Ocean Breeze Residence
Faro, Portimão
Residential project with T1 to T2 apartments, arranged as a private condominium and with a swimming pool in the shared amenities.
Typologies
| Type | Units | Area | Price |
|---|---|---|---|
| T1 | 3 | 77 - 108 m² | €517K - €577K |
| T2 | 13 | 90 - 148 m² | €627K - €1,1M |
According to ERA
Project details
- Developer
- Breeze Tower
- Amenities
- Pool, Spa / sauna, Gym, Parking
- Total units
- 16
- Payment terms
- 20% com assinatura CPCV; 10% com estrutura concluída; 10% com alvenarias concluídas; 10% com reboco concluído; 10% com alumínios concluídos; 40% com escritura
- Completion
- Abril 2027
Location and access
Nearest beach3 minPraia da Rocha
Nearest airport74 minFaro Airport
International schools19 minNobel Algarve
Construction progress
Photos from 8 September 2026
Market
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
6 583 €/m²
Forecast 12 months
7 312 €/m²
Forecast 24 months
8 122 €/m²
4. Asking price history and projection
Projection based on the 5-year CAGR.
PortimãoFaro
Sources: Sava New Build Index, Idealista