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Price in €:2.600.000
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Bedrooms:3
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Bathrooms:4
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Private Area m²:389
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Exterior m²:
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MLS#:M847
Madeira penthouse with hotel service
Madeira has become one of Europe's most sought-after premium real-estate addresses — and Savoy Residence Insular represents the very top of this market. In the historic heart of Funchal, a private condominium rises whose build quality, materials and service concept stand comparison with the finest addresses on the continent. Across a generous 389 sqm, three bedrooms unfold — each as its own en-suite — together with a 33.8 sqm living room and a fully fitted kitchen with built-in appliances from cooktop to dishwasher. A 30.75 sqm balcony opens the view across the city, the gardens and the Atlantic. Acoustic and thermal insulation, wooden flooring in the master bedroom, smart-home control, a professional laundry with washer and dryer, and two underground parking spaces complete the comfort. The building also offers a private outdoor pool, gym with solarium and well-tended gardens.
Funchal offers a year-round mild climate without seasonal closures, political stability and low crime. Direct flights from German-speaking Europe reach the island in four to five hours. Restrictive building permits safeguard value retention, while year-round demand makes short-term rental an attractive yield option. Funchal ranks among Europe's cleanest cities, and Madeira was named "World's Leading Island Destination" for the eleventh time as recently as 2025. What sets this address apart: as an owner you receive an exclusive membership card granting full access to the Savoy hotel services — pool, jacuzzi, gym, bars — plus 20 % off dining and 25 % off spa and laundry. A holiday home that unites hotel comfort with full privacy. Arrange your private viewing and discover this Madeira opportunity in person.
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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