Ferreiros Residence

Funchal

Residential project with T1 to T2 apartments, focused on comfortable residential use.

Typologies

TypeUnitsAreaPrice
T1170 m²€520K
T2594 - 128 m²€638K - €913K

According to Sotheby’s, Zome

Project details

First publication
23/09/2026
Amenities
Parking

Location and access

Nearest beach26 minPraia de Machico
Nearest airport24 minMadeira Airport
International schools2 minInternational Sharing School Madeira

Competitive landscape

Price forecast

1. Location price

Average asking price in Funchal

4 036 €/m²

Average asking price in Funchal, including new builds and resale homes.

2. Market dynamics

Growth 12 months +8,2%
Growth 24 months +19,0%
Forecast 12 months +14,8%
Forecast 24 months +31,7%

3. Price in this project

Average price in this project

7 204 €/m²

Forecast 12 months 8 268 €/m²
Forecast 24 months 9 490 €/m²

4. Asking price history and projection

Projection based on the 5-year CAGR.

€/m² 01 0003 0004 0006 000 Projection → Funchal · 09/2016 · 1 271 €/m²Funchal · 09/2017 · 1 498 €/m²Funchal · 09/2018 · 1 717 €/m²Funchal · 09/2019 · 1 847 €/m²Funchal · 09/2020 · 1 860 €/m²Funchal · 09/2021 · 2 051 €/m²Funchal · 09/2022 · 2 552 €/m²Funchal · 09/2023 · 2 966 €/m²Funchal · 09/2024 · 3 383 €/m²Funchal · 09/2025 · 3 862 €/m²Funchal · 09/2026 · 4 129 €/m² · ProjectionFunchal · 09/2027 · 4 740 €/m² · ProjectionFunchal · 09/2028 · 5 440 €/m² · ProjectionMadeira (Ilha) · 09/2016 · 1 130 €/m²Madeira (Ilha) · 09/2017 · 1 261 €/m²Madeira (Ilha) · 09/2018 · 1 426 €/m²Madeira (Ilha) · 09/2019 · 1 565 €/m²Madeira (Ilha) · 09/2020 · 1 576 €/m²Madeira (Ilha) · 09/2021 · 1 819 €/m²Madeira (Ilha) · 09/2022 · 2 224 €/m²Madeira (Ilha) · 09/2023 · 2 621 €/m²Madeira (Ilha) · 09/2024 · 3 043 €/m²Madeira (Ilha) · 09/2025 · 3 582 €/m²Madeira (Ilha) · 09/2026 · 3 883 €/m² · ProjectionMadeira (Ilha) · 09/2027 · 4 515 €/m² · ProjectionMadeira (Ilha) · 09/2028 · 5 250 €/m² · Projection 09/1609/1709/1809/1909/2009/2109/2209/2309/2409/2509/2609/2709/28
FunchalMadeira (Ilha)

Sources: Sava New Build Index, Idealista

Nearby projects

Funchal

T2€970K - €1,2M112 - 142 m²6
T3€1,5M - €1,7M165 - 207 m²4

Uptown Lux

2027

Funchal, Santa Luzia

T1€740K - €860K65 - 77 m²4
T2€880K - €1,5M90 - 95 m²9
T3€1,5M - €3,1M115 - 147 m²5