Uptown 32

Funchal, São Martinho 12 Available units

Residential project with T1 to T2 apartments, with gardens and shared outdoor areas and with a swimming pool in the shared amenities.

Typologies

TypeUnitsAreaPrice
T1259 - 64 m²€380K - €400K
T21088 m²€465K - €585K

According to Remax, Sotheby’s

Project details

Floors
7 floors
Amenities
Pool, Rooftop, Parking
Total units
47

Location and access

Nearest beach24 minPraia de Machico
Nearest airport21 minMadeira Airport
International schools5 minInternational School of Madeira

Available units

LevelTypologiesBathsParkingInt. areaPrice
3T12164 m2€380K
6T12159 m2€400K
2T22188 m2€465K
2T22188 m2€470K
2T22188 m2€475K
3T22188 m2€475K
6T22188 m2€540K
7T22188 m2€565K
7T22188 m2€565K
7T22188 m2€565K
7T22188 m2€575K
7T22188 m2€585K

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

6 042 €/m²

Forecast 12 months 6 908 €/m²
Forecast 24 months 7 899 €/m²

4. Asking price history and projection

Projection based on the 5-year CAGR.

€/m² 01 0003 0004 0006 000 Projection → 09/1609/1709/1809/1909/2009/2109/2209/2309/2409/2509/2609/2709/28
São MartinhoMadeira (Ilha)

Sources: Sava New Build Index, Idealista

Nearby projects

Funchal, São Martinho

T1€475K - €525K65 - 257 m²3
T2€625K - €1,3M257 m²5
T3€1,5M257 m²1

Alfa Prime

dezembro de 2027

Funchal, São Martinho

T3€1,2M - €1,7M179 - 357 m²6