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. (IN-PF31269)