$808,501

Apartment Caniço

  • 2 Beds
  • 1 Baths
  • 1,400 Sqft
  • Updated: August 5

About the Property

BUILDING UNDER CONSTRUCTION DESIGNED TO THE LAST DETAIL...

- Composed of 55 apartments (Types T1, T2, and T3) distributed over just 5 floors.
- Excavation starts in October 2024, with construction completion by September 2026 and deeds available from November 2026.
- Modern architecture with an iconic layout that will stand out in its area.
- Materials and finishes above avera
BUILDING UNDER CONSTRUCTION DESIGNED TO THE LAST DETAIL...

- Composed of 55 apartments (Types T1, T2, and T3) distributed over just 5 floors.
- Excavation starts in October 2024, with construction completion by September 2026 and deeds available from November 2026.
- Modern architecture with an iconic layout that will stand out in its area.
- Materials and finishes above average (compared to recently built buildings nearby).
- Building designed for two uses: RESIDENTIAL and/or SERVICES (Local Accommodation) – allowing you to monetize your property.
- On the rooftop, a large leisure area divided into several spaces:
• Pool
• Jacuzzi
• Rooftop Lounge
• Fire Pit
• Gym
• Barbecue
• Plus a beautiful panoramic view.

IMPORTANT TO KNOW: SPECIAL CONDITIONS APPLY FOR PURCHASES OFF-PLAN!!!

Key features of THIS GREAT OPPORTUNITY:

- Excellent location.
- Great sunlight exposure, providing natural light in all apartments.
- Added value from pleasant sea views for all units.
- Above-average materials and finishes.
- Horizontal property ownership for residential and/or services (Local Accommodation if preferred).
- Leisure space on the building’s top floor for you, your family, or future local accommodation clients.
- Attractive and modern visual layout (a landmark development in the area).
- Off-plan purchase allows you to select the apartment you want (location map and price list available).
- Off-plan purchase also lets you choose some finishing materials according to your preference.
- Flexible payment options available (choose your financial plan).

Contact us, schedule your meeting, clarify all your doubts, and MOST IMPORTANTLY... CHOOSE and RESERVE YOUR APARTMENT!!!

When choosing your property (your asset), where YOU LIKE TO LIVE, YOU CAN BUY AND ALSO RENT IT OUT... IT’S A GOOD DEAL, THINK ABOUT IT!!!

Energy Certificate: ”A” AMI: 13132

The entire consulting team at GRUPO ALFA MADEIRA is available to assist you!!!
  • Property type

    Apartment

  • Year built

    2026

  • Price/sqft

    $577

Features

  • Pool
  • Terrace
  • Fireplace
  • Water View
  • Fire Pit
  • Jacuzzi
  • Elevator
  • Outdoor Living Space
  • Stone Countertops
Features

Lot

  • Water View

Indoor

  • Fireplace
  • Jacuzzi
  • Bar
  • Elevator
  • Stone Countertops

Outdoor

  • Terrace
  • Fire Pit
  • Pool
  • Outdoor Living Space

Explore the Area

Reed, Madeira, Portugal View on Google Maps
Price per sqft
Low
High

View 112 more listings in Reed

Maurilio Caires

Joined 6 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Maurilio Caires
Portugal
View agency profile
2
Listings
2026
Joined

Book home tour with Maurilio Caires

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
KW Alfa Madeira
KW Alfa Madeira
Rua dos Ilheus 6, Funchal, Portugal
View agency profile
Last updated
August 5
First listed
Feb 18
Listing reference
2020619677218178
Call

Start phone call with:

Hello, I’m calling for the property with the reference 2020619677218178, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.