Urbanização Paraíso MV
Ilha da Madeira, Machico
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
- para 2028
Location and access
Nearest beach2 minPraia de Machico
Nearest airport6 minMadeira Airport
International schools27 minInternational Sharing School Madeira
Market
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
2 106 €/m²
Forecast 12 months
2 544 €/m²
Forecast 24 months
3 072 €/m²
4. Asking price history and projection
Projection based on the 5-year CAGR.
MachicoMadeira (Ilha)
Sources: Sava New Build Index, Idealista