Uptown 32
Funchal, São Martinho 11 Available units
Residential project with T1 to T2 apartments, with gardens and shared outdoor areas and with a swimming pool in the shared amenities.
Project details
- Developer
- Classe Concreto
- Floors
- 7 floors
- Amenities
- Pool, Rooftop, Parking
- Total units
- 47
- Completion
- 2026
Location and access
Nearest beach14 minPraia do Martinhal
Nearest airport21 minMadeira Airport
International schools5 minInternational School of Madeira
Available units
| Level | Typologies | Baths | Parking | Int. area | Price |
|---|---|---|---|---|---|
| 6 | T1 | 2 | 1 | 59 m2 | €400K |
| 2 | T2 | 2 | 1 | 88 m2 | €465K |
| 2 | T2 | 2 | 1 | 88 m2 | €470K |
| 2 | T2 | 2 | 1 | 88 m2 | €475K |
| 3 | T2 | 2 | 1 | 88 m2 | €475K |
| 6 | T2 | 2 | 1 | 88 m2 | €540K |
| 7 | T2 | 2 | 1 | 88 m2 | €565K |
| 7 | T2 | 2 | 1 | 88 m2 | €565K |
| 7 | T2 | 2 | 1 | 88 m2 | €565K |
| 7 | T2 | 2 | 1 | 88 m2 | €575K |
| 7 | T2 | 2 | 1 | 88 m2 | €585K |
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Competitive landscape
Price distribution
6 049 €/m²
16,9% below the neighbours’ median
Neighbouring projects by distance
- Sublime Residence I0,1 km3 255 €/m²
- Quintinha da Fé0,3 km5 790 €/m²
- Alfa Prime0,5 km6 172 €/m²
- Allanas Village III0,6 km11 355 €/m²
- Quintinha da Fé0,6 km4 668 €/m²
- The Hills0,7 km6 069 €/m²
- Savoy Residence / Monumentalis1,4 km14 881 €/m²
- Quinta das Maravilhas1,6 km8 480 €/m²
- Torrinha Bay2,4 km8 394 €/m²
- Monterosa Residence2,7 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
6 049 €/m²
Forecast 12 months
6 916 €/m²
Forecast 24 months
7 908 €/m²
4. Asking price history and projection
Projection based on the 5-year CAGR.
São MartinhoMadeira (Ilha)
Sources: Sava New Build Index, Idealista