Alfa Prime

Funchal, São Martinho

Residential project with T3 apartments, with a swimming pool and parking.

Typologies

TypeUnitsAreaPrice
T36179 - 357 m²€1,2M - €1,7M

According to Sotheby’s

Project details

First publication
07/07/2026
Floors
6 pisos
Amenities
Pool, Parking
Total units
11 apartamentos
Documents
Presentation
Completion
dezembro de 2027

Location and access

Nearest beach29 minPraia de Machico
Nearest airport26 minMadeira Airport
International schools6 minInternational School of Madeira

Market

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

5 410 €/m²

Forecast 12 months 6 186 €/m²
Forecast 24 months 7 073 €/m²

4. Asking price history and projection

Projection based on the 5-year CAGR.

€/m² 01 0003 0004 0006 000 Projection → 09/1609/1709/1809/1909/2009/2109/2209/2309/2409/2509/2609/2709/28
São MartinhoMadeira (Ilha)

Sources: Sava New Build Index, Idealista

Nearby projects

Funchal, São Martinho

T1€380K - €400K59 - 64 m²2
T2€465K - €585K88 m²10

Funchal, São Martinho

T1€475K - €525K65 - 257 m²3
T2€625K - €1,3M257 m²5
T3€1,5M257 m²1