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%
Vue de face d’un immeuble d’appartements contemporain de style villa blanc avec de grandes terrasses et un décor de mer
Vue latérale d’un immeuble d’appartements blanc moderne sur une colline avec balcons en verre et vue sur la mer
Terrasse lounge sur le toit avec canapés et fauteuils donnant sur Funchal et l’Atlantique
Immeuble d’appartements modernes en rangée avec piscines et grands balcons donnant sur la baie de Funchal
Terrasse de piscine à infini surplombant la baie de Funchal et l’océan Atlantique à Madère
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Le graphique circulaire détaillé de CAPEX montrant les terrains, les constructions résidentielles, les espaces communs et les coûts de conception

Projet 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 et 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 et 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 et investors.
  • Product: design-driven apartments avec shared pool et landscaped common areas.
Route en colline et parcelles paysagées avec une large vue sur la ville de Funchal et l’océan
Photo aérienne mettant en valeur un terrain de développement sur une colline côtière au-dessus de l’Atlantique à Madère

Invest en ocean-view residential units

Leave your contacts à receive the full investment package pour the São Gonçalo Apartments
projet: detailed teaser, financial model (Excel] et permitting status overview. The
Danica Space team will review your request et follow up avec next steps.

    What you will receive

    • Full teaser PDF pour São Gonçalo Apartments.
    • Key financials avec GDV, costs, EBITDA et ROI en Excel format.
    • Summary of permitting status et development pathway.
    • Contact avec Danica Space team à discuss structure et JV / capital options.

    Typical profiles

    • Private et family office investors.
    • Developers seeking a compact apartment scheme en Madeira.
    • Agencies et brokers avec qualified clients pour ocean-view apartments.