I managed to get out to Quinta do Lorde in Caniçal yesterday.
Although it was raining when we arrived, I could see blue sky was on the way, and sure enough the sun came out so I managed to get some photos which you can see by clicking the link below.
We had a walk round the hotel which opened last week, and they have a few guests staying at the moment. Everything is finished to a very high standard in the hotel, but other areas of the village are still to be finished , and with no supermarket open, its a bit of a ride to the one.
I personally would not want to holiday or stay out there, but if your looking for a very relaxed holiday then this could be for you, although you will certainly need to hire a car if you want to see some of the Island.