Alma Luz
Tavira, Santa Luzia
Residential restoration project with T2 to T3 apartments, with gardens and shared outdoor areas and with a swimming pool in the shared amenities.
Project details
- Developer
- Madre Development
- Official website
- Almaluz.pt
- Floors
- 3 floors
- Amenities
- Pool, Spa / sauna, Gym, Parking
- Total units
- 54
- Documents
- Presentation
- Payment terms
- (T1)10.000 EUR Reservation; (T2)20.000 EUR Reservation; PSPA 30%; Deed 70%
- Completion
- 2029
Location and access
Nearest beach4 minPraia do Barril
Nearest airport52 minFaro Airport
International schools5 minColégio Santiago Internacional
Market
1. Location price
Average asking price in Santa Luzia
4 658 €/m²
Average asking price in Santa Luzia, including new builds and resale homes.
2. Market dynamics
Growth 12 months
+8,4%
Growth 24 months
+40,5%
Forecast 12 months
+13,9%
Forecast 24 months
+29,8%
3. Price in this project
Average price in this project
6 798 €/m²
Forecast 12 months
7 745 €/m²
Forecast 24 months
8 825 €/m²
4. Asking price history and projection
Projection based on the 5-year CAGR.
Santa LuziaFaro
Sources: Sava New Build Index, Idealista