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 a break-even
≈ 38.5% above BE € 12.45M
Component € 7.80M
Land acquisition € 20.25M
Base costruzione (villas] ≈ 38.5%
Contingency ≈ 62.7%
Salotto di lusso con ampio divano a pieno spazio, lampadario di cristallo e piante da interno vicino a finestre a tutta altezza
Cucina minimalista in marmo bianco con isola, bancone e tre sgabelli da bar color turchese
Soggiorno spazioso con divano modulare, lampadari rotondi e vista sulla città attraverso finestre dal pavimento al soffitto
Bagno in marmo con vasca da bagno indipendente, toeletta montata a muro e murale morbido a foglia di palma
Bagno con piastrelle in terrazzo, parete doccia blu e vasca da bagno a incassato con illuminazione LED
Angolo di lettura con sedia rivolta imbottita, specchio da pavimento e pavimento in marmo accanto a una finestra a tutta altezza
Area pranzo con tavolo rotondo di legno, sedie imbottite e lampadario scultoreo davanti a alte finestre
Grafico a torta dei componenti CAPEX che mostra la struttura dei costi per il progetto di sviluppo della villa

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].
Vista panoramica al tramonto sulla Baia di Funchal e sull'Oceano Atlantico da una strada collinare a Madeira