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€ 790,000

3 room luxury Flat for sale in Funchal, Portugal

€ 790,000
270 m² 2 3

Description

Ocean Terraces is a luxury residential project in Funchal, Madeira, offering a combination of modern comfort, panoramic views, and sophisticated finishes:

Comprising just 20 apartments, including one-, two-, and three-bedroom apartmentsmany with large terraces, private patios, and outdoor jacuzzis in some top-floor units, offering stunning views of Funchal Bay.

This unit is distributed as follows:

~ Entrance Hall - 11.50 m²
~ Social Area - 2.50 m²
~ Living Room - 38.50 m²
~ Kitchen - 10.80 m²

~ Hall 2 - 4.05 m²
~ Laundry Room - 5.30 m²

~ Suite 3 - 15.50 m²
~ Suite 3 - 4.70 m²

~ Suite 2 - 15.50 m²
~ Suite 4 - 4.96 m²

~ Suite 1 - 22.90 m²
~ Suite 1 - 3.95 m²

Backyard - 133.89 m²
2 Parking Spaces

HIGHLIGHTS:

High-quality finishes: The interior features kitchens equipped with Bosch appliances, Silestone countertops, laminate flooring, Mitsubishi air conditioning, electric vents, a video intercom, and a heat pump system.

Common amenities: The development features a communal pool, a garage with pre-installation for vehicle charging, and parking.

Premium location: Located in the heart of Funchal, in the Santa Luzia neighborhood, it offers both exclusivity and proximity to the historic centerabout 10 minutes from the center.

Construction Status: Construction is expected to begin in October 2025.

Nearby Services and Amenities (estimated distances in meters):

1. Forum Madeira Shopping Center - approximately 700 m

2. Jardim da Ajuda / Ajuda Public Garden - between 350 m and 400 m
- Beautiful green spaces ideal for strolls or relaxation

3. Doca do Cavacas - approximately 450 m
- Natural pools

4. Praia Formosa - approximately 450 m
- The largest public beach on the island, with easy access for leisure time

5. Cais do Carvao - approximately 700 m
Traditional coastal area, with restaurants and local fishing.

6. La Vie Shopping Center - less than 900 m
Another option for shopping, coffee, or dining

7. Co-working spaces and cafes ideal for remote work
- Places like LOFT Brunch & Cocktails, Maia Coffee Shop
Energy Rating: A

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Details

Rooms:
3
Bedrooms:
3
Bathrooms:
2
Size:
270 m²
Elevator
Energy Rating:
A
Reference:
1009_A
Status:
New/Under construction
Car parking

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Position