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New build 3 bedrooms apartment for sale in Funchal, 307 sqm, 5th floor in a luxury residence with elevator - Portugal

New developments São Martinho
1.300.000€   4.235€/sqm

New build apartment for sale with 3 bedrooms in new development in Funchal in a privileged living environment


  • Bedrooms 3
  • Bathrooms 3
  • Gross surface 307 sqm
  • Outdoor area 59 m²
  • Floor 5 on 8
  • Energy B

Don't miss this new property for sale in a private condominium in a privileged living environment in Lido if you want to live in Portugal in an environment seaside and in the city.

With this 3-bed apartment with a total gross surface area of 307 sqm you will enjoy the comforts of a new development in Funchal.

The apartment is located on the 5th floor of a modern 8-storey building with elevator in a private condominium.

The apartment has 3 bedrooms, 3 bathrooms and one guest toilet. This apartment is straightforward to live in and has an optimised layout.

Composed as follows a living and dining room of 77.30 sqm solar exposure north with terrace of 32.70 sqm and a lovely open kitchen of 18.25 sqm with terrace for your meals. And also hallway with storage / closets of 14.60 sqm, laundry of 5.20 sqm, office of 12.90 sqm, cellar / storage space of 20 sqm, garage of 57 sqm.

On the inside, a home designed to benefit from good luminosity thanks to north and south exposure. You will also appreciate its panoramic views.

In the night area, you will find : a comfortable master suite with dressing room of 21.70 sqm solar exposure south with terrace and a shower room with toilet, en suite bedroom of 20 sqm solar exposure north with terrace and a shower room with toilet, en suite bedroom of 22.45 sqm solar exposure north with balcony and a shower room with toilet.

The project has been very well equipped in ordrer to provide maximum comfort : reversible air conditioning, double glazing, high-performance acoustic insulation, efficient thermal insulation and all-electric .

Equipment also includes built-in closets, fully fitted kitchen, home automation and furnished bathroom.

Outside you have a surface of 59 sqm, that is always highly prized in the housing market.

What will make you fall in love with this new property in São Martinho?

A flat with a modern style, well-equipped, a high quality property, built with quality materials. Also take advantage of a swimming pool in the condominium to spend good times with family or friends.

The property is sold with 3 parking spaces. And it also includes one storage space.

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

Don't wait any longer, get in touch with our advisors!

Did you know that? With TAGUS NOVO, you can easily compare new homes and find the one that meets all your criteria.

*Features and price subject to confirmation and images for illustrative purposes only.

Agency fees are included in the price. Ten year builder's warranty is also included.

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Property

  • Reference : SRM-86-T3-P5-BLOCO-E
  • Property type : flat
  • Style : Modern
  • Property condition : New build
  • Rooms : 4
  • Bedrooms : 3
  • Bathroom : 3
  • Total surface : 307 m²
  • Outside surface : 59 m²
  • Floor number : 5
  • Floor : Intermediate floor
  • Solar exposure : North / South
  • Construction year : 2024
  • Price : 1.300.000€
  • Price per sqm : 4.235€/sqm
  • Property in condominium : Yes
  • Parking spaces : 3


Amenities

  • Luxury
  • Lift
  • Parking space
  • Garage
  • Swimming pool in the condominium
  • Balcony
  • Garden
  • Terrace
  • En suite bedroom
  • Double-sided flat
  • Panoramic views
  • Clear views
  • Ocean views
  • High quality property
  • Armoured door
  • Video surveillance
  • Videophone
  • Bright and luminous
  • Comfortable and bright interior areas
  • Gated community
  • Within walking distance to beaches, restaurants and shops

The condominium

This new build apartment (reference: SRM-86-T3-P5-BLOCO-E) is part of a property development in Funchal, Madeira Island, in Portugal.

A brand new development of 147 units located in a prime location of São Martinho municipality, within walking distance to beaches, restaurants and shops.

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

This private condominium provides all occupants with quality amenities: concierge, home cleaning, gated community, private residence and shops, garage with parking space. And for the residents' comfort, you can benefit from its magnificent swimming pool in the condominium.

You will have access to many places of interest nearby. And also (easy access, green areas, marina, airport, shops, beach, public transports, city centre, schools, hospital, pharmacy, tennis club and bank).

The co-ownership management is under establishment, and the condominium fees are estimated at 307€/month.

This new condominium is undoubtedly ideal for seaside and in the city living in Funchal in a pleasant environment.

If you are looking for a double-sided flat or an apartment for your vacations in Portugal, this property is for you!

Visit our page dedicated to this new real estate development to learn about the residence, its services and its neighbourhood.

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Expert's word

Are you interested in investing in a new build flat and are looking for a suitable property in Funchal ?

Here is what you need to know about this property if you decide to invest in real estate in São Martinho area.

Whether you are looking for a primary residence, vacation home or even a rental investment in Portugal, there is no doubt, that this flat is a very good address for a new home purchase in Funchal.

As well as by the quality of the finishes, its floor plan, and the quality of the condominium.

It should be noted that, according to our evaluation, its performance is 95/100 for investing in real estate and 100/100 for living.

This double sided apartment in the SAVOY RESIDENCE MONUMENTALIS's new development allows you to buying a luxury property which offers many assets, comfortable and bright interior areas , an excellent level of equipments with reversible air conditioning, double glazing, high-performance acoustic insulation, efficient thermal insulation and all electric , all in a luxury residence in the city centre.

So is it a good choice? It should be noted that its selling price remains very attractive for a new build property with these characteristics, and its location in Funchal.

Don't miss this fantastic opportunity! Contact us the reserve this property.

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Property information


  • Living and dining room of 77.30 sqm solar exposure north with terrace of 32.70 sqm
  • Open kitchen of 18.25 sqm with terrace
  • Master suite with dressing room of 21.70 sqm solar exposure south with terrace and a shower room with toilet
  • En suite bedroom of 20 sqm solar exposure north with terrace and a shower room with toilet
  • En suite bedroom of 22.45 sqm solar exposure north with balcony and a shower room with toilet
  • Bathroom of 3.05 sqm
  • 1 guest toilet
  • Hallway with storage / closets of 14.60 sqm
  • Laundry of 5.20 sqm
  • Office of 12.90 sqm
  • Cellar / Storage space of 20 sqm
  • Garage of 57 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 : 3
  • Garden
  • Balcony
  • Terrace
  • Swimming pool in the condominium
  • Number of units in the building : 28
  • Number of floors : 8
  • Concierge
  • Home cleaning
  • Gated community
  • 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




Neighbourhood

  • District : Madeira Island
  • Municipality : Funchal
  • Parish : São Martinho
  • Neighborhood : Lido
  • The address: In a privileged living environment

  • 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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