New one-bedroom penthouse with a private terrace in the perfect location downtown Funchal. Savoy Residence Insular is a new luxury building at the historic manufacturing facility of the Companhia Insular de Moinhos Mill. Sightsee, shop, sunbathe and swim all within few steps of your place. Enjoy high-end finishings, parking, rooftop terrace and grill only for you! The building includes doorman, a fantastic infinity pool and modern elevators all the way to your terrace. A very comfortable one bedroom on two floors: 85 square meters inside on the 4th floor and 85 square meters outdoors mostly on the 5th floor. Excellent for one adult or a couple that wants to be in the center of it all. The building was finished in the summer of 2023. On the fourth floor you’ll have a high-end bed and mattress with five-star hotel-quality, fully equipped modern kitchen with Bosch appliances, a living room with a sofa bed in case you bring a kid, a modern bathroom with shower and excellent amenities, a social half-bathroom, separate washer and dryer units and a small balcony. Then via elevator or stairs, the fifth floor has a large exclusive terrace with a lounge area, sun beds, grill, table for 4 with an amazing ocean view and another social half bathroom. Very quiet space with double-glass windows and excellent blackout drapes for an excellent night of sleep and complete privacy when needed. Temperature-control system with heating and air conditioning split unit. Private parking spot, daytime building concierge and fantastic infinity pool and solarium on the 6th floor of the building, where you will have a breathtaking view of the ocean, the harbor and the town. One of the best spots to enjoy the Christmas lights of Funchal and the New Year's Fireworks and your ideal place to enjoy Funchal with or without a car with lots of transportation alternatives at your disposal.