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Key information Make an enquiry

€ 525,000 £ 456,171 $ 558,934

Reference PP6928

Funchal, Madeira

Apartment

1 Bedrooms

Built in: 2022

117m2 Build size

€ 4,487 £ 3,898 $ 4,777 / m2 build

INSULAR RESIDENCES SAVOY: T1 Loft GOLDEN VISA

From

€ 525,000 £ 456,171 $ 558,934

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Key information

Reference: PP6928

Apartment

Funchal, Madeira

1 Bedrooms

2 Bathrooms

Ownership Status: Developer

Built in: 2022

117m2 Build size

€ 4,487 £ 3,898 $ 4,777 / m2 build

In the heart of Funchal, the future rises from legacy.

Built around 1929, the old Companhia Insular de Moinhos Mill (aka “Insular'') sits in what is now the heart of present-day Funchal, Madeira. From the start, the building’s iconic chimney stood out as a beacon for the rest of the city.

Bringing an iconic space into the 21st century

While much of the original structure is gone, the towering chimney was maintained during the renovation, preserving this beloved local icon while creating a fresh, modern and spacious aesthetic; bringing the building’s architecture into the future. Inspired by industrial architecture combined with a mix of natural textures, Insular boasts 47 light-filled double lofts with high ceilings flooding the apartments with natural light, elegance, comfort and luxury amenities. Golden Visa eligible.

The project:

  • 47 apartments, from T0 to T4 - Loft, Duplex and Triplex
  • Solarium
  • Common and private pools
  • 12 Commercial spaces 
  • 81 Parking spaces
  • Gardens
  • 24h concierge 
  • Savoy Residence Card, with access to Jacuzzi, Luxury SPA, fitness centre of SAVOY HOTELS

Very large T1 Loft from 540,000€ and 117 m2
Golden Visa eligible. High Yield

 

Features

  • Pool
  • Air conditioning
  • Garden
  • Garage
  • Parking
  • Underground Parking
  • Reception room
  • Terrace/Balcony
  • Kids play area
  • Laundry room
  • Storage room
  • Spacious
  • Smart home
  • Character property
  • New development
  • Luxury property
  • Features great views
  • Sea view
  • Golf views
  • On the waterfront
  • Morning sun
  • Evening sun
  • Near bars / restaurants
  • Near school(s)
  • Near shops
  • Near the beach

Energy rating

  • A+
  • A
  • B
  • B-
  • C
  • D
  • E
  • F
  • G

The energy rating shows the energy efficiency of a building on a scale of A to G. The most efficient homes – which should have the lowest fuel bills – are in band A, whereas the most inefficient homes are in band G.

Key information

Reference: PP6928

Apartment

Funchal, Madeira

1 Bedrooms

2 Bathrooms

Ownership Status: Developer

Built in: 2022

117m2 Build size

€ 4,487 £ 3,898 $ 4,777 / m2 build

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Funchal, Madeira

Funchal is the largest city, the municipal seat and the capital of Portugal's Autonomous Region of Madeira, bordered by the Atlantic Ocean. The city has a population of 105,795, making it the sixth largest city in Portugal and has been the capital of Madeira for more than five centuries.

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Yours sincerely,
Mariana Madeira

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