Ferreiros Residences

Funchal 6 Available units

Residential project with T1 to T2 apartments, with a swimming pool, landscaped gardens and parking.

Typologies

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

According to Sotheby’s, Zome, Zome

Project details

Official website
Ferreirosresidences.com
First publication
23/09/2026
Amenities
Pool, Parking, Elevator, Garden
Total units
14
Completion
Q4 2027

Location and access

Beach by car14 minPraia do Martinhal
Nearest airport24 minMadeira Airport
International schools2 minInternational Sharing School Madeira

Available units

FractionLevelTypologiesBathsParkingInt. areaPrice
111260173T11170.15 m²€520K
111260176T2194.1 m²€638K
111260175T22194.1 m²€652K
111260172T211111.8 m²€682K
111260171T232127.65 m²€903K
111260174T232127.65 m²€913K

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

6 888 €/m²

Forecast 12 months 7 906 €/m²
Forecast 24 months 9 074 €/m²

4. Asking price history and projection

Projection based on the 5-year CAGR.

€/m² 01 0003 0004 0006 000 Projection → Funchal · 07/2017 · 1 499 €/m²Funchal · 07/2018 · 1 693 €/m²Funchal · 07/2019 · 1 840 €/m²Funchal · 07/2020 · 1 832 €/m²Funchal · 07/2021 · 2 026 €/m²Funchal · 07/2022 · 2 495 €/m²Funchal · 07/2023 · 2 865 €/m²Funchal · 07/2024 · 3 393 €/m²Funchal · 07/2025 · 3 731 €/m²Funchal · 07/2026 · 4 036 €/m²Funchal · 07/2027 · 4 632 €/m² · ProjectionFunchal · 07/2028 · 5 317 €/m² · ProjectionMadeira (Ilha) · 07/2017 · 1 262 €/m²Madeira (Ilha) · 07/2018 · 1 403 €/m²Madeira (Ilha) · 07/2019 · 1 551 €/m²Madeira (Ilha) · 07/2020 · 1 545 €/m²Madeira (Ilha) · 07/2021 · 1 782 €/m²Madeira (Ilha) · 07/2022 · 2 175 €/m²Madeira (Ilha) · 07/2023 · 2 538 €/m²Madeira (Ilha) · 07/2024 · 2 987 €/m²Madeira (Ilha) · 07/2025 · 3 441 €/m²Madeira (Ilha) · 07/2026 · 3 787 €/m²Madeira (Ilha) · 07/2027 · 4 403 €/m² · ProjectionMadeira (Ilha) · 07/2028 · 5 119 €/m² · Projection 07/1607/1707/1807/1907/2007/2107/2207/2307/2407/2507/2607/2707/28
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

December 2027

Funchal, Santa Luzia

T1€740K - €860K65 - 77 m²4
T2€880K - €1.5M90 - 95 m²9
T3€1.5M - €3.1M115 - 147 m²5