Algarve, Faro (Se e Sao Pedro), Algarve, Portugal. - Hero Image
mark-land-3-color-scheme-1 copy 3 Created with Sketch.
Algarve
Faro (Se e Sao Pedro) | Algarve

A Jewel of

Country Artistry

View More
Menu
Private Luxury Collection
Private Luxury Collection
Presented At
€580,000
Bedrooms
3
Bathrooms
2
Living
2,272
SQM
Elevator
Air Conditioning
Garage
Balcony
Parking
Terrace
Privacy
Panoramic / Scenic View
Investment Property
New Builds
Modern
Algarve, Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 1
Algarve, Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 2
Algarve, Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 3
Algarve, Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 4
Algarve, Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 5
Algarve, Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 6
Algarve, Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 7
Algarve, Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 8
Algarve, Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 9
Algarve, Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 10
Algarve, Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 11
Thumbnail 1
Thumbnail 2
Thumbnail 3
Thumbnail 4
Thumbnail 5
Thumbnail 6
Thumbnail 7
Thumbnail 8
Thumbnail 9
Thumbnail 10
Thumbnail 11
Algarve, Faro (Se e Sao Pedro), Algarve, Portugal. , Faro (Se e Sao Pedro) , Algarve

New Developement of Quality Built Apartments in Faro

New Development of 1, 2, and 3 Bedroom Apartments in Faro: A Modern Living Experience with Stunning Views
Located in a peaceful and quiet residential area of Faro, this new development offers an exceptional opportunity to own a modern apartment designed with today’s lifestyle in mind. Comprising one, two, and three-bedroom apartments, this project has been constructed to the highest standards, providing quality living spaces with all the amenities and comforts expected from a contemporary home. Not only are these apartments built with a focus on luxury and practicality, but they also benefit from a prime location that is conveniently close to essential amenities, including Faro’s international airport, the local hospital, and the vibrant city center.

A Prime Location for Every Lifestyle
Situated in a tranquil area of Faro, this development enjoys the perfect balance of peace and convenience. Despite being in a quiet residential neighborhood, residents are just a short drive from the bustling city center, where you’ll find shops, cafes, restaurants, and cultural attractions. The proximity to Faro Airport makes it ideal for those who travel frequently or want easy access to international connections, while the hospital’s close location adds an extra layer of security for families or individuals who value proximity to healthcare facilities. For those seeking a balance between city living and serene surroundings, this development is perfectly positioned to offer both.

Spacious Apartments with High-Quality Finishes
The apartments in this development span across three floors, each designed with open-plan living in mind. The attention to detail in construction and the choice of finishes reflects the commitment to delivering a premium living experience. Each unit has been thoughtfully designed to create an airy, bright, and spacious environment. Large windows flood the open-plan kitchen, dining, and lounge area with natural light, making the space feel even more expansive.

Open-Plan Living
As you step into one of the apartments, you are immediately welcomed by the generous open-plan design that blends the kitchen, dining, and living areas seamlessly. The modern kitchen is finished with a high gloss, sleek look that is complemented by built-in, high-quality appliances that cater to the needs of the contemporary cook. Whether you’re preparing a quick meal or entertaining guests, the kitchen area is designed to meet every requirement while offering a stylish focal point to the living space.

The adjoining dining and lounge areas provide plenty of room for relaxation or socializing, and the large patio doors leading out to the spacious terrace further enhance the sense of openness. The terrace itself provides the perfect spot for enjoying Faro’s Mediterranean climate, with ample space for dining, lounging, or simply taking in the beautiful views over the city and countryside.

Bedrooms Designed for Comfort and Convenience
Each of the two-bedroom apartments is designed for maximum comfort and functionality. The master bedroom benefits from an en suite bathroom, providing a private retreat for relaxation and convenience. The second bedroom is spacious and also well-appointed with built-in wardrobes and ample natural light. Both bedrooms have patio doors leading out to the terrace, allowing for easy access to outdoor living spaces while further enhancing the flow of light into the rooms.

For the two-bedroom units, there is a separate family bathroom designed with modern fixtures and finishes to meet all your needs. Whether you’re hosting guests or enjoying some quiet time, the spacious bedrooms and well-designed bathrooms create a comfortable, functional living space.

Top-Floor Apartments with Private Roof Terraces
The highlight of the top-floor apartments is undoubtedly the private roof terrace, accessible via internal stairs from within the apartment. This space offers breathtaking views of the surrounding area, encompassing both the city and the beautiful countryside. Whether you’re looking to enjoy a morning coffee, entertain guests, or bask in the sun, the roof terrace provides a level of privacy and tranquility that’s unmatched. This is a unique feature not commonly found in many developments and sets these apartments apart from the rest.

Sustainable Features for Modern Living
In today’s world, sustainability is more important than ever, and this development has been built with an eye towards energy efficiency and environmental responsibility. Solar panels are installed to provide hot water, reducing energy consumption and helping to lower utility bills for residents. The apartments are also equipped with air conditioning that works efficiently both as cooling and heating, ensuring a comfortable living environment throughout the year.

These environmentally conscious features not only make these apartments more affordable to live in but also contribute to a greener, more sustainable lifestyle. Whether you are looking for long-term savings or simply want to do your part for the planet, the energy-efficient features in these apartments provide both practicality and peace of mind.

