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Luxury development with front sea view in Funchal - new apartments with garages and terrace, Madeira island

São Martinho
From 650.000€ to 3.500.000€
LivingInvestment Private development
Under construction Delivery: 1st quarter 2024 Last Units

Unique apartments in Madeira, beautiful ocean views

TAGUS NOVO proudly presents the newest luxury project in Funchal, which combines tradition and elegance in a unique area of the city. The condominium is situated by the sea and just a few steps away from the beaches, restaurants, and shops, offering an ideal location in one of the most sought-after areas in the Lido (São Martinho) neighborhood. This is a quality development for those seeking to acquire a new property with a high-quality beachfront living environment in Funchal.

Comprised of 6 luxurious residential buildings of 8 floors with contemporary style, the residential building with ground floor shops offers a total of 147 units available for sale. Among the options, there are different types of new apartments with typologies ranging from T1 to T4 bedrooms, with areas between 88 and 309 m2. Most apartments have large balconies and terraces, where one can relax and enjoy the atmosphere of the city of Funchal.

All apartments have been thoughtfully designed to offer maximum comfort to their residents, with the suite area offering tranquility and privacy. The luxury services and refined materials are other highlights of these apartments.

The development is positioned in the new construction market with sale prices ranging from €650,000 to €3,500,000. This beachfront condominium is the perfect place for those seeking a unique and exclusive lifestyle in Funchal.

Don't waste any more time and come discover what this luxury development can offer you!

The benefits
  • Close to Funchal Airport (Madeira)
  • Seaside residential neighbourhood
  • Ideal for a primary residence
  • In a sought-after municipality where life is pleasant
  • A privileged seaside location
  • Closed and secured condominium
  • Within walking distance to beaches, restaurants and shops
  • Close to the beaches
  • Modern architecture
  • Ideal for a second home by the sea
  • Close to all amenities
  • Living environment combining design, comfort and well-being
  • Swimming pool in the condominium
  • Garage with individual boxes
  • Residence with 24-hour security
  • Concierge service
  • Small shops / mini-markets
  • Overhead parking
  • Storage areas
  • Superb landscaped area with green areas
  • Fitness room
  • Videophone
  • Rental management
  • Reception services
  • Private and closed parking
  • Balconies, terraces or gardens

Expert's word

This exquisite development comprises of several buildings and a total of 147 apartments with 1 to 4 bedrooms, and is ideally located in the sought-after Lido area of São Martinho, just steps away from the beach, restaurants, and shops. These new apartments are of the highest quality and comfort, featuring outstanding luxurious amenities, including abundant natural light, spacious and functional living spaces, optimised large areas, double orientation for most apartments, living rooms with balconies or terraces, generous outdoor spaces, elevators, and magnificent sea views in a luxurious condominium.

This development has no equal on Madeira Island: luxury, frontal ocean view, big private terraces, common gardens, garages, privileged location, 1h30 from Lisbon.

Whether you are seeking a primary residence, a holiday home, or an investment property in Madeira, there is no doubt that this new development will give you peace of mind. Don't hesitate to visit this development without delay!

Features of the housing

  • Bright and luminous
  • Functional
  • Two solar exposure for most of the homes
  • Bright living rooms with outdoor spaces
  • Generous outdoor areas
  • Lift
  • Spacious
  • Generous and optimised surface areas
  • Living rooms with balconies, terraces or gardens
  • Living rooms with balconies / terraces
  • Large terraces
  • Beautiful ocean/sea views from most properties

Available units : 20

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
Show all units sold
  • 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

  • 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.

Environment : Easy daily life with everything nearby, Shops in the street, Supermarkets, Weekly market, Bakery, Mall / Shopping, Restaurants, Coffee shops / Bars, Full educational options in the neighbourhood, Well covered by public transport, Numerous sports facilities, Municipal swimming pool, Water sports, Sailing, Tennis Club, Nightlife, Cinema, Marina, Library, Historic buildings, Green areas in the neighbourhood, Nearby park, Post office, Banks, Cash dispenser, Pharmacy, Hospitals, Private clinic, Doctors, Health centre

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