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An incredible new build 2 bedrooms apartment, 355 sqm, for sale in a new development in Lido - Portugal

New developments São Martinho
1.200.000€   3.380€/sqm

2 bedrooms and 2 bathrooms apartment for sale in new development in São Martinho


  • Bedrooms 2
  • Bathrooms 2
  • Gross surface 355 sqm
  • Outdoor area 156 m²
  • Floor 1 on 8
  • Energy B

This new-build apartment reference: SRM-17-T2-P1-BLOCO-C is part of a new development in Funchal.

The flat is in a location surrounded by nature, in one of the most sought-after neighbourhoods in Funchal.

Nestled on the 1º floor of a 8-storey modern building with elevator.

This 2-bedroom apartment with 355 sqm will seduce you with its features and its construction quality.

The apartment is composed as follows : entrance hall of 20.95 sqm, bathroom of 2.20 sqm, laundry of 6.40 sqm, kitchen of 10.90 sqm, living and dining room of 60.90 sqm, hallway of 10.80 sqm, suite bedroom of 21.05 sqm, bathroom in ensuite bedroom of 4.80 sqm, master bedroom of 20.50 sqm, bathroom master bedroom of 7.05 sqm, dressing room in master bedroom of 5.30 sqm, garage of 32 sqm, terrace of 100.60 sqm, basement storage of sqm.

The apartment has 2 good-sized bedroom suites. Both bedrooms have built-in wardrobes / closets, private bathroom / shower room, and the master bedroom a walk-in closet / closet.

The apartment is also equipped with a fully equipped kitchen and home automation. And for your security: 24h concierge and armoured door.

The major asset of this new home: a brand new flat with large terrace and ocean views.

Sold with box for 2 cars and 1 storage.

Do not miss this new urban seaside property in Funchal!

*PHOTOS OF THE SHOW APARTMENT

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Property

  • Reference : SRM-17-T2-P1-BLOCO-C
  • Property type : flat
  • Style : Modern
  • Property condition : New build
  • Rooms : 3
  • Bedrooms : 2
  • Bathroom : 2
  • Total surface : 355 m²
  • Living area : 199 m²
  • Outside surface : 156 m²
  • Floor number : 1
  • Floor : Intermediate floor
  • Solar exposure : South
  • Construction year : 2024
  • Price : 1.200.000€
  • Price per sqm : 3.380€/sqm
  • Property in condominium : Yes
  • Condominium fees : 355 € / month
  • Parking spaces : 2


Amenities

  • Luxury
  • Lift
  • Parking space
  • Garage
  • Swimming pool in the condominium
  • Terrace
  • En suite bedroom
  • Flat with large terrace
  • Ocean views
  • Clear views
  • Ocean views
  • High-quality finishes
  • Armoured door
  • Bright and luminous
  • High level of interior comfort
  • Gated community
  • Surrounded by nature

The condominium

This new build apartment (reference: SRM-17-T2-P1-BLOCO-C) is part of a new construction project in Funchal, Madeira Island, in Portugal.

A new residence of 147 units located in a prime location of São Martinho municipality, surrounded by nature.

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

This residence with pool and garden provides all occupants with quality amenities: concierge, gated community 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 management of the condo is under establishment, and the condominium fees are estimated at 355€/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 flat with large terrace or an apartment for your vacations in Portugal, this property is for you!

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

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Expert's word

Are you interested in buying this new build apartment in Funchal?

We tell you why it's a choice to consider if you want to invest in a new development in São Martinho area.

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

As well as by the quality of the construction, its floor plan, and the builder's warranty.

It should be noted that, according to our notation, its performance is 95/100 for a real estate investment and 100/100 for housing.

This flat with large terrace within this new development guarantees you to choose a premium 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 and efficient thermal insulation, all in a luxury residence surrounded by nature.

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

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

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Property information


  • Reversible air conditioning
  • Double glazing
  • High-performance acoustic insulation
  • Efficient thermal insulation
  • Built-in closets
  • Fully fitted kitchen
  • Home automation
  • Basement storage
  • Parking spaces : 2
  • Terrace
  • Swimming pool in the condominium
  • Number of units in the building : 28
  • Number of floors : 8
  • Concierge
  • Gated community
  • 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
  • Condominium fees : 355 € / month
  • 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 highly sought-after area

  • 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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