Monterosa Residence
Funchal
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 beach24 minPraia de Machico
Nearest airport21 minMadeira Airport
International schools1 minInternational Sharing School Madeira
Market
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
8 638 €/m²
Forecast 12 months
9 915 €/m²
Forecast 24 months
11 380 €/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