Monterosa Residence
Funchal 10 Available units
Residential project with T2 to T3 apartments, focused on comfortable residential use.
Typologies
| Type | Units | Area | Price |
|---|---|---|---|
| T2 | 6 | 112 - 142 m² | €970K - €1,2M |
| T3 | 4 | 165 - 207 m² | €1,5M - €1,7M |
According to Sotheby’s
Project details
- Developer
- JPF Investimentos Imobiliários
- Official website
- Monterosa-residence.com
- First publication
- 07/07/2026
- Total units
- 13
Location and access
Nearest beach14 minPraia do Martinhal
Nearest airport21 minMadeira Airport
International schools1 minInternational Sharing School Madeira
Available units
| Fraction | Level | Typologies | Baths | Parking | Int. area | Price |
|---|---|---|---|---|---|---|
| 111250405 | T2 | 2 | 1 | 112 m2 | €970K | |
| 111250408 | T2 | 2 | 1 | 112 m2 | €1M | |
| 111250406 | T2 | 2 | 1 | 128 m2 | €1,1M | |
| 111250409 | T2 | 2 | 1 | 128 m2 | €1,2M | |
| 111250404 | T2 | 2 | 1 | 141 m2 | €1,2M | |
| 111250407 | T2 | 2 | 1 | 142 m2 | €1,2M | |
| 111250410 | T3 | 3 | 1 | 168 m2 | €1,5M | |
| 111250411 | T3 | 3 | 2 | 165 m2 | €1,6M | |
| 111250403 | T3 | 4 | 1 | 192 m2 | €1,7M | |
| 111250402 | T3 | 3 | 2 | 207 m2 | €1,7M |
Competitive landscape
Price distribution
8 716 €/m²
14,1% above the neighbours’ median
Neighbouring projects by distance
- Ferreiros Residences0,2 km6 888 €/m²
- Uptown Lux0,4 km13 255 €/m²
- Savoy Residence Insular0,5 km9 242 €/m²
- Lodge Torrinha0,6 km3 588 €/m²
- Torrinha Bay0,8 km8 394 €/m²
- Quinta das Maravilhas1,0 km8 480 €/m²
- The Hills2,1 km6 069 €/m²
- Allanas Village III2,1 km11 355 €/m²
- Quintinha da Fé2,1 km4 668 €/m²
- Sublime Residence I2,6 km3 255 €/m²
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
8 716 €/m²
Forecast 12 months
10 004 €/m²
Forecast 24 months
11 482 €/m²
4. Asking price history and projection
Projection based on the 5-year CAGR.
FunchalMadeira (Ilha)
Sources: Sava New Build Index, Idealista
In the press
Madeira: oferta residencial de luxo cresce com novo projeto no Funchal
idealista · 2026-03-10
O idealista/news apresentou o Monterosa Residence no Funchal como novo projeto residencial de luxo na Madeira, com 13 apartamentos e comodidades como piscina, ginásio e estacionamento.
Read source