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New build 3 bedroom flat for sale in Funchal, 165 sqm, 5th floor with parking space, luxury residence between ocean and city

New developments São Martinho
920.000€   5.576€/sqm

New build 3 apartment for sale in a privileged living environment by the sea in Funchal


  • Bedrooms 3
  • Bathrooms 3
  • Gross surface 165 sqm
  • Outdoor area 35 m²
  • Floor 5 on 8
  • Energy A

Don't miss this new property for sale in a luxury residence in a privileged living environment by the sea in Funchal 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 165 sqm (130 sqm of living area) you will enjoy the comforts of a new development in Funchal.

The property is located on the 5th floor of a modern 8-storey building with elevator in a luxury residence with a pool and garden.

The apartment offers 3 bedrooms and 3 bathrooms. This apartment is straightforward to live in and has an optimised floor plan.

The property comprises a living and dining room of 42.19 sqm solar exposure south / west with terrace of 28.51 sqm and a beautiful kitchen of 12.97 sqm with terrace of 28.51 sqm for your meals. And also cellar / storage space, parking space.

On the inside, a home designed to benefit from optimal brightness thanks to north / east and south / west exposure. You will without a doubt appreciate its ocean views.

The night area includes : a cozy master suite with dressing room of 20.53 sqm solar exposure south / west with terrace of 28.51 sqm and a shower room with toilet, en suite bedroom of 10.99 sqm solar exposure north / east with balcony of 5.05 sqm and a bathroom with a toilet, bedroom with closet of 11.01 sqm solar exposure north / east with balcony of 5.05 sqm.

The project has been very well equipped in order to provide maximum comfort and convenience to the owners : individual heat pump heating, reversible air conditioning and double glazing.

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

Outside, a surface of 35 sqm, that is always highly prized in the housing market.

What will make you fall in love with this new-build property in Funchal?

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

It comes with 2 parking spaces. And also with 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.

A must see. Get in touch with our new home experts!

Did you know? 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 and the developer's ten year warranty is also included.

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Property

  • Reference : TN-FB-T3-503
  • Property type : flat
  • Style : Modern
  • Property condition : New build
  • Rooms : 4
  • Bedrooms : 3
  • Bathroom : 3
  • Total surface : 165 m²
  • Living area : 130 m²
  • Outside surface : 35 m²
  • Floor number : 5
  • Floor : Intermediate floor
  • Solar exposure : North / East / South / West
  • Construction year : 2025
  • Price : 920.000€
  • Price per sqm : 5.576€/sqm
  • Property in condominium : Yes
  • Parking spaces : 2


Amenities

  • Luxury
  • Lift
  • Parking space
  • Garage
  • Swimming pool in the condominium
  • Balcony
  • Terrace
  • En suite bedroom
  • Seaside flat
  • Ocean views
  • Clear views
  • Ocean views
  • High-quality finishes
  • Armoured door
  • Videophone
  • Bright and luminous
  • High level of interior comfort
  • Gated community
  • Between ocean and city

The condominium

This new build apartment (reference: TN-FB-T3-503) is part of a real estate development in Funchal, Madeira Island, in Portugal.

A new condominium of 89 properties located in a most sought-after residential neighbourhood of São Martinho municipality, between ocean and city.

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 luxury residence with a pool and garden provides all occupants with quality amenities: private residence, 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 green areas, marina, airport, shops, beach, city centre, schools, hospital, pharmacy and bank.

The co-ownership management is not established, and the condominium fees are estimated at 165€/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 seaside flat or an apartment for your vacations in Portugal, this property is for you!

Visit our page dedicated to this new construction project 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 São Martinho?

Follow the advice of your TAGUS NOVO expert 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 excellent 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 residence.

It should be noted that, according to our evaluation, its performance is 89/100 for an investment and 100/100 for living.

This seaside flat 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 individual heat pump heating, reversible air conditioning and double glazing, all in a luxury residence between ocean and city.

As for its market position its selling price is indubitably 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 the reserve this property.

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Property information


  • Living and dining room of 42.19 sqm solar exposure south / west with terrace of 28.51 sqm
  • Kitchen of 12.97 sqm with terrace of 28.51 sqm
  • Master suite with dressing room of 20.53 sqm solar exposure south / west with terrace of 28.51 sqm and a shower room with toilet
  • En suite bedroom of 10.99 sqm solar exposure north / east with balcony of 5.05 sqm and a bathroom with a toilet
  • Bedroom with closet of 11.01 sqm solar exposure north / east with balcony of 5.05 sqm
  • Shower room with toilet of 4.24 sqm
  • Cellar / Storage space
  • Parking space
  • Individual heat pump heating
  • Reversible air conditioning
  • Double glazing
  • Built-in closets
  • Fully fitted kitchen
  • Furnished bathroom
  • Storage
  • Parking spaces : 2
  • Balcony
  • Terrace
  • Covered terrace
  • Swimming pool in the condominium
  • Number of units in the building : 89
  • Number of floors : 8
  • Private residence
  • Building style : Modern
  • Building condition : New build
  • Construction year : 2025
  • Facade of the building : New
  • Structure : Concrete structure
  • Roof : New
  • Quality level : Luxury residence
  • Condominium management : Not established yet
  • Common areas : New
  • Gated community
  • Number of flats : 89




About the new development

Project status

Pre-launch Sales Under construction Delivered
Last Units Delivery: 4th quarter 2025
Private development
Madeira Island

New build flats in São Martinho - Funchal
From 825.000€ LivingInvestment
  • From 2 to 3 bedrooms
    Areas from 160 to 247 sqm

78% of units sold



See all units for sale in this real estate development

Area Bedrooms Price
160 sqm 1 2 825.000€
182 sqm 0 2 910.000€
161 sqm 3 3 840.000€
165 sqm 2 3 845.000€
165 sqm 3 3 875.000€
165 sqm 4 3 885.000€
165 sqm 4 3 890.000€
165 sqm 5 3 915.000€
165 sqm 5 3 920.000€
179 sqm 1 3 925.000€
179 sqm 2 3 930.000€
184 sqm 1 3 945.000€
179 sqm 3 3 950.000€
205 sqm 1 3 1.040.000€
216 sqm 0 3 1.065.000€
217 sqm 0 3 1.070.000€
216 sqm 0 3 1.075.000€
216 sqm 0 3 1.075.000€
232 sqm 0 3 1.150.000€
247 sqm 0 3 1.190.000€

Construction status

Foundation Structure Roofing Interior Close-out Delivery
  • Current project status : Sales
  • Delivery : 4th quarter 2025

The project is expected to be complete by the 4th quarter of 2025 and is currently pre-launch, works starting in the 4th quarter of 2023.


Neighbourhood

  • District : Madeira Island
  • Municipality : Funchal
  • Parish : São Martinho
  • The address: In a privileged living environment by the sea

  • The neighbourhood's strengths : Green areas, Marina, AirPort, Shops, Beach, City centre, Schools, Hospital, Pharmacy, Bank
  • Features : Animated, Seaside, Shopping area, Cultural, Historical, Touristic, 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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