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2-bedroom apartment for sale in a new development in Funchal (São Martinho), 255 sqm, 4th floor - Madeira Island

New developments São Martinho
950.000€   3.725€/sqm

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

  • Bedrooms 2
  • Bathrooms 2
  • Gross surface 255 sqm
  • Outdoor area 135 m²
  • Floor 4 on 8
  • Energy B

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

Enjoy the comfort of new construction in a privileged living environment by the sea with this 2-bedroom apartment with a total gross area of 255 sqm.

The apartment is nestled 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 4.10 sqm, living and dining room of 31.15 sqm, kitchen of 8.40 sqm, laundry of 4.25 sqm, separate toilet of 2.90 sqm, hallway of 3.40 sqm, master bedroom of 21.95 sqm, bathroom master bedroom of 6.15 sqm, en suite bedroom of 17.82 sqm, bathroom in ensuite bedroom of 3.30 sqm, terrace of 47.25 sqm, garden of 60.95 sqm, basement storage of 20 sqm, garage of 32 sqm.

With a total of 2 bedrooms, 2 bathroom(s) and 1 guest toilet.

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

In the night area of your apartment, you will find bedrooms equipped with built-in closets, a private bathroom / shower room and direct access to the terrace.

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.

The green areas have been particularly well cared for and you will enjoy a private garden of 60.95 sqm and a private pool of 23.55 sqm.

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

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

Sold with one box for 2 vehicles and 1 storeroom.

This property is suitable for a real estate purchase as part of a rental investment 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-75-T2-P4-BLOCO-F
  • Property type : flat
  • Style : Modern
  • Property condition : New build
  • Rooms : 3
  • Bedrooms : 2
  • Bathroom : 2
  • Total surface : 255 m²
  • Outside surface : 135 m²
  • Floor number : 4
  • Floor : Intermediate floor
  • Solar exposure : South
  • Construction year : 2024
  • Price : 950.000€
  • Price per sqm : 3.725€/sqm
  • Property in condominium : Yes
  • Parking spaces : 2


  • Luxury
  • Lift
  • Parking space
  • Garage
  • Private pool : 23,55qm
  • Balcony
  • Garden
  • Terrace
  • En suite bedroom
  • 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 magnificent apartment (ref: SRM-75-T2-P4-BLOCO-F) 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 being set up, with expenses estimated at 255€/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 apartment in a development in Funchal ?

TAGUS NOVO presents suggestions for those who wish to invest in a property in the new development located in São Martinho. Whether for your main home, second residence or as a real estate investment in Portugal, we affirm that this apartment represents a perfect option for the acquisition of a new residence in Funchal, due to the quality of materials, optimization of spaces and potential for future appreciation.

In fact, according to our evaluation, the performance of this property in relation to several quality criteria reaches 95/100 for investment and 100/100 for main residence.

This apartment with terrace and private pool in a luxury development guarantees an unparalleled 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
  • All-electric
  • Built-in closets
  • Fully fitted kitchen
  • Home automation
  • Furnished bathroom
  • Basement storage
  • Parking spaces : 2
  • Garden
  • Balcony
  • Terrace
  • Private pool : 23,55qm
  • Number of units in the building : 24
  • Number of floors : 8
  • Concierge
  • Home cleaning
  • 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 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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