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An incredible new build 2-bedroom apartment for sale in a new developments in Funchal (São Martinho / Madeira Island)

New developments São Martinho
1.100.000€   3.333€/sqm

Double-sided flat for sale in new development in São Martinho - Funchal

  • Bedrooms 2
  • Bathrooms 2
  • Gross surface 330 sqm
  • Outdoor area 174 m²
  • Floor 4 on 8
  • Energy B

This new-build apartment reference: SRM-77-T2-P4-BLOCO-F is part of a new development in Funchal in Madeira Island.

The flat is situated in a luxury residence just steps from the beach in Funchal's most sought-after neighbourhood. Nestled on the 4º floor of a 8-storey modern building with elevator.

This 2-bedroom apartment with 330 sqm (3 rooms, 3 bathrooms) will seduce you with its floor plan and characteristics.

The orientation north and south provides light into the property.

This well-presented accommodation in brief comprises : entrance hall of 2.05 sqm, living and dining room of 58.65 sqm, kitchen of 19.30 sqm, laundry of 6.16 sqm, separate toilet of 2.35 sqm, hallway of 2.50 sqm, master bedroom of 19.20 sqm, bathroom master bedroom of 5.75 sqm, en suite bedroom of 17.15 sqm, bathroom in ensuite bedroom of 3.45 sqm, terrace of 52.95 sqm, garden of 106.90 sqm, basement storage of 20 sqm, garage of 32 sqm.

The major asset of this new home: with lots of privacy.

The apartment has 2 en-suite bedrooms. All en-suites have built-in closets, a private bathroom / shower room, and access to the terrace.

The apartment is also equipped with a fully equipped kitchen, home automation and furnished bathrooms. And for your comfort and security: 24h concierge, home cleaning, secured residence, private residence with armoured door and videophone, and plenty of commerce in the area.

You will benefit from a optimal living comfort, excellent equipments and beautiful finishes: reversible air conditioning, double glazing, high-performance acoustic insulation, efficient thermal insulation and all electric .

Sold with box for 2 vehicles and 1 basement storage.

Do not miss this new seaside and urban property in Funchal, a must in Madeira Island!


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  • Reference : SRM-77-T2-P4-BLOCO-F
  • Property type : flat
  • Style : Modern
  • Property condition : New build
  • Rooms : 3
  • Bedrooms : 2
  • Bathroom : 2
  • Total surface : 330 m²
  • Outside surface : 174 m²
  • Floor number : 4
  • Floor : Intermediate floor
  • Solar exposure : North / South
  • Construction year : 2024
  • Price : 1.100.000€
  • Price per sqm : 3.333€/sqm
  • Property in condominium : Yes
  • Parking spaces : 2


  • Luxury
  • Lift
  • Parking space
  • Garage
  • Swimming pool in the condominium
  • Balcony
  • Garden
  • Terrace
  • En suite bedroom
  • Double-sided flat
  • Ocean views
  • Clear views
  • Ocean views
  • Beautiful finishes
  • Armoured door
  • Videophone
  • Bright and luminous
  • Optimal living comfort
  • Gated community
  • Just steps from the beach

The condominium

This magnificent apartment (reference: SRM-77-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 under establishment, with expenses estimated at 330€/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

Would you be interested in this new real estate acquisition?

Here are the criteria to consider for this investment in the Lido real estate program in Funchal.

Whether you are looking for a primary residence, a second home, or a rental investment, this apartment is an excellent choice for the purchase of a new property in Portugal.

Its quality of construction, room layout, and location make it an attractive option.

Moreover, according to our evaluation, its performance reaches 95/100 for a real estate investment and 100/100 for a primary residence.

This double sided apartment assures you of choosing a residence classified as a luxury property, offering a multitude of advantages such as optimal living comfort, an excellent level of equipment including reversible air conditioning, double-glazed windows, high performance acoustic insulation, optimized thermal insulation and a complete electrical supply. All this in a privileged setting just a stone's throw from the beach.

As far as its market positioning is concerned, its selling price is extremely attractive for a new property of this quality and located in Funchal.

What more can you ask for?

Do not hesitate to contact us to reserve this apartment 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
  • Swimming pool in the condominium
  • 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 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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