Funchal Municipality, Portugal

1-3 Bedrooms, New Build, Funchal

Project reference AAMA400

€425,000 - €825,000

  • Apartment
  • 1 - 3
  • 2 - 3
  • 64 - 136.6 sq m · €5,882 - €6,955/sq m
  • Dec 2026

This exceptional residential development offers an outstanding living experience at the heart of Funchal. Blending modernity, style, and functionality, it’s designed with young professionals, families, and investors in mind. Every detail has been crafted to meet high standards of quality, sustainability, and comfort. With a perfect balance of urban convenience and residential tranquillity, this is a unique opportunity in Madeira’s thriving property market.

Comprising 106 apartments across two six-storey buildings, this development features high-end finishes, fully equipped kitchens, and spacious layouts. Each apartment includes a balcony, with select units offering private gardens or terraces. Residents enjoy exclusive access to amenities such as a rooftop infinity pool, solarium, and breathtaking panoramic views of Funchal Bay. Sustainability is a core focus, with solar panels, heat pumps, and electric vehicle charging stations integrated throughout the property.

  • Central Funchal location, blending peace with convenience.
  • High-quality, sustainable design with modern finishes.
  • Strong demand for premium properties in the area.
  • Exclusive amenities, including rooftop pool and views.
  • Attractive to both buyers and renters, with good rental yield potential.

Santa Luzia offers the perfect balance of urban convenience and residential tranquillity. With easy access to essential services and panoramic views, it’s an ideal location for those seeking modern living in the heart of Funchal.

Advisers' opinion

Investment potential

Santa Luzia’s continued development makes it one of Funchal’s most sought-after areas, ensuring strong long-term value appreciation. The modern, sustainable design, paired with a prime location and exceptional amenities, positions this development as a compelling option for investors. Ongoing infrastructure improvements and rising demand for quality properties in central Funchal enhance its appeal. With versatile layouts catering to a wide range of buyers, from young professionals to families, it also offers significant rental yield potential.

Properties

4 properties
Reference Type Bedrooms Area Price Status
AAMA400-12 Apartment 2 93.5 sq m €550,000 Available
AAMA400-31 Apartment 3 136.6 sq m €825,000 Available
AAMA400-29 Apartment 1 64.7 sq m €450,000 Available
AAMA400-58 Apartment 1 64 sq m €425,000 Available

About the location

Located in the rapidly developing Santa Luzia area, this contemporary project enjoys an unbeatable central position in Funchal. Residents benefit from proximity to essential services, including schools, healthcare, restaurants, and shops, all within walking distance. The area offers a serene environment, ideal for those seeking peace and tranquillity without compromising on urban convenience. The location also provides sweeping views over the city and the ocean, combining the best of Madeira’s natural beauty with the advantages of city living.

Local Insights

  • Santa Luzia is a rapidly developing, desirable area.
  • The neighbourhood combines traditional charm with modern infrastructure.
  • Funchal’s international community drives demand.
  • Easy access to essential services and transport links.
  • Strong potential for long-term value growth.

Buying guides

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