“Funchal is getting ready to have another dream development is defined by refinement, sophistication and timelessness by the end of next year. We are talking about Savoy Residence I Monumentalis, the AFA Group’s third real estate project, which represents an investment of 100 million euros, under the Savoy Residence seal, adding to Savoy Residence I Casa Branca and Savoy Residence Insular.
The goal is to go beyond the construction of just another real estate project. It is to create a new and modern concept of multifamily housing in Madeira, with a clear focus on elegance and all the differentiating elements that characterize the brand, including location, areas, quality of materiais, commitment to the environment and innovation. It is on the basis of these pillars that Monumentalis is being built, with access from Estrada Monumental and Rua Velha da Ajuda. (…)”
AFA Group invests in innovative real estate projects
"Founded in 1981, in the village of Calheta, on the south coast of Madeira island, the AFA Group is considered an example of how a family-run business can succeed. With its main offices still in Madeira, the group is a holding company with a consolidated international...