Veram Apartments

Faro 3 Available units

Residential project with T3 apartments, suited to both personal use and investment and with a swimming pool in the shared amenities.

Typologies

TypeUnitsAreaPrice
T33185 - 322 m²€615K - €1.2M

According to Remax

Project details

Developer
NIE
Official website
Veramapartments.com
First publication
06/11/2026
Amenities
Pool, Rooftop, Parking
Total units
14

Location and access

Beach by car9 minIlha Deserta
Nearest airport31 minFaro Airport
International schools22 minAspire International School

Available units

LevelTypologiesBathsParkingInt. areaExt. areaPrice
3T332185 m²7 m²€615K
6T332231 m²€947K
6T332322 m²€1.2M

Plans and layouts

Official website - Veramapartments.com

Competitive landscape

Price forecast

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

3 684 €/m²

Forecast 12 months 4 184 €/m²
Forecast 24 months 4 750 €/m²

4. Asking price history and projection

Projection based on the 5-year CAGR.

€/m² 01 0002 0004 0005 000 Projection → Faro (municipality) · 07/2017 · 1 530 €/m²Faro (municipality) · 07/2018 · 1 741 €/m²Faro (municipality) · 07/2019 · 1 868 €/m²Faro (municipality) · 07/2020 · 1 965 €/m²Faro (municipality) · 07/2021 · 2 058 €/m²Faro (municipality) · 07/2022 · 2 464 €/m²Faro (municipality) · 07/2023 · 2 869 €/m²Faro (municipality) · 07/2024 · 3 078 €/m²Faro (municipality) · 07/2025 · 3 321 €/m²Faro (municipality) · 07/2026 · 3 885 €/m²Faro (municipality) · 07/2027 · 4 411 €/m² · ProjectionFaro (municipality) · 07/2028 · 5 009 €/m² · ProjectionFaro (district) · 07/2017 · 1 709 €/m²Faro (district) · 07/2018 · 1 987 €/m²Faro (district) · 07/2019 · 2 151 €/m²Faro (district) · 07/2020 · 2 320 €/m²Faro (district) · 07/2021 · 2 470 €/m²Faro (district) · 07/2022 · 2 843 €/m²Faro (district) · 07/2023 · 3 188 €/m²Faro (district) · 07/2024 · 3 489 €/m²Faro (district) · 07/2025 · 3 847 €/m²Faro (district) · 07/2026 · 4 165 €/m²Faro (district) · 07/2027 · 4 623 €/m² · ProjectionFaro (district) · 07/2028 · 5 133 €/m² · Projection 07/1607/1707/1807/1907/2007/2107/2207/2307/2407/2507/2607/2707/28
Faro (municipality)Faro (district)

Sources: Sava New Build Index, Idealista

Nearby projects

Faro

T2€462K - €580K99 - 119 m²3
T3€745K130 m²1
T4€948K161 m²1

Faro

T2€469K108 m²1
T3€524K - €549K130 m²4

Lux Garden EVO

Q4 2027

Faro

T2€491K - €678K82 - 87 m²5
T3€524K - €946K105 - 137 m²14