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An incredible new build one bedroom apartment for sale in Funchal in a new development - Portugal

São Martinho
Private development

New build 1-bedroom apartment for sale in Madeira Island

  • Bedrooms 1
  • Bathrooms 1
  • Gross surface 259 sqm
  • Outdoor area 145 m²
  • Floor 5 on 8
  • Energy B


  • Luxury
  • Lift
  • Garage
  • Swimming pool in the condominium
  • Balcony
  • Garden
  • Terrace
  • En suite bedroom
  • Cosy flat
  • Ocean views
  • Clear views
  • Ocean views
  • Beautiful finishes
  • Armoured door
  • Video surveillance
  • Videophone
  • Bright and luminous
  • Comfortable and bright interior areas
  • Gated community
  • Within walking distance to beaches, restaurants and shops

TAGUS NOVO proudly presents this new development within walking distance to beaches, restaurants and shops, and it could be your next address in Funchal in Madeira Island, Portugal!

Come and discover this new build 1-bedroom apartment with a total gross area of 259 sqm and buy a new property to the latest standards in a privileged living environment by the sea.

The flat is located on the 5º 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 : living and dining room of 40.30 sqm orientation south with a terrace of 46.10 sqm, open kitchen of 12.20 sqm with access to the terrace.

With a total of 1 bedroom, 1 bathroom and 1 guest toilet.

Push the door of your home and discover inside, a home pleasant to live and designed to offer plenty of beautiful light thanks to a south solar orientation.

In the night area of your apartment, you will find a bedroom equipped with built-in closets and its own 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, optimized spaces, well equipped, with beautiful finishes and built with quality materials. And to enjoy the sun swimming pool in the condominium !

Sold with one box for 2 vehicles and 1 store room.

This property is suitable for a real estate purchase as part of a rental investment or for a primary or secondary residence.

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


  • Reference : SRM-81-T1-P5-BLOCO-D
  • Property type : flat
  • Style : Modern
  • Property condition : New build
  • Rooms : 2
  • Bedrooms : 1
  • Bathroom : 1
  • Total surface : 259 m²
  • Floor number : 5
  • Floor : Intermediate floor
  • Solar exposure : South
  • Construction year : 2024
  • Price : 850.000€
  • Price per sqm : 3.282€/sqm
  • Property in condominium : Yes
  • Parking spaces : 2

The condominium

This magnificent apartment (ref: SRM-81-T1-P5-BLOCO-D) 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 $259/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.

Expert's word

Do you want to invest in an apartment under construction and are looking for a suitable property in the Funchal region?

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, a second residence or as a real estate investment in Portugal, we say that this apartment represents a perfect option for the acquisition of a new home 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 comfortable apartment in a luxury development guarantees an unrivalled choice, with numerous advantages including large spaces filled with natural light and excellent levels of amenities 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!

Property information

  • Living and dining room of 40.30 sqm solar exposure south with terrace of 46.10 sqm
  • Open kitchen of 12.20 sqm with terrace
  • Master bedroom of 22.70 sqm solar exposure south with terrace and a shower room with toilet
  • Entrance hall of 8.30 sqm
  • Hallway with storage / closets of 2.25 sqm
  • Laundry of 4.50 sqm
  • Cellar / Storage space of 20 sqm
  • Garage of 32 sqm
  • 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 : 28
  • 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

Last Units Delivery: 1st quarter 2024
New-build flats in Lido - Funchal
Private development
From 650.000€ LivingInvestment
  • From 1 to 4 bedrooms
  • Areas from 88 to 309 sqm

86% of units sold

See all units for sale in this real estate development

Type Area Floor Bedrooms Bathroom Price Compare
Flat 219 sqm 4 1 1 750.000€ View more
Flat 213 sqm 4 1 1 750.000€ View more
Flat 259 sqm 5 1 1 850.000€ View more
Flat 251 sqm 1 2 2 900.000€ View more
Flat 196 sqm 5 2 2 900.000€ View more
Flat 215 sqm 2 2 2 900.000€ View more
Flat 252 sqm 4 2 2 925.000€ View more
Flat 257 sqm 4 2 2 950.000€ View more
Flat 255 sqm 4 2 2 950.000€ View more
Flat 272 sqm 1 2 2 990.000€ View more
Flat 298 sqm 4 2 2 1.000.000€ View more
Flat 291 sqm 1 2 2 1.050.000€ View more
Flat 330 sqm 4 2 2 1.100.000€ View more
Flat 160 sqm 7 2 2 1.100.000€ View more
Flat 245 sqm 5 3 3 1.100.000€ View more
Flat 252 sqm 5 3 3 1.100.000€ View more
Flat 238 sqm 5 3 3 1.100.000€ View more
Flat 362 sqm 4 3 3 1.150.000€ View more
Flat 1153 sqm 8 3 3 3.300.000€ View more
Flat 671 sqm 8 4 4 3.200.000€ View more
  • 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, Close to the 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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