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New build modern apartment with terrace and swimming pool for sale in São Martinho (Funchal), 660 sqm, 2 bedrooms, 8th floor, building with parking close to the city centre

New developments São Martinho
2.500.000€   3.788€/sqm

Modern apartment with terrace and swimming pool for sale in new development in São Martinho

  • Bedrooms 2
  • Bathrooms 2
  • Gross surface 660 sqm
  • Outdoor area 527 m²
  • Floor 8 on 8
  • Energy B

Discover this new build flat for sale in Funchal, in Portugal, in a completely private and exclusive new development close to the city centre.

Enjoy the comfort of new construction in a privileged living environment by the sea with this 2-bed apartment with a total gross area of 660 sqm.

The apartment is located on the top 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 45.85 sqm solar exposure south / west with a terrace of 157.70 sqm, open kitchen of 11.85 sqm with terrace, entrance hall with storage/closets of 12.45 sqm, guest toilet of 2.20 sqm, hallway of 3.30 sqm, laundry room of 3.40 sqm, planted areas of 162.70 sqm, solarium deck of 64.20 sqm, basement storage of 20 sqm, and garage of 32 sqm.

With a total of 2 bedrooms : a master bedroom of 20.90 sqm solar exposure south with terrace and a shower room with toilet, en suite bedroom of 24.35 sqm solar exposure north / west with terrace and a shower room with toilet. You will find bedrooms equipped with built-in closets and the master bedroom with a walk-in closet/dressing room.

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

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, a high quality property and built with quality materials.

Sold with box for 2 cars and a basement storage.

This property is suitable for a real estate purchase as part of a investment in real estate 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-138-T2-P8-BLOCO-E
  • Property type : flat
  • Style : Modern
  • Property condition : New build
  • Rooms : 3
  • Bedrooms : 2
  • Bathroom : 2
  • Total surface : 660 m²
  • Outside surface : 527 m²
  • Floor number : 8
  • Floor : Top floor
  • Solar exposure : North / South / West
  • Construction year : 2024
  • Price : 2.500.000€
  • Price per sqm : 3.788€/sqm
  • Property in condominium : Yes
  • Parking spaces : 2


  • High-class flat
  • Lift
  • Garage
  • Private pool : 53,70qm
  • Balcony
  • Garden
  • Terrace
  • Penthouse
  • En suite bedroom
  • Modern apartment with terrace and swimming pool
  • Panoramic views
  • Clear views
  • Ocean views
  • High quality property
  • Armoured door
  • Video surveillance
  • Videophone
  • Bright and luminous
  • High level of interior comfort
  • Gated community
  • Close to the city centre

The condominium

This new build property (reference: SRM-138-T2-P8-BLOCO-E) is part of a new construction project in Funchal, Madeira Island, in Portugal.

A new residence of 147 homes located in a highly sought-after location of São Martinho municipality, close to the city centre.

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 co-ownership management is under establishment, and the condominium fees are estimated at 660€/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 modern apartment with terrace and swimming pool 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 this new build flat in São Martinho ?

We tell you why it's a choice to consider if you decide to invest in real estate in São Martinho area.

Whether you are looking for a primary residence, an investment property, there is no doubt that this apartment is an excellent choice for a new home purchase in Funchal, Portugal.

As well as by the quality of the finishes, its interior layout, and the quality of the environment.

It is important to note that, according to our study, its performance is 95/100 for an investment and 100/100 for housing.

This modern apartment with terrace and swimming pool within this new development guarantees you to choose a high quality property 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 close to the city centre.

As for its market position its selling price remains strongly very good for a new build property with these characteristics, and located in Funchal municipality.

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

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Property information

  • Living and dining room of 45.85 sqm solar exposure south / west with terrace of 157.70 sqm
  • Open kitchen of 11.85 sqm with terrace
  • Master bedroom of 20.90 sqm solar exposure south with terrace and a shower room with toilet
  • En suite bedroom of 24.35 sqm solar exposure north / west with terrace and a shower room with toilet
  • Bathroom of 2.20 sqm
  • 1 guest toilet
  • Hallway with storage / closets of 12.45 sqm
  • Laundry of 3.40 sqm
  • Hallway of 3.30 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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