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An incredible new build 1-bedroom loft apartment, 111 sqm, for sale in a new development in Funchal - Madeira Island

Private development

New build one bedroom apartment for sale in an area known for its excellent lifestyle in Funchal

  • Bedrooms 1
  • Bathrooms 1
  • Gross surface 111 sqm
  • Outdoor area 13 m²
  • Floor 1 on 6
  • Energy A


  • Luxury
  • Lift
  • Parking space
  • Swimming pool in the condominium
  • Balcony
  • Terrace
  • Loft
  • En suite bedroom
  • Cosy flat
  • Partial sea view
  • Clear views
  • Ocean views
  • High-quality finishes
  • Armoured door
  • Video surveillance
  • Bright and luminous
  • Comfortable and bright interior areas
  • Gated community
  • In the city centre

This new-build loft apartment (reference: SRI-BLOCO B-T1Loft-P1-S) is part of a new development "SAVOY in Madeira Island, Portugal.

This loft is situated in the city centre, in one of the most sought-after neighbourhoods in Funchal.

Nestled on the 1º floor of a 6-storey modern building with elevator.

This 1-bedroom apartment with 111 sqm will seduce you with its floor plan and characteristics.

The property is composed as follows : entrance hall of 5.10 sqm, laundry of 6.45 sqm, kitchen of 10.55 sqm, living and dining room of 24.15 sqm, living room balcony of 10.10 sqm, separate toilet of 2.70 sqm, hallway of 6.05 sqm, master bedroom of 20.90 sqm, bathroom master bedroom of 7.90 sqm, and basement storage.

The apartment has 1 good-sized loft bedroom with built-in closets and a private bathroom / shower room.

The apartment is also equipped with a fully equipped kitchen, home automation, extractor hood and furnished bathroom. And for your security inside the apartment, an armoured door and video surveillance. In a condo with 24h concierge.

The major asset of this new home: a brand new cosy flat with 1 private car parking space.

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



  • Reference : SRI-BLOCO B-T1Loft-P1-S
  • Property type : loft
  • Style : Modern
  • Property condition : New build
  • Rooms : 2
  • Bedrooms : 1
  • Bathroom : 1
  • Total surface : 111 m²
  • Floor number : 1
  • Floor : Intermediate floor
  • Solar exposure : North
  • Construction year : 2022
  • Price : 575.000€
  • Price per sqm : 5.180€/sqm
  • Property in condominium : Yes
  • Parking spaces : 1

The condominium

This new build flat (reference: SRI-BLOCO B-T1Loft-P1-S) is part of a residential development is located in Funchal in Portugal.

A new condominium consisting of 49 properties in a most sought-after residential neighbourhood of Sé, in the city centre.

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

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

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

The management of the condo is under establishment and the condominium fees are estimated at 111€/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 cosy flat 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.

Expert's word

Are you interested in buying this new build flat in Funchal ?

Here's why we think it's a property to consider if you want to invest in a real estate project in Sé area.

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, for its potential of future valuation, and the quality of the new development.

It is important to note that, according to our scoring, its performance is 89/100 for investing in real estate and 100/100 for housing.

This cosy flat within this new development guarantees you to choose a high value apartment which offers great benefits such as : comfortable and bright interior areas , an excellent level of equipment with reversible air conditioning, thermodynamic water heater, double glazing, high-performance acoustic insulation, increased insulation, energy-efficient housing and all-electric , all in a luxury building in the city centre.

As for its market position its selling price remains positively very good for a new build property with these characteristics, and an address in Funchal.

