Sublime Residence I
Funchal, São Martinho
Residential project with T1 to T3 apartments, focused on comfortable residential use.
Typologies
| Type | Units | Area | Price |
|---|---|---|---|
| T1 | 3 | 65 - 257 m² | €475K - €525K |
| T2 | 5 | 257 m² | €625K - €1,3M |
| T3 | 1 | 257 m² | €1,5M |
According to Sotheby’s
Project details
- First publication
- 07/07/2026
- Total units
- 9
Location and access
Nearest beach24 minPraia de Machico
Nearest airport22 minMadeira Airport
International schools5 minInternational School of Madeira
Market
1. Location price
Average asking price in São Martinho
4 395 €/m²
Average asking price in São Martinho, including new builds and resale homes.
2. Market dynamics
Growth 12 months
+7,2%
Growth 24 months
+23,2%
Forecast 12 months
+14,3%
Forecast 24 months
+30,7%
3. Price in this project
Average price in this project
4 134 €/m²
Forecast 12 months
4 726 €/m²
Forecast 24 months
5 404 €/m²
4. Asking price history and projection
Projection based on the 5-year CAGR.
São MartinhoMadeira (Ilha)
Sources: Sava New Build Index, Idealista