São Gonçalo Apartments

Boutique 9-unit residential scheme by Palheiro Golf, Funchal

A boutique, view-focused residential project in São Gonçalo, on the hills above Funchal and next to Palheiro Golf. The building offers nine well-composed units that balance compact private footprints with generous outdoor terraces and a pool deck, opening towards panoramic ocean and city views.

Architecture focuses on clean volumes, floor-to-ceiling glazing and efficient circulation, while the specification includes premium porcelain and stone surfaces, built-in kitchens, A/C and an energy-efficient envelope. Amenities include a shared pool deck, landscaped common zones and convenient parking on site or nearby.

Deal at a glance
Gross Revenue (GDV] € 7.82M
Total costs (incl. promotion] € 5.43M
Net profit / EBITDA (one-off] € 2.39M
EBITDA margin on GDV ≈ 30.6%
ROI on total cost ≈ 44.1%
Frontansicht des zeitgenössischen Wohngebäudes im weißen Villa-Stil mit großen Terrassen und Meereshintergrund
Seitenansicht des modernen weißen Wohnhauses am Hang mit Glasbalkonen und Meerblick
Dachterrasse mit Sofas und Sesseln mit Blick auf Funchal und den Atlantik
Modernes Reihenhaus mit Pools und großen Balkonen mit Blick auf die Funchal Bay
Infinity-Pool-Terrasse mit Blick auf die Funchal-Bucht und den Atlantischen Ozean auf Madeira
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CAPEX detailliertes Tortendiagramm zeigt Grundstück, Wohnbau, Gemeinschaftsbereiche und Entwurfskosten

Projekt overview

The scheme is positioned on a hillside plot that overlooks Funchal Bay and the Atlantic, within walking distance of Palheiro Golf and a short drive to the city centre and marina. It is designed for upper-mid market buyers seeking a modern, efficient apartment with strong views and shared amenities in a compact building.

The unit mix (T0×1, T1×5, T2×2, T3+1×1] creates a balanced spread of entry-level and larger apartments, allowing flexible pricing and sales phasing. Deep terraces extend living spaces outdoors, while a pool deck and lounge areas add value for both owner-occupiers and investment buyers.

Program und areas

  • Residential area (AB]: 802.39 m².
  • Gross built area (ABT]: 1 667.25 m².
  • Common areas: 864.86 m².
  • Net-to-gross efficiency (AB / ABT]: 48.1%.
  • Unit mix: 9 units (T0×1, T1×5, T2×2, T3+1×1].
  • Positioning: upper-mid segment, ocean panoramas, golf adjacency.

Location und positioning

São Gonçalo is one of Funchal’s recognised residential hillsides, with a combination of sun exposure, views and accessibility. Being next to Palheiro Golf and minutes from key city amenities supports both local demand and international buyers looking for a base in Madeira with strong lifestyle value and investment logic.

  • Location: Funchal (São Gonçalo], Madeira – Palheiro Golf vicinity.
  • Target buyer: local upper-mid, international second-home und investors.
  • Product: Design-driven apartments mit shared pool und landscaped common areas.
Hangstraße und angelegte Grundstücke mit weitem Blick auf die Stadt Funchal und den Ozean
Luftaufnahmen, die das Entwicklungsgelände am Küstenhang oberhalb des Atlantiks auf Madeira hervorzeigen

Invest in ocean-view residential units

Leave your contacts bis receive the full investment package für the São Gonçalo Apartments
Projekt: detailed teaser, financial model (Excel] und permitting status overview. The
Danica Space team will review your request und follow up mit next steps.

    What you will receive

    • Full teaser PDF für São Gonçalo Apartments.
    • Key financials mit GDV, costs, EBITDA und ROI in Excel format.
    • Summary of permitting status und development pathway.
    • Contact mit Danica Space team bis discuss structure und JV / capital options.

    Typical profiles

    • Private und family office investors.
    • Developers seeking a compact apartment scheme in Madeira.
    • Agencies und brokers mit qualified clients für ocean-view apartments.