The beautiful hillside location of Palheiro Estate makes it ideal for discerning property owners: quiet and peaceful with ocean views, yet within easy reach of Funchal city centre and the international airport of Madeira Island. This select development comprises 37 luxury apartments and 48 villas set in lush, landscaped gardens. Properties range from 1-, 2- and 3-bedroom apartments to 3- and 4-bedroom villas, designed by Portugal based, international architect Michael Brown. Traditional in design and high in specification, they set new standards of comfort and quality.

All property owners enjoy special concessions at the various facilities around Palheiro Estate, including the Casa Velha do Palheiro hotel, the 18-hole Cabell Robinson golf course and use of the M.Y. Balancal motor yacht.

The 3-bedroom Type 3 villas in Palheiro Village (Funchal, Madeira Island) have light and spacious interiors enjoying stunning views over the Bay of Funchal and the Atlantic Ocean.   In addition to a large, open plan lounge-dining area with vaulted ceiling, the extensive terrace areas make the most of indoor-outdoor living, with a 5 m. swimming pool complete with Jet-stream swimming system.

The following fittings and equipment are included:

Under-floor heating to living areas & bedrooms

Pre-installation for air-conditioning

Fully fitted kitchen with Bosch equipment and granite worktops

Extensive use of stone and terracotta floor and wall tiles

Fitted wardrobes to bedrooms

Open fireplace

Full double glazing with laminated external pane

Security system

Cable TV connection

5.00 x 2.50 m. swimming pool with Jet-stream swimming system

Typical gross construction areas for Type 3B villas are as follows (sq.m.):

Covered construction area 201, Lounge terrace 18, Total floor area 219, Carport 23

Total construction area 242 sq.m.

The prices of these 3-bedroom type 3 villas range from €920.000 to €1.150.000,00.   The sales price does not include property transfer costs, i.e. IMT tax, registration and notarial fees, which together amount to approximately 7% of the purchase price.

As Property Owners, purchasers in Palheiro Village have access to the facilities within the Palheiro Estate, including the following:

Palheiro Golf – 50% discount off green fees (30% for Owners Guests)

Palheiro Spa – Free access to Spa facilities to end-2014; thereafter 50% discount

Hotel (Casa Velha do Palheiro) – 30% discount (subject to availability)