Santa Luzia, Funchal · Ref 21400743
Three-Bedroom Penthouse at Uptown Lux, Santa Luzia
€3,100,000
Asking price as published by the agency on August 27, 2026. Prices change; confirm with the agency.
The short answer
A three-bedroom penthouse of 215 square metres at the top of the Uptown Lux development in Santa Luzia, Funchal, with 179 square metres of private courtyard and garden, a private pool and a two-car garage. It is still being built, and the photographs below show it that way.
The facts
| Type | apartment |
|---|---|
| Town | Santa Luzia, Funchal |
| Bedrooms | 3 |
| Bathrooms | 4 |
| Built area | 215 m² |
| Private outdoor area | 179 m² |
| Energy certificate | A |
| Status | Under construction |
| Expected completion | December 2026, per the agency's own presentation, with the note that the current status is to be confirmed |
| Reference | 21400743 |
| Sea view | Yes |
| AL licence in place | No |
Features
- Three bedrooms, four bathrooms
- 215 m2 gross area
- 179 m2 of exclusive private outdoor space - courtyard and gardens
- One private swimming pool
- Private garage, two spaces
- Fully equipped kitchen
- Air conditioning
- Home automation
- Energy rating A
- Landscaped gardens, two communal pools and a gym in the development
What we make of it
The number that decides this one is 179. That is the square metres of private outdoor space attached to the top floor, and on an island where almost every apartment terrace is a balcony you can put two chairs on, it is the whole reason the price is what it is. Santa Luzia sits above the centre of Funchal, so the view is the bay rather than the seafront, and the walk down into town is easier than the walk back. The photographs are honest about the stage it is at: bare concrete, glazing waiting to go in, the pool still a shell. The agency's presentation puts completion at December 2026 and says in its own words that the current status is to be confirmed, so confirm it before anything else.
The pictures
Photographed on site in August 2026, while the apartment was still under construction. Nothing here is a computer image.
What is not ideal about it
It is not finished, and a completion date the seller's own document flags as unconfirmed is a date to treat as a hope rather than a fact. Buying at this stage means buying a drawing and a contract, which is a different transaction from buying a house you can stand in. Santa Luzia is above the city, not on the water, so this is a bay view and a hillside address rather than a seafront one.
What we have not been able to check
These are the things this page does not yet know. They are listed rather than filled in, because a listing that guesses is worth nothing.
- Caderneta predial urbana and certidão permanente do registo predial, to check before this stays online
- Confirmation of the December 2026 completion date, which the agency's own presentation marks as to be confirmed
- The energy certificate letter for this unit - the presentation says A, the development literature says A+
Seeing it
Viewings, offers and contracts are handled by IAD Portugal, SA — not by us. Ask us for an introduction and we will put you in touch, with a reference number, so the introduction is traceable on both sides. The consultant on this listing is David Leça.
How we get paid. We introduce buyers to AMI-licensed Portuguese brokerages and are paid nothing for it — not by you, and not by the brokerage. We are a publisher, not an estate agency, and we hold no AMI licence. Madeira Atlantic Property is a publisher and introducer. It is not a real estate agency, holds no AMI licence, and does not act as a mediator in any property transaction. Read the full explanation.
Ask for an introduction
We pass your name to the named consultant on this listing and send you both the same email on the same day, with a reference number on it. Nothing is shared until you ask for it, and replying to that email withdraws the introduction.
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