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Apartment & condo for sale in Santa Maria Maior
USD 1,141,259
Apartment & Condo (For sale)
Reference:
HWHB-T782
/ pdf-pf31194
Imagine living in an idyllic setting of 37,000 sqm by the water's edge, with 250 meters of oceanfront, literally perched upon Funchal's most famous pebble and black sand beach, Praia Formosa. In the heart of this paradise, two majestic buildings rise: Formosa Bay and Formosa Mare, featuring around 200 luxurious 2, 3, and 4-bedroom apartments. Formosa Residence is a partnership between Pestana Residence & CR7. Filled with light and harmony, all of them facing south, designed to enhance the natural beauty of the surrounding landscape and to take advantage of a privileged location that offers broad and unobstructed views of the Atlantic Ocean. From here, every day, you can witness the sunset by the imposing Cabo Girão. Here, life flows harmoniously between the sea and the land, promoting a perfect interaction between nature and modern architecture. And if that's not enough, 10,000 sqm of land will be dedicated to a public garden, creating a green blanket that merges with the approximately 6,000 sqm of private gardens and exclusive green areas for the residents, located on a higher level. In this oasis, you'll find a wide range of facilities designed for your well-being and comfort, including pools and a gym. Construction is estimated to commence in 2023 and to be completed within 24 months.
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Imagine living in an idyllic setting of 37,000 sqm by the water's edge, with 250 meters of oceanfront, literally perched upon Funchal's most famous pebble and black sand beach, Praia Formosa. In the heart of this paradise, two majestic buildings rise: Formosa Bay and Formosa Mare, featuring around 200 luxurious 2, 3, and 4-bedroom apartments. Formosa Residence is a partnership between Pestana Residence & CR7. Filled with light and harmony, all of them facing south, designed to enhance the natural beauty of the surrounding landscape and to take advantage of a privileged location that offers broad and unobstructed views of the Atlantic Ocean. From here, every day, you can witness the sunset by the imposing Cabo Girão. Here, life flows harmoniously between the sea and the land, promoting a perfect interaction between nature and modern architecture. And if that's not enough, 10,000 sqm of land will be dedicated to a public garden, creating a green blanket that merges with the approximately 6,000 sqm of private gardens and exclusive green areas for the residents, located on a higher level. In this oasis, you'll find a wide range of facilities designed for your well-being and comfort, including pools and a gym. Construction is estimated to commence in 2023 and to be completed within 24 months.
Reference:
HWHB-T782
Country:
PT
Region:
Funchal
City:
Funchal
Category:
Residential
Listing type:
For sale
Property type:
Apartment & Condo
Property size:
1,411 sqft
Bedrooms:
3
Bathrooms:
3
AVERAGE HOME VALUES IN SANTA MARIA MAIOR
REAL ESTATE PRICE PER SQFT IN NEARBY CITIES
| City |
Avg price per sqft house |
Avg price per sqft apartment |
|---|---|---|
| Tacoronte | USD 181 | - |
| Santa Cruz de Tenerife | USD 225 | USD 308 |
| Guía de Isora | USD 335 | USD 341 |
| Adeje | USD 478 | USD 433 |
| Arona | USD 306 | USD 329 |
| San Miguel de Abona | USD 271 | USD 293 |
| Las Palmas | USD 198 | USD 254 |
| Telde | - | USD 196 |
| Mogán | - | USD 418 |