The Our Lady of Peace sanctuary (Portuguese: Nossa Senhora da Paz) statue which is supported by 4 Roman columns, is located here.

Following the attack on the ships, the Germans proceeded to bombard Funchal for two hours from a range of about 2 miles (3 km).

[5] In 1917 on December 12, two German U-boats, U-156 and U-157 (captained by Max Valentiner) again bombarded Funchal, Madeira.

A priest José Marques Jardim, promised in 1917 to build a monument should peace ever return to Madeira.

It incorporates the anchor chains from the sunken ships from Madeira on December 3, 1916, and is over 5 metres tall.