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€ 400,000 £ 345,475 $ 437,014

Reference PP6934

Funchal, Madeira

Commercial

Built in: n/a

INSULAR RESIDENCES SAVOY: COMMERCIAL SPACES

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€ 400,000 £ 345,475 $ 437,014

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Key information

Reference: PP6934

Commercial

Funchal, Madeira

Ownership Status: Developer

Built in: n/a

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. 

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

12 commercial spaces belonging to INSULAR.

Prices from 350,000€ up to 1,200,000€.

Features

  • New development
  • Features great views
  • Sea view
  • 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: PP6934

Commercial

Funchal, Madeira

Ownership Status: Developer

Built in: n/a

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Taxes and Expense : € 0.00
Loan amount : € 0.00
Your monthly payments : € 0.00

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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$ Billion Approx. Total Sales

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