Genuíno Cerca do Colégio

Portimão 31 Available units

Residential project with T1 to T3 apartments, shaped around coastal living.

Typologies

TypeUnitsAreaPrice
T1652 m²€235K - €250K
T21824 - 89 m²€265K - €320K
T37106 - 132 m²€350K - €405K

According to Remax, Luximos

Project details

Floors
10
Total units
32
Completion
2028

Location and access

Nearest beach6 minPraia da Rocha
Nearest airport71 minFaro Airport
International schools19 minNobel Algarve

Available units

LevelTypologiesBathsParkingInt. areaExt. areaPrice
2T11152 m2€235K
4T11152 m2€240K
2T11152 m2€240K
4T11152 m2€245K
5T11152 m2€245K
7T11152 m2€250K
3T22124 m2€265K
4T22124 m2€268K
5T22124 m2€270K
1T22124 m2€280K
6T22124 m2€290K
1T22181 m2€300K
1T22178 m2€300K
2T22178 m2€303K
2T22172 m2€305K
4T22181 m2€308K
5T22181 m2€310K
3T22178 m2€310K
6T22181 m2€313K
4T22178 m2€315K
4T22172 m2€315K
7T22189 m2€315K
5T22178 m2€320K
5T22172 m2€320K
0T321106 m2€350K
0T321106 m2€350K
1T321113 m2€360K
6T341115 m2€379K
6T321113 m239.4 m2€395K
7T341115 m2€400K
7T321132 m2€405K

Competitive landscape

Price distribution

4 220 €/m² 26,2% below the neighbours’ median

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

4 220 €/m²

Forecast 12 months 4 687 €/m²
Forecast 24 months 5 206 €/m²

4. Asking price history and projection

Projection based on the 5-year CAGR.

€/m² 01 0002 0004 0005 000 Projection → Portimão · 10/2016 · 1 229 €/m²Portimão · 10/2017 · 1 298 €/m²Portimão · 10/2018 · 1 608 €/m²Portimão · 10/2019 · 1 823 €/m²Portimão · 10/2020 · 1 929 €/m²Portimão · 10/2021 · 2 137 €/m²Portimão · 10/2022 · 2 331 €/m²Portimão · 10/2023 · 2 512 €/m²Portimão · 10/2024 · 2 785 €/m²Portimão · 10/2025 · 3 274 €/m²Portimão · 10/2026 · 3 515 €/m² · ProjectionPortimão · 10/2027 · 3 904 €/m² · ProjectionPortimão · 10/2028 · 4 336 €/m² · ProjectionFaro · 10/2016 · 1 534 €/m²Faro · 10/2017 · 1 800 €/m²Faro · 10/2018 · 2 031 €/m²Faro · 10/2019 · 2 179 €/m²Faro · 10/2020 · 2 347 €/m²Faro · 10/2021 · 2 565 €/m²Faro · 10/2022 · 2 960 €/m²Faro · 10/2023 · 3 246 €/m²Faro · 10/2024 · 3 570 €/m²Faro · 10/2025 · 3 946 €/m²Faro · 10/2026 · 4 275 €/m² · ProjectionFaro · 10/2027 · 4 746 €/m² · ProjectionFaro · 10/2028 · 5 268 €/m² · Projection 10/1610/1710/1810/1910/2010/2110/2210/2310/2410/2510/2610/2710/28
PortimãoFaro

Sources: Sava New Build Index, Idealista

Nearby projects

Portimão

T1€270K52 m²1
T2€275K - €350K72 - 79 m²10
T3€345K - €380K95 - 102 m²7

Faro, Portimão

T3€650K - €895K127 - 142 m²3