Majestic
Faro 5 Available units
Residential project with T3 apartments, shaped around coastal living.
Typologies
| Type | Units | Area | Price |
|---|---|---|---|
| T3 | 5 | 179 m² | €890K - €1,3M |
According to Remax
Project details
- Amenities
- Parking
- Total units
- 5
- Completion
- 2027
Location and access
Nearest beach11 minPraia de Faro
Nearest airport28 minFaro Airport
International schools20 minAspire International School
Available units
| Level | Typologies | Baths | Parking | Int. area | Price |
|---|---|---|---|---|---|
| 1 | T3 | 4 | 1 | 179 m2 | €890K |
| 2 | T3 | 4 | 1 | 179 m2 | €970K |
| 3 | T3 | 4 | 1 | 179 m2 | €1,1M |
| 4 | T3 | 4 | 1 | 179 m2 | €1,1M |
| 5 | T3 | 4 | 1 | 179 m2 | €1,3M |
Competitive landscape
Price distribution
5 966 €/m²
6,9% above the neighbours’ median
Neighbouring projects by distance
- Le Parc Faro1,0 km4 139 €/m²
- Palácio BR Avenida1,4 km5 289 €/m²
- Lux Garden - Evo2,3 km5 767 €/m²
- Monte Bello3,0 km3 218 €/m²
- Ria Terraces3,0 km2 110 €/m²
- Del Mar Waterfront Living7,9 km8 563 €/m²
- Azuya9,2 km7 110 €/m²
- One Green Way9,3 km10 857 €/m²
- Villa Citrina11 km5 391 €/m²
- Oliveiras Residence14 km8 761 €/m²
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
5 966 €/m²
Forecast 12 months
6 775 €/m²
Forecast 24 months
7 693 €/m²
4. Asking price history and projection
Projection based on the 5-year CAGR.
Faro (municipality)Faro (district)
Sources: Sava New Build Index, Idealista