Sublime Residence I
Funchal, São Martinho 9 Available units
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
- Completion
- Q3 2026
Location and access
Nearest beach14 minPraia do Martinhal
Nearest airport22 minMadeira Airport
International schools5 minInternational School of Madeira
Available units
| Fraction | Level | Typologies | Baths | Parking | Int. area | Price |
|---|---|---|---|---|---|---|
| 111250273 | T1 | 2 | 1 | 65.04 m2 | €475K | |
| 111250322 | T1 | 2 | 1 | 256.87 m2 | €475K | |
| 111250326 | T1 | 2 | 1 | 256.87 m2 | €525K | |
| 111250320 | T2 | 2 | 1 | 256.87 m2 | €625K | |
| 111250327 | T2 | 3 | 1 | 256.87 m2 | €650K | |
| 111250325 | T2 | 3 | 1 | 256.87 m2 | €650K | |
| 111250321 | T2 | 3 | 1 | 256.87 m2 | €800K | |
| 111250323 | T2 | 3 | 1 | 256.87 m2 | €1,3M | |
| 111250324 | T3 | 3 | 2 | 256.87 m2 | €1,5M |
Competitive landscape
Price distribution
3 255 €/m²
55,3% below the neighbours’ median
Neighbouring projects by distance
- Uptown 320,1 km6 049 €/m²
- Quintinha da Fé0,4 km5 790 €/m²
- Allanas Village III0,6 km11 355 €/m²
- Quintinha da Fé0,6 km4 668 €/m²
- Alfa Prime0,6 km6 172 €/m²
- The Hills0,7 km6 069 €/m²
- Savoy Residence / Monumentalis1,5 km14 881 €/m²
- Quinta das Maravilhas1,6 km8 480 €/m²
- Torrinha Bay2,3 km8 394 €/m²
- Monterosa Residence2,6 km8 716 €/m²
Price forecast
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
3 255 €/m²
Forecast 12 months
3 721 €/m²
Forecast 24 months
4 255 €/m²
4. Asking price history and projection
Projection based on the 5-year CAGR.
São MartinhoMadeira (Ilha)
Sources: Sava New Build Index, Idealista