New Building - Prime Location in Funchal - Sea views, beach access, big infinity pool and several units with Private Pools.

$306,535

Funchal

Apartment • 1 room(s) • 1 Bed. • 2 Bath. • 82.8 m² • Ref: 4d4ef5f2-eb7f-4067-a9c9-aaf73de8b1a4

New Building - Prime Location in Funchal - Sea views, beach access, big infinity pool and several units with Private Pools. T1 up to T4 apartments: T1 from 315.000€ T2 from 380.000€ T3 from 475.000€ T4 from 590.000€ You will also have gym, concierge 24/7, private restaurante for you and guests, 6.000sqm of green areas, etc, etc. The project was directed by the majestic blending of nobility and resourcefulness of the eternal great architecture, and the present, with its innovation and freshness, for the convenience and comfort of residents and visitors. The building was designed in a Y-shape, overlooking Praia Formosa, enabling most apartments to benefit from a panoramic sea view, with an amplitude of 180º. The garden areas and lawns on the both sides are completely protected by the Y-shaped building. All tall trees planted 50 years ago will be preserved. This will be a one-of-a-kind project for Madeira real estate, for its location, superior quality of the apartments, allowing owners to explore more than 6,000 square meters (m) of gardens and green areas. In fact, this project is in the quietest and most beautiful section of Estrada Monumental which crosses the entire western area of Funchal. It is a tourist and residential area of superior excellence. This real estate project, unlike most others, is on the south side of that road. This is, of course, an advantage that is further enhanced by a unique attribute, which is the private elevator, which will allow direct private access from Estrada Monumental to Praia Formosa and to the promenades by the sea. A huge infinity pool sits on the cliff-edge. On the sun loungers surrounding it you can enjoy the tranquility of the sea as well as the sunrise over the beautiful natural pools of Doca do Cavacas or the sunset behind the majestic Cabo Girão, Europe's highest cliff at 580 m. Located in the west part of Funchal, on the south side of one of the most iconic roads, the splendid Estrada Monumental, with direct access to Funchal through this same main road. Downtown is only at 7 minutes´ drive and 30 minutes´ walk. Easy access to the main roads, to get around Funchal and other regions of Madeira Island. In the near vicinity, all within 200 m, a supermarket, greengrocer, bakery, pharmacy, hairdresser, rent a car, bars and restaurants. One of the three largest shopping centers on the island is also in 500 m. Only 50 m from the condominium's private elevator is the largest beach in Funchal, Praia Formosa, as well as the Promenade between Lido and Câmara de Lobos. A prime location for walking, jogging, cycling, walking the dog, all along Estrada Monumental or the Promenade, the two most popular routes in Funchal among locals and tourists. All in one in a unique location with the best weather in Funchal, and surely the best sunsets in Madeira Island. History of the building Designed by the recognized architect Carlos Ramos, a Valmor award winner and co- author of the Restelo Stadium, in Lisbon, the hotel opened in the early 70s, under the Hilton brand. Later, it adopted the name of Hotel Madeira Palácio. A Y-shaped building was cleverly designed and built to enjoy the best scenery in Funchal. The refined structural design is complemented by an exceptional and unique landscape that amplifies to the sea. The outdoor areas and namely the gardens were designed by the famous Portuguese landscape architect of the 20th century, Gonçalo Ribeiro Teles. On the other hand, the interior design breathed the spirit of the architect Daciano da Costa, consensually considered the most outstanding Portuguese designer of the 20th century. With the purpose of recreating the hotel's atmosphere at the time, the public areas of this project will feature original furniture pieces by Daciano da Costa. Madeira Palácio Hotel underwent various changes after a 40-year history of success and glamor that maintained the structure of the Y-shaped building, though some small units were added. Detailed project description The objective and challenge of this project was to start from the existing building which resulted from previous interventions and rehabilitate it into a modern and classy residential building. The building of the former Madeira Palácio Hotel developed in a Y-shape and had an adjacent square shaped building on the lower floors (seaside). For better organizing the building, identification was marked by blocks. From the original hotel, there are Blocks A, B and C. Block A1 was then added to these (where the adjacent building used to be) and Block A2, which extends from Block A, both built at the lower levels. Associated with Block B is Block B1. Considering the reference to the blocks, the floors by blocks are the following:  Block A - from 4th Floor to 10th Floor Block A1 – from 2nd Floor to 4th Floor Block A2 – from Floor 0 to 2nd Floor (covering at the level of the 3rd Floor)  Block B – from 2nd Floor to 11th Floor (recessed floor) Block B1 – from Floor 0 to 2nd Floor (covering at the level of 3rd Floor)  Block C – from 3rd Floor to Floor 10th Private plunge pools were added in the units with the larger terraces. There are about 25 swimming pools among different blocks and floors. Every apartment has at least one private parking space, with the larger apartments having up to three parking spaces. Likewise, all the apartments have a private storage room outside the apartments. Want to know more??  Ask me for a private showing.

Spaces

Rooms1
Bedrooms1
Bathrooms2
Garages (inside)1
Parking lots (outside)1

Surfaces

Living82.8 m²
Internal91.9 m²

Funchal

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TypeApartment
Construction year2022
Energy efficiency rating
A
ID7005001-3030