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Apartments in Formosa Bay by Pestana & CR7 - Property photo 1

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Front Line Beachfront

Apartments in Formosa Bay by Pestana & CR7

€730,000
Funchal, Madeira
Listed at:July 28, 2023
Last update:December 22, 2024
2 beds
2 baths
1 terrace
137.37 sqm interior
35.79 sqm terrace

Overview

Formosa Bay Residence by Pestana & CR7 in Madeira: Embracing the Eternal Sunset
-Discover Formosa Bay Residences, an esteemed residential haven nestled in the heart of Funchal on Madeira Island.
-Enveloped by the picturesque "Formosa" beach, this exceptional project offers a unique lifestyle that harmonizes modern design with captivating oceanfront panoramas.

A Branded Residence by Pestana & Cristiano Ronaldo:
-Crafted by Pestana Hotel Group, Portugal's largest hotel conglomerate with over four decades of real estate prowess.
-Partnered with Cristiano Ronaldo's Corporate Group, reflecting the shared roots in the charming Madeira Island.

Unrivaled Location and Nearby Attractions:
-Idyllic beachfront setting in Funchal, Madeira Island.
-Direct access to the renowned "Formosa" beach, boasting 250 meters of serene coastline.
-Savor sunsets behind the grandeur of Cabo Girão, Europe's loftiest cliff at 580 meters.
-Seamless access to a 5 km seaside promenade for leisurely strolls, invigorating jogs, and scenic cycling.
-Enveloped by Estrada Monumental, granting effortless reach to commercial hubs encompassing supermarkets, pharmacies, banks, and more.

Educational Excellence:
-International School Of Madeira
-School APEL

Health and Well-being:
-Hospital Particular da Madeira - Funchal
-Hospital dos Marmeleiros

Unwind by the Seaside:
-Praia Formosa
-Doca do Cavacas Natural Pools

Culinary Delights Await:
-São Lourenço Garden Terrace Restaurant
-As Patinhas Funchal
-By The Sea restaurant

Opulent Amenities for Discerning Tastes:
-Private Swimming Pools: Select residences revel in exclusive private swimming pools, the epitome of opulence.
-Underground Parking: Enjoy the convenience of two private parking spaces per unit, ensuring secure and hassle-free access.
-Private Storage Room: Dedicated storage rooms within the building offer seamless organization and accessibility.
-Lush Green Spaces and Gardens: Experience nature's serenity within the exclusive green areas and gardens.
-Fitness and Recreation: A sea-view gymnasium equipped with modern facilities ensures you're motivated on your wellness journey.

Elegant Apartments:
-89 apartments, with 19 two-bedroom apartments and 70 three-bedroom apartments.
-2-bedroom starting at €730.000
-3-bedroom starting at €885.000
-All residences boast expansive balconies that embrace the mesmerizing sea views

Formosa Bay Residences presents an opportunity for an exclusive and lavish lifestyle within Funchal's prime location, offering beach access, captivating vistas, and nearby conveniences. Live the extraordinary.

Payment Plan

Down Payment30%
At Handover Payment70%

Building Details

Completion DateJuly 2025
Nr Parking Spots2
Total No of Units89
DeveloperPsetana residences