Vista Mar

Tavira, Conceição 2 Available units

Residential project with T2 to T3 apartments, with a swimming pool in the shared amenities and shaped around coastal living.

Typologies

TypeUnitsAreaPrice
T32106 - 125 m²€620K - €690K

According to Dils, Remax

Project details

Floors
3 floors
Amenities
Pool, Gym, Parking
Total units
27
Completion
2024

Location and access

Nearest beach11 minPraia da Manta Rota
Nearest airport59 minFaro Airport
International schools9 minColégio Santiago Internacional

Available units

LevelTypologiesBathsParkingInt. areaPrice
2T321106 m2€620K
2T321125 m2€690K

Competitive landscape

Price distribution

5 671 €/m² 3,9% above the neighbours’ median

Price forecast

1. Location price

Average asking price in Tavira

3 584 €/m²

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

2. Market dynamics

Growth 12 months +5,5%
Growth 24 months +19,1%
Forecast 12 months +9,5%
Forecast 24 months +19,8%

3. Price in this project

Average price in this project

5 671 €/m²

Forecast 12 months 6 208 €/m²
Forecast 24 months 6 796 €/m²

4. Asking price history and projection

Projection based on the 5-year CAGR.

€/m² 01 0002 0004 0005 000 Projection → Tavira · 10/2016 · 1 368 €/m²Tavira · 10/2017 · 1 631 €/m²Tavira · 10/2018 · 1 872 €/m²Tavira · 10/2019 · 2 013 €/m²Tavira · 10/2020 · 2 163 €/m²Tavira · 10/2021 · 2 356 €/m²Tavira · 10/2022 · 2 763 €/m²Tavira · 10/2023 · 2 943 €/m²Tavira · 10/2024 · 3 141 €/m²Tavira · 10/2025 · 3 428 €/m²Tavira · 10/2026 · 3 665 €/m² · ProjectionTavira · 10/2027 · 4 013 €/m² · ProjectionTavira · 10/2028 · 4 393 €/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
TaviraFaro

Sources: Sava New Build Index, Idealista

Nearby projects

Tavira

T1€299K61 m²1
T2€341K - €738K73 - 106 m²20
T3€497K - €811K105 m²6
T4€707K137 m²1