Ocean Breeze Residence

Faro, Portimão 19 Available units

Residential project with T1 to T2 apartments, arranged as a private condominium and with a swimming pool in the shared amenities.

Typologies

TypeUnitsAreaPrice
T21977 - 147 m²€517K - €1,1M

Data as of 26.10.2026

Project details

Developer
Breeze Tower
Amenities
Pool, Spa / sauna, Gym, Bars, Parking
Total units
19
Payment terms
CPCV: 20%; On completion of the structure: 10%; On completion of masonry: 10%; On completion of plastering: 10%; On installation of window frames: 10%; Deed signing: 40%
Completion
April 2027

Location and access

Nearest beach3 minPraia da Rocha
Nearest airport74 minFaro Airport
International schools19 minNobel Algarve

Available units

LevelTypologiesBathsParkingInt. areaPrice
0T22177 m2€517K
0T23197 m2€627K
1T232108 m2€647K
1T221116 m2€667K
2T231108 m2€677K
6T232111 m2€727K
7T232111 m2€737K
8T232111 m2€747K
1T232121 m2€747K
1T232121 m2€747K
2T222116 m2€777K
3T222116 m2€797K
4T222116 m2€807K
4T242125 m2€827K
0T223116 m2€937K
0T233147 m2€967K
0T232125 m2€997K
5T232122 m2€997K
8T23390 m2€1,1M

Competitive landscape

Price distribution

6 982 €/m² 23,4% above the neighbours’ median

Price forecast

1. Location price

Average asking price in Portimão

3 424 €/m²

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

2. Market dynamics

Growth 12 months +9,1%
Growth 24 months +28,9%
Forecast 12 months +11,1%
Forecast 24 months +23,4%

3. Price in this project

Average price in this project

6 982 €/m²

Forecast 12 months 7 755 €/m²
Forecast 24 months 8 614 €/m²

4. Asking price history and projection

Projection based on the 5-year CAGR.

€/m² 01 0002 0004 0005 000 Projection → Portimão · 10/2016 · 1 229 €/m²Portimão · 10/2017 · 1 298 €/m²Portimão · 10/2018 · 1 608 €/m²Portimão · 10/2019 · 1 823 €/m²Portimão · 10/2020 · 1 929 €/m²Portimão · 10/2021 · 2 137 €/m²Portimão · 10/2022 · 2 331 €/m²Portimão · 10/2023 · 2 512 €/m²Portimão · 10/2024 · 2 785 €/m²Portimão · 10/2025 · 3 274 €/m²Portimão · 10/2026 · 3 515 €/m² · ProjectionPortimão · 10/2027 · 3 904 €/m² · ProjectionPortimão · 10/2028 · 4 336 €/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
PortimãoFaro

Sources: Sava New Build Index, Idealista

Nearby projects

Ribamar

January 2030

Portimão

T1€461K - €632K89 - 98 m²9
T2€592K - €727K104 - 105 m²4
T3€905K - €927K127 m²3
T4€1,4M - €1,4M182 m²3

Portimão

T1€455K - €599K73 - 96 m²3
T2€520K - €820K91 - 150 m²12
T3€840K - €1,2M142 - 247 m²5