Elite I Grand View

Portugal

Madeira

about the project

Information

December 30, 2027
Estreito de Câmara de Lobos is one of the most authentic and steadily developing residential areas on Madeira Island, located just minutes from Funchal and the coastline.

The region combines:
Traditional Madeiran character with modern residential growth
Scenic hillside positioning with panoramic ocean and valley views
Lower density compared to central Funchal
Strong local community infrastructure
Convenient road connections to the island’s main highways
Câmara de Lobos municipality is historically significant and economically active, known for its fishing heritage, wine production and growing residential demand.
For investors, the region offers:
Competitive entry prices compared to central Funchal
Stable long-term rental demand
Consistent capital growth driven by limited new land availability
A balanced mix of lifestyle and investment appeal

Estreito is increasingly chosen by residents seeking quality living outside the tourist-heavy zones, while remaining fully connected to urban infrastructure.
Elite | Grand View apartments are designed with a focus on practicality, comfort and long-term usability.

Key residential features:
Fully equipped kitchens with Teka appliances (or equivalent)
Silestone countertops and backsplash
Built-in wardrobes in all bedrooms
Reinforced oak entrance doors
Acoustic vinyl flooring (light walnut tone)
Double-glazed Cortizo aluminium windows with thermal break
Pre-installation for split air-conditioning systems
LG-type heat pump for hot water
Private storage room for each unit
Two underground parking spaces per apartment
Spacious balconies or terraces
Dedicated laundry area (prepared for washer and dryer installation)
Layouts are optimized for natural light, efficient circulation, and clear separation between living and private zones.
Elite | Grand View is located in Estreito de Câmara de Lobos, a well-established residential area on Madeira Island.

The location offers:
Quick access to Câmara de Lobos and Funchal
Strong local infrastructure (schools, supermarkets, pharmacies, cafés)
Residential environment outside tourist-heavy zones
Elevated positioning with open views of the sea, city and surrounding landscape
Stable long-term housing demand
The area is increasingly considered a balanced alternative to central Funchal, combining accessibility, livability and pricing stability.
The project offers a structured construction-stage payment model:
20% — upon reservation / contract signing
20% — after 6 months
60% — upon deed (before completion)
This phased structure allows investors to secure the unit early while distributing capital allocation over the construction period.

Elite | Grand View is a contemporary residential development located in Estreito de Câmara de Lobos, combining architectural clarity, functional layouts, and quality construction standards.
The project consists of 45 apartments (T1, T2 and T3 typologies) distributed across four buildings. It is designed primarily for permanent living and long-term value stability rather than short-term tourist use.
This is the fifth project developed by Vicente Vieira — a reputable local developer known for construction quality, innovation, and sustainability standards.

Concept & Infrastructure
Each apartment includes:
* Fully equipped kitchen
* Pre-installation for air conditioning
* Heat pump system (LG type)
* Balcony or terrace
* Private storage room
* 2 parking spaces
On the rooftop of Building A, residents benefit from an exclusive area featuring:
* Swimming pool
* Solarium
* Panoramic views of the sea, city, and surrounding landscape
Landscaped green areas and open outdoor spaces enhance everyday comfort and quality of life.

Architecture & Finishing Standards
The project integrates durable materials and modern engineering solutions.
Interior & Finishes
* Reinforced solid oak entrance door
* White interior doors
* Built-in wardrobes (white lacquered fronts, grey melamine interior)
* Acoustic vinyl flooring (light walnut tone)
* White skirting boards
* Suspended ceilings (moisture-resistant plasterboard)
Kitchen
* Thermolaminated cabinetry (walnut and white combination)
* Silestone Miami White countertop and backsplash
* Teka appliances (or equivalent): oven, microwave, hob, extractor, fridge-freezer, dishwasher
* Teka stainless steel sink and mixer
Bathrooms
* Wall-mounted sanitary ware (Cifial / Sanindusa with Geberit system)
* Resin stone-type shower trays (ASD white)
* Revigres Limestone Mist ceramic wall and floor tiles
* Silestone countertops
* Suspended vanity units
Additional Features
* Dedicated laundry area (prepared for washing and drying machines)
* Cortizo aluminium window frames with double glazing and thermal break
* Schindler or Otis elevators
* Underground parking with epoxy flooring
* Sectional garage gate with remote control

Positioning
Elite | Grand View represents:
* Mid-rise residential architecture
* Controlled density
* Lifestyle amenities without compromising privacy
* A stable residential location outside tourist congestion
The project is suitable for buyers who prioritize:
* Everyday practicality
* Privacy
* Quality finishing standards
* Balanced pricing and long-term usability

Investment Perspective
Estreito de Câmara de Lobos continues to strengthen its residential appeal due to:
* Proximity to Funchal
* Established local infrastructure
* Stable rental and buyer demand
* Limited pipeline of new developments
Elite | Grand View offers a controlled supply format with clear capital structure logic and growth potential toward project completion.