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Price in €:3.300.000
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Bedrooms:2
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Bathrooms:3
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Private Area m²:175,10
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Exterior m²:
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MLS#:M843
Luxury Penthouse in the Heart of Funchal
Madeira has long been one of Europe's most sought-after real estate markets – and right in the heart of the island's capital, Funchal, this extraordinary penthouse in the exclusive Savoy Residence Insular awaits you. Whether you are looking to buy a holiday apartment or make Madeira your permanent home, this property is truly one of a kind. Across 175 sqm of private living space, two generous bedrooms and three bathrooms are combined with a thoughtfully designed layout that unites elegance and comfort at the highest level. The sweeping terrace of over 185 sqm, complete with a private pool, invites you to soak in spectacular panoramic views over the city, mountains and the Atlantic – and thanks to Madeira's uniquely mild year-round climate, every single day is an invitation to enjoy life outdoors.
The development, shaped by four decades of market leadership by the Savoy Group, offers far more than exceptional living. As an owner, you receive a personal card granting access to hotel pools, hot tub, fitness centre and bars, along with attractive discounts on dining, spa treatments and household services. Funchal itself is regarded as one of the cleanest and safest cities in Europe, with outstanding infrastructure, excellent healthcare and direct flight connections from major German cities in just four to five hours. The limited availability of buildable land on the island and strict planning regulations ensure long-term value retention – a reliable hedge against inflation and, at the same time, an excellent foundation for profitable short-term rentals with occupancy rates of up to 80 % year-round.
Schedule your personal viewing appointment now and experience this exceptional Funchal penthouse for yourself.
Amenities:
The Capital Funchal
Funchal is the capital of Madeira. The beautiful bay, the romantic harbour and the surrounding mountains make it one of the most beautiful cities in Portugal. Funchal was named after the fennel spice "funcho", which was found when the island was discovered. Today, the city is ultra-modern and trendy. The large shopping centres and exclusive shops and boutiques in the pedestrian zones as well as the large market hall invite you to an extensive shopping spree all year round. The capital also has a lot to offer in the way of culinary delights. In addition to the city centre, you will find a large number of excellent and often very reasonably priced restaurants offering local and international specialities in the old town. The Botanical Gardens are a wonderful destination for an excursion. The Jardim Tropical, located about three kilometres above the city centre high above the bay, is best reached by a spectacular cable car ride.
Mercado dos Lavradores: This email address is being protected from spambots. You need JavaScript enabled to view it. , Old Town of Funchal: boivin This email address is being protected from spambots. You need JavaScript enabled to view it.
Funchal, Madeira by night
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