Scale of ‘Dubai Madeira’ revealed

400 new apartments – videos

'Dubai Madeira artists impression
‘Dubai Madeira’ artists impression

Both local newspapers report on the ‘Dubai Madeira’ project, a luxury housing development that will be born in the west of Funchal, representing a private investment of €300 million, the largest ever made in the autonomous region, as announced yesterday.

According to the promoters of the “Dubai Madeira” project, nine luxury residential buildings will be built in the Ajuda area, in the parish of São Martinho, with a total of around 400 apartments, from T1 to T4 typologies.

The first building should be completed next year and the last two in 2028, said the executive president of Socicorreia, the company responsible for the project, together with the Madeiran group AFA.

The buildings will have a maximum of nine floors and will “all be different from each other”, stressed Custódio Correia, adding that “they all have commerce at the ground floor level”, as well as parking for all fractions.

More details here. The videos below reveal the magnitude of the project.

COVID-19 in Madeira: updates can be found in an earlier post

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18 thoughts on “Scale of ‘Dubai Madeira’ revealed”

  1. 400 “luxury” apartments? Just what the island needs I don’t think. Then again, all those people buying Golden Visas need somewhere to live.

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  2. One wonders what the ultimate plans for Funchal are. On our first visit since 2018 we were amazed at just how much work had been done, some welcome the rest WELL!!!!

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  3. The problem with Madeira is that most men are employed in construction so the building goes on and on whether the apartments are occupied or not. The people in power seem to be oblivious to the damage they are doing to the island and ignore the worldwide recessionary signals….!

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  4. Do the developers need planning permission or, as the article suggests, it has already been granted given the timescale saying the first building will be ready by next year. Does Madeira have tight planning regulations with local people being consulted? It would be interesting to know how they responded, if consulted.

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    • Planning permission was granted for the original project that was planned there many years ago – I recall an estate agent having a full-sized odel maybe ten years ago – not too dissimilar to what is proposed now.

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  5. i”ve been visiting madeira since the 80’s when the hotel zone was simply banana plantations. In the past 5 years or so ; I have begun to think, we’ll holiday elsewhere. It is losing the very reason why people come in the first place! nature; levadas; the quiet tranquility; good food; lack of bling & commercialism and mcDonalds etc etc .

    First the classic Savoy was replaced with the gargantuan super-blingy savoy palace. The same company are building in the town centre and now this. It is ruining the island and the constant noise from building works,ruins a good holiday. There are plenty nearer places than Madeira, if people want a “kiss me quick” – style holiday AND with Beaches! I will always remember Madeira fondly and have had dozens of fantastic hoilidays here; but time to move on for us.

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    • Os Açores remain unspoilt. I would suggest visiting São Miguel island first. Then pick from Terceira, Faial, Pico, São Jorge. All beautiful with their own character. Then there are the other four smaller islands. They are just a two-hour flight from Portugal.

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