PLUZ Premium Living

Lagos, Luz 6 Available units

Villa development with T3 to T4 villas, with gardens and shared outdoor areas and with a swimming pool in the shared amenities.

Typologies

TypeUnitsAreaPrice
T33239 - 240 m²€2,7M - €2,8M
T43300 m²€3,2M - €3,4M

According to JLL

Project details

Amenities
Pool, Gym, Rooftop, Parking
Total units
9
Payment terms
Reservation: 10%; CPCV: 40%; Deed signing: 50%; Promissory construction contract: 10%; Construction contract: 20%; At groundbreaking: 10%; On completion of the structure: 20%; Core and shell: 20%; At handover: 20%; Reservation: 5%; CPCV: 25%; Deed signing: 70%

Location and access

Nearest beach15 minMeia Praia
Nearest airport89 minFaro Airport
International schools4 minBarlavento International Primary School

Available units

FractionLevelTypologiesBathsParkingInt. areaExt. areaPriceFloor plan
5T342239 m256 m2€2,7MFloor plan
6T342240 m220 m2€2,7MFloor plan
7T342240 m25 m2€2,8MFloor plan
4T452300 m272 m2€3,2MFloor plan
1T452300 m213 m2€3,3MFloor plan
3T452300 m213 m2€3,4MFloor plan

Competitive landscape

Price forecast

1. Location price

Average asking price in Luz

4 737 €/m²

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

2. Market dynamics

Growth 12 months -0,5%
Growth 24 months +9,3%
Forecast 12 months +12,6%
Forecast 24 months +26,9%

3. Price in this project

Average price in this project

11 126 €/m²

Forecast 12 months 12 532 €/m²
Forecast 24 months 14 117 €/m²

4. Asking price history and projection

Projection based on the 5-year CAGR.

€/m² 01 0003 0005 0006 000 Projection → Luz · 10/2016 · 2 177 €/m²Luz · 10/2017 · 2 404 €/m²Luz · 10/2018 · 2 726 €/m²Luz · 10/2019 · 2 748 €/m²Luz · 10/2020 · 2 614 €/m²Luz · 10/2021 · 2 858 €/m²Luz · 10/2022 · 3 503 €/m²Luz · 10/2023 · 3 846 €/m²Luz · 10/2024 · 4 513 €/m²Luz · 10/2025 · 4 595 €/m²Luz · 10/2026 · 4 880 €/m² · ProjectionLuz · 10/2027 · 5 497 €/m² · ProjectionLuz · 10/2028 · 6 192 €/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
LuzFaro

Sources: Sava New Build Index, Idealista

Nearby projects

Cerro das Mós

late 2027

Faro, São Gonçalo de Lagos

T2€430K - €470K83 - 103 m²8
T3€465K - €485K106 - 107 m²3

Domus

December 2028

Lagos, São Gonçalo de Lagos

T1€500K - €810K85 - 114 m²24
T2€510K - €790K87 - 139 m²30