Recently launched by AFA Real Estate, the Savoy Residence | Monumentalis is a luxury-apartment complex that combines all the differentiating elements that characterise its umbrella brand, Savoy Residence: location, areas, quality, use of high quality materials in construction, and commitment to the environment. It is the third real estate project of the Savoy Residence collection, and it is expected to be completed by the end of 2023.
The condominium includes 147 apartments, with 1 up to 4 bedrooms. In each apartment, all rooms are suites, the kitchen is fully equipped, the air conditioning allows individual climate control, and the automatic system provides for a smart home. Comfort and security are guaranteed by a 24-hour doorman in addition to a box garage with one parking space for each room. It also comprises penthouses with unique terraces and heated private pools.
Designed by RH+ Arquitectos atelier, it offers a new concept of multifamily housing in Madeira. The balconies are spacious, all of them with a definite sea view. There are outdoor recreational spaces, a large swimming pool, and an extensive common garden.
Like the other projects of the family, Savoy Residence | Monumentalis grants exclusive access to the Savoy Signature hotel collection services through the Savoy Resident Card available to all the owners. It comprises several benefits, including access to the various services and common areas of the hotels.
As for the location, Madeira is just a few hours away from the main European capitals, many of which with direct flights. Furthermore, for those wishing to invest, Madeira will be one of the few regions in Portugal where, as of 2022, Residence Permits for Investment Activity (ARI), known as the "Golden Visa", will continue to be granted to foreign citizens who acquire real estate for residential purposes.
For further information, please contact the promotor.