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New build 2-bedroom apartment for sale in Funchal (São Martinho), 617 sqm, top floor in a luxury residence with elevator - Madeira Island

New developments São Martinho
2.500.000€   4.052€/sqm

2-bedroom apartment for sale in new development in São Martinho - Funchal

  • Bedrooms 2
  • Bathrooms 2
  • Gross surface 617 sqm
  • Outdoor area 492 m²
  • Floor 8 on 8
  • Energy B

It is our pleasure to present this new property for sale in a privileged living environment by the sea in Funchal, Portugal, a luxury residence ideal for living seaside and in the city.

With this 2-bed apartment with a total gross surface area of 617 sqm you will enjoy the comforts of a new development in Funchal.

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

The apartment offers 2 bedrooms, 2 bathrooms and one guest toilet. This apartment is easy to live in and has an optimised floor plan.

The apartment is composed as follows a living and dining room of 43.40 sqm solar exposure south with terrace of 92.9 sqm and a beautiful open kitchen of 14.45 sqm with terrace for your meals. And also hallway with storage / closets of 15.80 sqm, laundry of 5.30 sqm, hallway of 3.50 sqm, cellar / storage space of 20 sqm, garage of 32 sqm.

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

In the sleeping area, you will find : a comfortable master bedroom of 21.30 sqm solar exposure south with terrace and a shower room with toilet, en suite bedroom of 24.20 sqm solar exposure south with terrace and a shower room with toilet.

The project has been very well designed in order to provide maximum comfort and convenience to the owners : 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 492 sqm, which offers a space always very appreciated when buying a house.

What will make you fall in love?

A flat with a modern style, well-equipped, a beautiful finishes, built with quality materials. Also take advantage of a private pool to spend good times with family or friends.

The property is sold with 2 parking spaces. And it also includes one storage space.

This exceptional top floor flat is suitable for a real estate purchase as part of of a real estate investment or a primary or secondary residence.

To view or find out more about this property, get in touch with our experts!

Did you know that? With TAGUS NOVO, you benefit from the support of experts in the field of new construction to easily carry out your real estate project in Portugal. 100% free service.

*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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  • Reference : SRM-143-T2-P8-BLOCO-E
  • Property type : flat
  • Style : Modern
  • Property condition : New build
  • Rooms : 3
  • Bedrooms : 2
  • Bathroom : 2
  • Total surface : 617 m²
  • Outside surface : 492 m²
  • Floor number : 8
  • Floor : Top floor
  • Solar exposure : North / South / East
  • Construction year : 2024
  • Price : 2.500.000€
  • Price per sqm : 4.052€/sqm
  • Property in condominium : Yes
  • Parking spaces : 2


  • Luxury
  • Lift
  • Garage
  • Private pool : 53,70qm
  • Balcony
  • Garden
  • Terrace
  • Penthouse
  • En suite bedroom
  • Exceptional top floor flat
  • Panoramic views
  • Clear views
  • Ocean views
  • Beautiful finishes
  • Armoured door
  • Video surveillance
  • Videophone
  • Bright and luminous
  • High level of interior comfort
  • Gated community
  • Within walking distance to the beach

The condominium

This new build property (reference: SRM-143-T2-P8-BLOCO-E) is part of a latest development of new homes in Funchal, Madeira Island, in Portugal.

A new residence of 147 homes located in a highly sought-after location of São Martinho municipality, within walking distance to the beach.

Its architecture perfectly fits the surrounding neighbourhoods 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 without parking space. And for the residents' comfort, you can benefit from its magnificent private pool.

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 management of the condo is under establishment, and the condominium fees are estimated at 617€/month.

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

If you are looking for a exceptional top floor flat or a flat for your vacations in Portugal, this property is for you!

Visit our page dedicated to this latest development of new homes 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 ?

We tell you why it's a good choice if you decide to invest in a new development in São Martinho neighbourhood.

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 materials, its interior layout, and the quality of the environment.

It is important to note that, according to our evaluation, its performance is 95/100 for investing in real estate and 100/100 for a primary residence.

This exceptional top floor flat within this new development guarantees you to choose a top quality flat which offers great benefits such as : high level of interior comfort, an excellent level of equipment with reversible air conditioning, double glazing, high-performance acoustic insulation, efficient thermal insulation and all-electric , all in a luxury residence within walking distance to the beach.

As for its market position its selling price is truly good compared to other properties on the market for a new build property with these characteristics, and a prime location in Funchal municipality.

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

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Property information

  • Living and dining room of 43.40 sqm solar exposure south with terrace of 92.9 sqm
  • Open kitchen of 14.45 sqm with terrace
  • Master bedroom of 21.30 sqm solar exposure south with terrace and a shower room with toilet
  • En suite bedroom of 24.20 sqm solar exposure south with terrace and a shower room with toilet
  • Bathroom of 2.30 sqm
  • 1 guest toilet
  • Hallway with storage / closets of 15.80 sqm
  • Laundry of 5.30 sqm
  • Hallway of 3.50 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
  • Private rooftop terrace
  • Private pool : 53,70qm
  • 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


  • 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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