Majestic

Faro 5 Available units

Residential project with T3 apartments, shaped around coastal living.

Typologies

TypeUnitsAreaPrice
T35179 m²€890K - €1,3M

According to Remax

Project details

Amenities
Parking
Total units
5
Completion
para 2027

Location and access

Nearest beach11 minPraia de Faro
Nearest airport28 minFaro Airport
International schools20 minAspire International School

Available units

LevelTypologiesBathsParkingInt. areaPrice
1T341179 m2€890K
2T341179 m2€970K
3T341179 m2€1,1M
4T341179 m2€1,1M
5T341179 m2€1,3M

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

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.

€/m² 01 0002 0004 0005 000 Projection → 09/1609/1709/1809/1909/2009/2109/2209/2309/2409/2509/2609/2709/28
FaroFaro

Sources: Sava New Build Index, Idealista

Nearby projects

Faro

T2€469K108 m²1
T3€524K - €549K130 m²4

Faro

T2€462K - €528K99 - 119 m²3
T3€632K130 m²1
T4€948K161 m²1

Faro

T1€364K - €372K59 - 60 m²3
T2€491K - €678K82 - 87 m²5
T3€524K - €946K105 - 137 m²16