5 Senses Apartments
Portimão 20 Available units
Residential project with T2 to T3 apartments, arranged as a private condominium and with gardens and shared outdoor areas.
Typologies
| Type | Units | Area | Price |
|---|---|---|---|
| T1 | 3 | 73 - 96 m² | €455K - €599K |
| T2 | 12 | 91 - 150 m² | €520K - €820K |
| T3 | 5 | 142 - 247 m² | €840K - €1,2M |
According to JLL, Engel Voelkers
Project details
- Developer
- Matriz Favorita
- Amenities
- Pool, Bars, Parking
- Total units
- 30
- Payment terms
- CPCV: 20%; Deed signing: 80%
- Completion
- 2026
Location and access
Nearest beach4 minPraia da Rocha
Nearest airport72 minFaro Airport
International schools20 minNobel Algarve
Available units
| Fraction | Level | Typologies | Baths | Parking | Int. area | Price | Floor plan |
|---|---|---|---|---|---|---|---|
| N | 2 | T1 | 1 | 1 | 73 m2 | €455K | Floor plan |
| T | 3 | T1 | 1 | 1 | 73 m2 | €480K | Floor plan |
| B | T2 | 2 | 1 | 109 m2 | €520K | Floor plan | |
| I | 1 | T2 | 2 | 1 | 92 m2 | €540K | Floor plan |
| O | 2 | T2 | 2 | 1 | 93 m2 | €550K | Floor plan |
| J | 1 | T2 | 2 | 1 | 98 m2 | €575K | Floor plan |
| D | T2 | 2 | 1 | 114 m2 | €598K | Floor plan | |
| Z | 4 | T1 | 1 | 1 | 96 m2 | €599K | Floor plan |
| C | T2 | 2 | 1 | 116 m2 | €599K | Floor plan | |
| S | 3 | T2 | 2 | 2 | 94 m2 | €645K | Floor plan |
| W | 3 | T2 | 2 | 2 | 91 m2 | €664K | Floor plan |
| U | 3 | T2 | 2 | 1 | 93 m2 | €664K | Floor plan |
| AA | 4 | T2 | 2 | 1 | 143 m2 | €760K | Floor plan |
| AB | 4 | T2 | 2 | 2 | 149 m2 | €775K | Floor plan |
| AC | 4 | T2 | 2 | 2 | 150 m2 | €820K | Floor plan |
| E | T3 | 2 | 2 | 148 m2 | €840K | Floor plan | |
| L | 1 | T3 | 2 | 2 | 161 m2 | €875K | Floor plan |
| R | 2 | T3 | 2 | 2 | 142 m2 | €880K | Floor plan |
| X | 3 | T3 | 2 | 2 | 142 m2 | €920K | Floor plan |
| AD | 4 | T3 | 2 | 2 | 247 m2 | €1,2M | Floor plan |
Competitive landscape
Price distribution
5 759 €/m²
1,8% above the neighbours’ median
Neighbouring projects by distance
- Ribamar0,4 km6 664 €/m²
- Horus Residences0,5 km7 040 €/m²
- BeachWalk Residences0,7 km5 671 €/m²
- Ocean Breeze Residence0,9 km6 982 €/m²
- Quinta de S. Pedro1,4 km6 382 €/m²
- The Corner1,4 km5 647 €/m²
- Genuino Porto Seguro1,7 km3 909 €/m²
- Genuíno Cerca do Colégio1,7 km4 220 €/m²
- Lunamar Apartments1,8 km3 625 €/m²
- Marin2,1 km4 449 €/m²
Price forecast
1. Location price
Average asking price in Portimão
3 424 €/m²
Average asking price in Portimão, including new builds and resale homes.
2. Market dynamics
Growth 12 months
+9,1%
Growth 24 months
+28,9%
Forecast 12 months
+11,1%
Forecast 24 months
+23,4%
3. Price in this project
Average price in this project
5 759 €/m²
Forecast 12 months
6 397 €/m²
Forecast 24 months
7 105 €/m²
4. Asking price history and projection
Projection based on the 5-year CAGR.
PortimãoFaro
Sources: Sava New Build Index, Idealista