Alfa Prime
Funchal, São Martinho 6 Available units
Residential project with T3 apartments, with a swimming pool and parking.
Typologies
| Type | Units | Area | Price |
|---|---|---|---|
| T3 | 6 | 179 - 357 m² | €1,2M - €1,7M |
According to Sotheby’s
Project details
- Developer
- Mnrealty Consulting
- First publication
- 07/07/2026
- Floors
- 6 pisos
- Amenities
- Pool, Parking
- Total units
- 11 apartamentos
- Documents
- Presentation
- Payment terms
- CPCV: 20%; installment at 180 days; Balance at deed signing
- Completion
- December 2027
Location and access
Nearest beach14 minPraia do Martinhal
Nearest airport26 minMadeira Airport
International schools6 minInternational School of Madeira
Available units
| Fraction | Level | Typologies | Baths | Parking | Int. area | Price |
|---|---|---|---|---|---|---|
| 111240134 | T3 | 4 | 3 | 179 m2 | €1,2M | |
| 111240132 | T3 | 4 | 3 | 179 m2 | €1,3M | |
| 111240133 | T3 | 4 | 3 | 288 m2 | €1,3M | |
| 111240135 | T3 | 4 | 3 | 179 m2 | €1,4M | |
| 111240136 | T3 | 4 | 3 | 179 m2 | €1,5M | |
| 111240137 | T3 | 4 | 3 | 357 m2 | €1,7M |
Competitive landscape
Price distribution
6 172 €/m²
1,9% above the neighbours’ median
Neighbouring projects by distance
- Quintinha da Fé0,5 km5 790 €/m²
- Uptown 320,5 km6 049 €/m²
- Sublime Residence I0,6 km3 255 €/m²
- Savoy Residence / Monumentalis1,0 km14 881 €/m²
- Allanas Village III1,1 km11 355 €/m²
- Quintinha da Fé1,1 km4 668 €/m²
- The Hills1,2 km6 069 €/m²
- Quinta das Maravilhas2,2 km8 480 €/m²
- Lobos Views2,6 km4 418 €/m²
- Torrinha Bay2,9 km8 394 €/m²
Price forecast
1. Location price
Average asking price in São Martinho
4 395 €/m²
Average asking price in São Martinho, including new builds and resale homes.
2. Market dynamics
Growth 12 months
+7,2%
Growth 24 months
+23,2%
Forecast 12 months
+14,3%
Forecast 24 months
+30,7%
3. Price in this project
Average price in this project
6 172 €/m²
Forecast 12 months
7 057 €/m²
Forecast 24 months
8 069 €/m²
4. Asking price history and projection
Projection based on the 5-year CAGR.
São MartinhoMadeira (Ilha)
Sources: Sava New Build Index, Idealista