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

Property information

  • Reversible air conditioning
  • Thermodynamic water heater
  • Double glazing
  • High-performance acoustic insulation
  • Increased insulation
  • Energy-efficient housing
  • All-electric
  • Built-in closets
  • Fully fitted kitchen
  • Home automation
  • Dressing room
  • Extractor hood
  • Furnished bathroom
  • Basement storage
  • Parking spaces : 1
  • Balcony
  • Terrace
  • Swimming pool in the condominium
  • Number of units in the building : 28
  • Number of floors : 6
  • Concierge
  • Home cleaning
  • Gated community
  • Private residence
  • Shops
  • Building style : Modern
  • Building condition : New build
  • Construction year : 2022
  • Facade of the building : New
  • Structure : Concrete structure
  • Roof : New
  • Quality level : Luxury building
  • Condominium management : Under establishment
  • Common areas : New
  • Gated community
  • Number of flats : 49

About the new development

Last Units Completed
New-build flats in Sé - Funchal
Private development
From 500.000€ LivingInvestment
  • From 0 to 3 bedrooms
  • Areas from 96 to 443 sqm

59% of units sold

See all units for sale in this real estate development

Type Area Floor Bedrooms Bathroom Price Compare
Flat 96 sqm 3 1 1 525.000€ View more
Flat 112 sqm 1 1 1 575.000€ View more
Flat 111 sqm 1 1 1 575.000€ View more
Flat 111 sqm 3 1 1 600.000€ View more
Flat 111 sqm 3 1 1 600.000€ View more
Flat 162 sqm 4 1 1 650.000€ View more
Flat 225 sqm 2 2 2 1.100.000€ View more
Flat 191 sqm 2 2 2 1.200.000€ View more
Flat 302 sqm 6 2 2 3.100.000€ View more
Flat 443 sqm 6 2 2 3.300.000€ View more
Flat 210 sqm 2 3 3 1.300.000€ View more
Flat 258 sqm 1 3 3 1.350.000€ View more
Flat 238 sqm 1 3 3 1.450.000€ View more
Flat 262 sqm 3 3 3 1.550.000€ View more
Flat 238 sqm 2 3 3 1.550.000€ View more
Flat 238 sqm 3 3 3 1.650.000€ View more
Flat 238 sqm 4 3 3 1.750.000€ View more
Flat 238 sqm 5 3 3 1.850.000€ View more
Flat 404 sqm 4 3 3 2.300.000€ View more
Flat 291 sqm 2 3 3 2.400.000€ View more
  • Current project status : Under construction
  • Delivery : 4th quarter 2022

The project is expected to be complete by the 4th quarter of 2022 and is currently under construction, reaching the close-out stage.


  • District : Madeira Island
  • Municipality : Funchal
  • Parish :
  • The address: In an area known for its excellent lifestyle

  • The neighbourhood's strengths : Easy access, Green areas, Golf, Marina, AirPort, Shops, Close to the beach, Public transports, City centre, Schools, Hospital, Pharmacy, Tennis club, Bank, Police
  • Features : Seaside
  • Lifestyle : Seaside, In the city

Located on the island of Madeira, Funchal is the largest city in the Portuguese archipelago. With a population of around 112,000 inhabitants, Funchal is a popular destination for tourists from around the world due to its mild climate and breathtaking natural landscapes.

Funchal is known for its historic old town, which is filled with cobblestone streets, colorful buildings, and lush gardens. Visitors can discover the city's history by visiting the Funchal Cathedral or strolling through the city's fruit and vegetable market, which was built in 1940.

Funchal is also a popular spot for outdoor activities. Hikers can explore the surrounding mountains and coastal trails, while water sports enthusiasts can enjoy the sea through activities such as diving and sailing. Funchal's botanical gardens, which house over 2,000 species of plants, are also a popular sightseeing spot for nature lovers.

Real estate in Funchal offers a wide variety of properties. Traditional stone houses, with their colorful facades and tiled roofs, are common in the city's historic center. Modern apartments with sea views and spacious holiday homes are also available, offering accommodation options for permanent residents and visitors.

In terms of the real estate market, Funchal is a developing city. The real estate sector has experienced growth in recent years, thanks to the increasing demand for vacation homes and retirement housing. Real estate prices vary depending on location, size, and property condition, but they generally remain affordable compared to other popular tourist destinations.

In summary, Funchal is a charming city with a wealth of history, culture, and natural beauty. With a developing real estate market and accommodation options for all tastes and budgets, Funchal is an attractive destination for those looking to buy property in a dynamic and expanding seaside 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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