Oásis Castelo de Alvor

Portimão, Alvor 16 Available units

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

Typologies

TypeUnitsAreaPrice
T1361 m²€380K - €475K
T21184 - 151 m²€565K - €670K
T32120 m²€680K - €1,3M

According to Remax, ERA

Project details

Amenities
Parking
Total units
17
Completion
Completed, awaiting permit

Location and access

Nearest beach9 minPraia da Rocha
Nearest airport77 minFaro Airport
International schools23 minBarlavento International Primary School

Available units

LevelTypologiesBathsParkingInt. areaExt. areaPrice
1T11161 m21.45 m2€380K
3T11161 m24.85 m2€435K
2T11161 m21.45 m2€475K
0T221120 m220 m2€565K
0T221120 m2€570K
0T222120 m220 m2€570K
1T221120 m2€570K
2T22284 m217 m2€580K
2T22284 m2€590K
1T222120 m220 m2€595K
2T22192 m223 m2€610K
1T222120 m2€650K
0T222120 m2€670K
2T222151 m2€670K
0T321120 m220 m2€680K
0T332120 m2139.25 m2€1,3M

Competitive landscape

Price forecast

1. Location price

Average asking price in Alvor

3 828 €/m²

Average asking price in Alvor, including new builds and resale homes.

2. Market dynamics

Growth 12 months +8,0%
Growth 24 months +20,2%
Forecast 12 months +10,8%
Forecast 24 months +22,7%

3. Price in this project

Average price in this project

5 908 €/m²

Forecast 12 months 6 543 €/m²
Forecast 24 months 7 247 €/m²

4. Asking price history and projection

Projection based on the 5-year CAGR.

€/m² 01 0002 0004 0005 000 Projection → Alvor · 10/2016 · 1 627 €/m²Alvor · 10/2017 · 1 787 €/m²Alvor · 10/2018 · 2 030 €/m²Alvor · 10/2019 · 2 026 €/m²Alvor · 10/2020 · 2 116 €/m²Alvor · 10/2021 · 2 282 €/m²Alvor · 10/2022 · 2 869 €/m²Alvor · 10/2023 · 3 153 €/m²Alvor · 10/2024 · 3 425 €/m²Alvor · 10/2025 · 3 657 €/m²Alvor · 10/2026 · 3 927 €/m² · ProjectionAlvor · 10/2027 · 4 349 €/m² · ProjectionAlvor · 10/2028 · 4 817 €/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
AlvorFaro

Sources: Sava New Build Index, Idealista

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