Storage and Parking for Convenience
One of the key benefits of these apartments is the ample storage and parking facilities available to residents. Each apartment comes with its own underground garage space or lock-up garage box, providing secure and convenient parking for residents. Additionally, there is a separate lock-up storage cupboard for each apartment, ensuring that you have extra space to store belongings that you don’t need on a daily basis.

Access to the apartments is easy and hassle-free, with lift access from the garage to the third floor, making it ideal for residents of all ages and mobility levels. The combination of secure parking, extra storage, and lift access ensures that you can enjoy your home without worrying about practicalities.

A Unique Opportunity for Investment or Permanent Living
Whether you are looking for a permanent residence or a lucrative investment opportunity, these apartments present a rare chance to acquire a high-quality property in one of Faro’s most sought-after areas. With Faro’s growing popularity as a prime destination for both tourists and residents, this development offers great potential for future value appreciation. The combination of spacious, well-designed apartments, a prime location, and premium finishes ensures that these properties will continue to be in high demand for years to come.

Additionally, the proximity to key amenities such as the airport, hospital, and city center makes these apartments an attractive option for those looking to live or invest in a vibrant community with easy access to everything they need. Whether you plan to make these apartments your primary residence or rent them out for long-term income, this development offers both comfort and a promising return on investment.

A Modern, Comfortable, and Convenient Lifestyle
This new development in Faro offers the best of both worlds—modern living in a peaceful residential area with convenient access to everything you need. From the high-quality finishes to the spacious layouts and sustainable features, each apartment has been designed with today’s lifestyle in mind. The stunning terraces, breathtaking views, and private roof terraces in the top-floor units make this a truly unique offering in Faro’s real estate market.

Whether you’re looking to purchase a home for yourself or secure a smart investment, these apartments provide an excellent opportunity. With the completion scheduled for the last quarter of 2025, now is the perfect time to secure your place in this exciting development and take advantage of the growing demand for quality properties in Faro. Don’t miss out on the chance to make one of these exceptional apartments your own—contact us today to find out more about available units and secure your future home or investment.

Property

3D Street View Tour

Map showing Algarve, Faro (Se e Sao Pedro), Algarve, Portugal.

Property Location

Algarve, Faro (Se e Sao Pedro), Algarve, Portugal., Faro (Se e Sao Pedro) Algarve

Local Weather & Climate

Faro (Se e Sao Pedro), Algarve

Current Conditions Updated recently
57 °F
Clear sky
Feels Like 55°F
Humidity 67%
Wind 10 mph
Visibility 6.2 mi
Sunrise 6:40 AM
Sunset 6:40 PM
5-Day Forecast
Tue 17 Mar
Clouds
High 61°
Low 55°
Wed 18 Mar
Rain
High 61°
Low 57°
Thu 19 Mar
Rain
High 60°
Low 57°
Fri 20 Mar
Rain
High 60°
Low 57°
Sat 21 Mar
Rain
High 61°
Low 57°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Faro (Se e Sao Pedro)?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (Portugal)
€0 Est. First Year Interest Deduction
€0 Est. Annual Tax Savings
*Maximum annual deduction is €296. Property must be permanent residence. Phasing out for higher incomes.

Ready to explore financing?

Connect with trusted mortgage partners

Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for Portugal. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on Portugal tax year 2025 (fiscal year: January-December). Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Our perspective on current market conditions in Faro (Se e Sao Pedro). For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $58,000,000 20% down ($11,600,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$4,984
$4,984/day
Your home may appreciate while you sleep
$34,983/week $151,594/mo $1,819,133/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$31.9M
vs
OWN 📈 +$45.3M
$45.3M Potential Equity
vs $31.9M lost to rent over 10 years
$11.6M Down Payment Growth
3.9x
10yr
$45.3M
8.1x
20yr
$93.7M
12.6x
30yr
$146.5M
Wealth Comparison
×349
Equivalent to 349 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $146.5M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $68.3M +18%
Market $79.0M +36%
Optimistic $91.1M +57%
$45.3M est. equity
20 Years
Conservative $80.4M +39%
Market $107.6M +85%
Optimistic $143.2M +147%
$93.7M est. equity
30 Years
Conservative $94.7M +63%
Market $146.5M +153%
Optimistic $225.1M +288%
$146.5M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at Algarve, Faro (Se e Sao Pedro), Algarve, Portugal features 3 bedrooms and 2 bathrooms with 2,272 square feet of living space.
This property offers 2,272 square feet of living space.
This property is listed at $58,000,000, which equals $25528 per square foot.
Based on current market indicators, Faro (Se e Sao Pedro) shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Faro (Se e Sao Pedro), Algarve. The property is situated in an established neighborhood with convenient access to local amenities and services.
Private Luxury Collection

Private Luxury Collection

Private Luxury Collection

License #19171

View Full Profile

Schedule a Tour

Get in touch with our listing agents

SunMonTueWedThuFriSat

More Listings

Explore more properties

Official Real Estate Games

Have fun discovering more properties while playing our real estate games — win prizes for ranking high!

$
$
$
$
$
$
$
WIN CREDITS
Up Your Real Estate Skills FOR FREE

Loading listings...