Lux Garden - Evo
Faro 19 Available units
Residential project with T1 to T3 apartments, supported by hotel-style services and arranged as a private condominium.
Typologies
| Type | Units | Area | Price |
|---|---|---|---|
| T2 | 5 | 82 - 87 m² | €491K - €678K |
| T3 | 14 | 105 - 137 m² | €524K - €946K |
Project details
- Developer
- Libertas
- Floors
- 6 floors
- Amenities
- Pool, Spa / sauna, Gym, Parking
- Total units
- 115
- Payment terms
- CPCV: 20%; On installation of window frames: 20%; Deed signing: 60%
- Completion
- 2027
Location and access
Nearest beach12 minPraia de Faro
Nearest airport29 minFaro Airport
International schools17 minNobel Algarve
Available units
| Fraction | Level | Typologies | Baths | Parking | Int. area | Ext. area | Price | Floor plan |
|---|---|---|---|---|---|---|---|---|
| B | 4 | T2 | 1 | 1 | 82 m2 | 17 m2 | €491K | Floor plan |
| A | T3 | 2 | 1 | 105 m2 | 39 m2 | €524K | Floor plan | |
| A | T3 | 3 | 2 | 122 m2 | 36 m2 | €545K | Floor plan | |
| A | 2 | T3 | 2 | 1 | 106 m2 | 12 m2 | €557K | Floor plan |
| A | T3 | 3 | 2 | 125 m2 | 51 m2 | €562K | Floor plan | |
| A | 3 | T3 | 2 | 1 | 106 m2 | 12 m2 | €574K | Floor plan |
| A | 4 | T3 | 2 | 1 | 106 m2 | 12 m2 | €590K | Floor plan |
| B | T3 | 3 | 1 | 132 m2 | 40 m2 | €598K | Floor plan | |
| A | 2 | T3 | 3 | 2 | 125 m2 | 37 m2 | €607K | Floor plan |
| A | 3 | T3 | 3 | 2 | 125 m2 | 37 m2 | €623K | Floor plan |
| A | 1 | T3 | 3 | 2 | 137 m2 | 31 m2 | €628K | Floor plan |
| A | 4 | T3 | 3 | 2 | 125 m2 | 37 m2 | €640K | Floor plan |
| A | 5 | T2 | 2 | 2 | 87 m2 | 43 m2 | €650K | Floor plan |
| A | 5 | T2 | 2 | 1 | 86 m2 | 50 m2 | €672K | Floor plan |
| B | 5 | T2 | 2 | 1 | 86 m2 | 54 m2 | €672K | Floor plan |
| B | 5 | T2 | 2 | 2 | 86 m2 | 64 m2 | €678K | Floor plan |
| A | 5 | T3 | 2 | 2 | 106 m2 | 52 m2 | €760K | Floor plan |
| B | 5 | T3 | 3 | 2 | 132 m2 | 97 m2 | €869K | Floor plan |
| A | 5 | T3 | 3 | 2 | 134 m2 | 82 m2 | €946K | Floor plan |
Competitive landscape
Price distribution
5 767 €/m²
8,0% above the neighbours’ median
Neighbouring projects by distance
Price forecast
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
5 767 €/m²
Forecast 12 months
6 549 €/m²
Forecast 24 months
7 436 €/m²
4. Asking price history and projection
Projection based on the 5-year CAGR.
Faro (municipality)Faro (district)
Sources: Sava New Build Index, Idealista