Funchal – Ten Villas on Palheiro Ridge

Ten-view villas on São Gonçalo / Palheiro ridge con panoramic Funchal Bay views

Ten-villa residential development on the sun-exposed São Gonçalo / Palheiro ridge, overlooking Funchal Bay and the Atlantic. The site offers an amphitheatre-like setting with layered plots stepping down towards the view, combining privacy, open panoramas and quick access to the city centre and marina.

The concept focuses on modern villas in the upper-mid to prime segment, with clean architecture, generous glazing, deep terraces and optional infinity pools. Internal access road, on-plot parking and curated landscaping make the enclave function as a private “villas-only” neighbourhood within minutes of Funchal’s main urban amenities.

Deal at a glance
CAPEX (pre-financing] € 12.45M
EBITDA (one-off] € 7.80M
GDV (revenue] € 20.25M
EBITDA margin on GDV ≈ 38.5%
ROI on CAPEX ≈ 62.7%
Salón de lujo con gran sofá modular, lámpara de cristal y plantas de interior junto a ventanas de altura completa
Cocina minimalista de mármol blanco con isla, barra de barra y tres taburetes color turquesa
Salón espacioso con sofá modular, candelabros redondos y vistas a la ciudad a través de ventanas de suelo a techo
Baño de mármol con bañera independiente, tocador montado en la pared y mural de pared de hoja de palma blanda
Baño con azulejos de terrazo, pared de ducha azul y bañera empotrada con iluminación LED
Esquina de lectura con sillón tapizado curvado, espejo de suelo y suelo de mármol junto a la ventana de altura completa
Comedor con mesa redonda de madera, sillas tapizadas y una lámpara de araña escultórica frente a altas ventanas
Gráfico circular de componentes CAPEX que muestra la estructura de costes para el proyecto de desarrollo de villas

Proyecto overview

The project envisions ten detached villas positioned along an internal road on the hillside, all oriented towards Funchal Bay. Each villa offers private garden space, optional pool, open-plan living areas and large glazed facades capturing the view.

The product is designed for international and local buyers in the upper segment: families relocating to Madeira, second-home buyers and investors seeking a liquid, high-demand asset in a limited-supply location. Layouts and plot sizes can be tuned to mix 3–5 bedroom villas with flexible basement and garage options.

Highlights

  • South-facing ridge con panoramic views over Funchal Bay y the Atlantic.
  • Ten modern villas con optional infinity pools y generous terraces.
  • Private internal road y on-plot parking, ready para EV charging setup.
  • Upper-mid a prime segment con strong owner-occupier y second-home demand.
  • Short drive a Palheiro Golf, Funchal old town y the marina.

Location y positioning

The São Gonçalo / Palheiro ridge is one of Funchal’s most attractive residential view corridors, combining altitude, sun exposure and quick access to the city. Most of the surrounding stock is fragmented and built out, which increases the value of a coherent ten-villa masterplan on a single plot.

  • Gross plot area: 8 405.27 m².
  • GFA (built]: 3 000 m².
  • NSA (sellable]: 2 700 m² (efficiency ≈ 90%].
  • Average pricing assumption: € 7 500 /m² (NSA].
  • Land price: € 2 600 000 (≈ € 309/m² gross land].
Vista panorámica al atardecer sobre la bahía de Funchal y el océano Atlántico desde una carretera en una colina en Madeira