Ocean Terraces

Ocean Terraces is a luxury residential development in Funchal, Madeira, which will offer a combination of modern comfort, panoramic views and sophisticated finishes:

Comprising just 20 apartments, ranging from one-bedroom to three-bedroom units, many with large terraces, private patios and outdoor hot tubs in some of the top-floor units, offering stunning views of Funchal Bay

High-quality finishes: The interiors feature kitchens fitted with Bosch appliances, Silestone worktops, laminate flooring, Mitsubishi air conditioning, electric shutters, a video intercom and a heat pump system.

Communal facilities: The development features a communal swimming pool, a garage with pre-wiring for electric vehicle charging, and parking spaces

Prime location: Situated in the heart of Funchal, in the Santa Luzia neighbourhood, it offers both exclusivity and proximity to the historic centre, just a 10-minute walk away.

Project status: Construction is due to begin in October 2025.

Nearby services and amenities (estimated distances in metres):

1. Forum Madeira Shopping Centre – approximately 700 m

2. Ajuda Gardens / Ajuda Public Gardens – between 350 m and 400 m
– Beautiful green spaces, ideal for a stroll or a rest

3. Cavacas Pier – approximately 450 m
– natural pools

4. Praia Formosa – approx. 450 m
– The island’s largest public beach, with easy access for leisure activities

5. Cais do Carvão – approx. 700 m
A traditional coastal area, with restaurants and local fishing.

6. La Vie Shopping Centre – less than 900 m away
Another option for shopping, coffee or a meal

7. Co-working spaces and cafés ideal for remote working
– Places such as LOFT Brunch & Cocktails, Maia Coffee Shop