Le Parc Faro
Faro 5 Available units
Residential restoration project with T2 to T3 apartments, arranged as a private condominium and preserving the building's architectural character.
Location and access
Nearest beach12 minPraia de Faro
Nearest airport29 minFaro Airport
International schools18 minNobel Algarve
Available units
| Fraction | Level | Typologies | Baths | Parking | Int. area | Ext. area | Price | Floor plan |
|---|---|---|---|---|---|---|---|---|
| 6.3 | 6 | T2 | 2 | 2 | 108 m2 | 28 m2 | €469K | Floor plan |
| 2.1 | 2 | T3 | 3 | 1 | 130 m2 | 28 m2 | €524K | Floor plan |
| 3.1 | 3 | T3 | 3 | 1 | 130 m2 | 28 m2 | €526K | Floor plan |
| 4.1 | 4 | T3 | 3 | 1 | 130 m2 | 28 m2 | €531K | Floor plan |
| 5.1 | 5 | T3 | 3 | 2 | 130 m2 | 130 m2 | €549K | Floor plan |
Market
1. Location price
Average asking price in Faro
3 885 €/m²
Average asking price in Faro, including new builds and resale homes.
2. Market dynamics
Growth 12 months
+17,0%
Growth 24 months
+26,2%
Forecast 12 months
+13,6%
Forecast 24 months
+28,9%
3. Price in this project
Average price in this project
4 139 €/m²
Forecast 12 months
4 699 €/m²
Forecast 24 months
5 336 €/m²
4. Asking price history and projection
Projection based on the 5-year CAGR.
FaroFaro
Sources: Sava New Build Index, Idealista