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%
Vista frontale di un edificio contemporaneo in stile villa bianca con grandi schiera e sfondo marino
Vista laterale di un moderno edificio di appartamenti bianco su una collina con balconi di vetro e vista sul mare
Terrazza lounge sul tetto con divani e poltrone che si affaccia su Funchal e sull'Atlantico
Moderno edificio a schiera con piscine e grandi balconi affacciati su Funchal Bay
Terrazza della piscina a sfioro con vista sulla Baia di Funchal e sull'Oceano Atlantico a Madeira
3
CAPEX dettaglia grafico a torta che mostra terreni, costruzioni residenziali, aree comuni e costi di progettazione

Progetto 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 e 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 e 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 e investors.
  • Product: design-driven apartments con shared pool e landscaped common areas.
Strade collinari e lotti paesaggistici con ampia vista sulla città di Funchal e sull'oceano
Foto aerea che evidenzia un terreno di sviluppo sul pendio costiero sopra l'Atlantico a Madeira

Invest in ocean-view residential units

Leave your contacts a receive the full investment package per the São Gonçalo Apartments
progetto: detailed teaser, financial model (Excel] e permitting status overview. The
Danica Space team will review your request e follow up con next steps.

    What you will receive

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

    Typical profiles

    • Private e family office investors.
    • Developers seeking a compact apartment scheme in Madeira.
    • Agencies e brokers con qualified clients per ocean-view apartments.