Funchal – Ten Villas on Palheiro Ridge
Ten-view villas on São Gonçalo / Palheiro ridge with 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.
| Headroom à break-even | |
|---|---|
| ≈ 38.5% above BE | € 12.45M |
| Component | € 7.80M |
| Land acquisition | € 20.25M |
| Base construction (villas] | ≈ 38.5% |
| Contingency | ≈ 62.7% |
balance
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.
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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].
