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