Urbanização Paraíso MV
Ilha da Madeira, Machico 77 Available units
Residential project with T2 to T4 apartments, arranged as a private condominium.
Typologies
| Type | Units | Area | Price |
|---|---|---|---|
| T2 | 24 | 154 m² | €375K |
| T3 | 50 | 189 - 370 m² | €425K - €550K |
| T4 | 3 | 222 m² | €475K |
According to ERA
Project details
- Total units
- 77
- Completion
- 2028
Location and access
Nearest beach2 minPraia de Machico
Nearest airport6 minMadeira Airport
International schools27 minInternational Sharing School Madeira
Available units
| Level | Typologies | Baths | Parking | Int. area | Price |
|---|---|---|---|---|---|
| T2 | 2 | 1 | 154 m2 | €375K | |
| T2 | 2 | 1 | 154 m2 | €375K | |
| T2 | 2 | 1 | 154 m2 | €375K | |
| T2 | 2 | 1 | 154 m2 | €375K | |
| T2 | 2 | 1 | 154 m2 | €375K | |
| 1 | T2 | 2 | 1 | 154 m2 | €375K |
| 1 | T2 | 2 | 1 | 154 m2 | €375K |
| 1 | T2 | 2 | 1 | 154 m2 | €375K |
| 1 | T2 | 2 | 1 | 154 m2 | €375K |
| 1 | T2 | 2 | 1 | 154 m2 | €375K |
| 1 | T2 | 2 | 1 | 154 m2 | €375K |
| 1 | T2 | 2 | 1 | 154 m2 | €375K |
| 2 | T2 | 2 | 1 | 154 m2 | €375K |
| 2 | T2 | 2 | 1 | 154 m2 | €375K |
| 2 | T2 | 2 | 1 | 154 m2 | €375K |
| 2 | T2 | 2 | 1 | 154 m2 | €375K |
| 2 | T2 | 2 | 1 | 154 m2 | €375K |
| 3 | T2 | 2 | 1 | 154 m2 | €375K |
| 3 | T2 | 2 | 1 | 154 m2 | €375K |
| 3 | T2 | 2 | 1 | 154 m2 | €375K |
| 3 | T2 | 2 | 1 | 154 m2 | €375K |
| 3 | T2 | 2 | 1 | 154 m2 | €375K |
| 3 | T2 | 2 | 1 | 154 m2 | €375K |
| T3 | 2 | 1 | 189 m2 | €425K | |
| 1 | T3 | 2 | 1 | 189 m2 | €425K |
| 1 | T3 | 2 | 1 | 189 m2 | €425K |
| 1 | T3 | 2 | 1 | 189 m2 | €425K |
| 1 | T3 | 2 | 1 | 189 m2 | €425K |
| 1 | T3 | 2 | 1 | 189 m2 | €425K |
| 1 | T3 | 2 | 1 | 189 m2 | €425K |
| 1 | T3 | 2 | 1 | 189 m2 | €425K |
| 2 | T3 | 2 | 1 | 189 m2 | €425K |
| 2 | T3 | 2 | 1 | 189 m2 | €425K |
| 2 | T3 | 2 | 1 | 189 m2 | €425K |
| 2 | T3 | 2 | 1 | 189 m2 | €425K |
| 2 | T3 | 2 | 1 | 189 m2 | €425K |
| 2 | T3 | 2 | 1 | 189 m2 | €425K |
| 2 | T3 | 2 | 1 | 189 m2 | €425K |
| 3 | T3 | 2 | 1 | 189 m2 | €425K |
| 3 | T3 | 2 | 1 | 189 m2 | €425K |
| 3 | T3 | 2 | 1 | 189 m2 | €425K |
| 3 | T3 | 2 | 1 | 189 m2 | €425K |
| 3 | T3 | 2 | 1 | 189 m2 | €425K |
| 3 | T3 | 2 | 1 | 189 m2 | €425K |
| 3 | T3 | 2 | 1 | 189 m2 | €425K |
| T4 | 2 | 1 | 222 m2 | €475K | |
| 1 | T4 | 2 | 1 | 222 m2 | €475K |
| 2 | T4 | 2 | 1 | 222 m2 | €475K |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| T3 | 3 | 2 | 370 m2 | €550K | |
| 2 | T2 | 2 | 1 | 154 m2 | on request |
Competitive landscape
Price distribution
1 858 €/m²
75,7% below the neighbours’ median
Neighbouring projects by distance
Price forecast
1. Location price
Average asking price in Machico
3 385 €/m²
Average asking price in Machico, including new builds and resale homes.
2. Market dynamics
Growth 12 months
+30,4%
Growth 24 months
+48,9%
Forecast 12 months
+20,8%
Forecast 24 months
+45,8%
3. Price in this project
Average price in this project
1 858 €/m²
Forecast 12 months
2 244 €/m²
Forecast 24 months
2 710 €/m²
4. Asking price history and projection
Projection based on the 5-year CAGR.
MachicoMadeira (Ilha)
Sources: Sava New Build Index, Idealista