Savoy Residence Insular
Funchal 9 Available units
Residential project with T2 to T3 apartments, with a swimming pool.
Typologies
| Type | Units | Area | Price |
|---|---|---|---|
| T2 | 2 | 173 - 175 m² | €3,1M - €3,3M |
| T3 | 7 | 204 - 389 m² | €1,6M - €2,6M |
Data as of 11.09.2026
Project details
- Developer
- Afavias Engenharia e Construções
- First publication
- 07/07/2026
- Floors
- 2 floors
- Amenities
- Pool
- Total units
- 147
Location and access
Nearest beach24 minPraia de Machico
Nearest airport21 minMadeira Airport
International schools2 minInternational Sharing School Madeira
Available units
| Fraction | Level | Typologies | Baths | Parking | Int. area | Price | Floor plan |
|---|---|---|---|---|---|---|---|
| 111250295 | T3 | 4 | 2 | 204.4 m2 | €1,6M | Floor plan | |
| 111260062 | T3 | 4 | 2 | 238 m2 | €1,6M | Floor plan | |
| 111250294 | T3 | 4 | 2 | 215.2 m2 | €1,7M | Floor plan | |
| 111260060 | T3 | 4 | 2 | 238 m2 | €1,8M | Floor plan | |
| 111220081 | T3 | 4 | 2 | 215 m2 | €1,9M | ||
| 111240162 | T3 | 4 | 3 | 289.5 m2 | €2,4M | ||
| 111260061 | T3 | 4 | 2 | 389 m2 | €2,6M | ||
| 111220016 | T2 | 3 | 2 | 172.85 m2 | €3,1M | ||
| 111220014 | T2 | 3 | 2 | 175.1 m2 | €3,3M |
Gallery
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
9 242 €/m²
Forecast 12 months
10 608 €/m²
Forecast 24 months
12 175 €/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
Athena comercializa dois projetos da Savoy Residence na Madeira - RE Portugal
reportugal.vidaimobiliaria.com · 2023-07-26
A Athena Advisers quer potenciar as vendas no mercado internacional num destino muito procurado por norte-americanos e britânicos.
Read source