Faro (Se e Sao Pedro)

Faro (Se e Sao Pedro) | Algarve

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Presented At

€675,421

Bedrooms

Bathrooms

Living

1,992

SQM

Elevator

Garage

Parking

Balcony

Pool

Water View

City View

Sea View

Waterfront

Duplex

New Builds

Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 1

Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 2

Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 3

Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 4

Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 5

Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 6

Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 7

Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 8

Faro (Se e Sao Pedro), Algarve, Portugal. - Photo 9

Faro (Se e Sao Pedro)

Faro (Se e Sao Pedro) | Algarve

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

Apartment T3

Unique development to be launched very well located in the city center of Faro. With a modern architecture the building consists of 6 floors being the last with two duplex units with private pool with sea view. On the first floor the T3 unit of 185 m2 two parking spaces, a wide and differentiated plant. All balcony windows with balcony run. Two of the bedrooms are suite with window and natural circulation Balcony covered in the corner between the dining and living rooms, which works as a continuation of the outdoor spaces. With units T2, T3 and T3 Duplex (penthouses) this building has spectacular plans! Living room and kitchen with Open-Space concept and some units with closet! With the works started at the beginning of 2023, the project was ready in mid-2024/2024. The property is close to all the facilities of the day-to-day (pharmacies, supermarkets, markets, hospital, schools, university and a few minutes from the historic area of Faro and Ria Formosa) Faro is the capital of the Province of Algarve, Portugal. The city is known for its white sandy beaches and turquoise sea, as well as its history and architecture. Faro is a popular tourist destination, especially during the summer. Some of the city's main sights include Faro Cathedral, Ria Formosa National Park and Barreta Island. The city is also known for its lively nightlife, with many bars and restaurants along the waterfront. Faro is a pleasant and welcoming city with a vibrant community and a mild climate for most of the year. Energy Rating: A #ref:CS-APT-88653_C

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Property Location

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

61 °F

Few clouds

Feels Like 60°F

Humidity 72%

Wind 12 mph

Visibility 6.2 mi

Sunrise 6:53 AM

Sunset 6:31 PM

5-Day Forecast

Sun 8 Mar

Clouds

High 60°

Low 56°

Mon 9 Mar

Clouds

High 57°

Low 50°

Tue 10 Mar

Clouds

High 55°

Low 49°

Wed 11 Mar

Clear

High 57°

Low 49°

Thu 12 Mar

Clear

High 60°

Low 52°

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

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Home Price

€

Down Payment

€100,000

Interest Rate

Loan Term

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.

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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.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$581,000

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

Faro (Se e Sao Pedro), Algarve

3 Beds

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Market Opinion

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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.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $67,542,100 20% down ($13,508,420)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$5,804/day

Your home may appreciate while you sleep

$40,739/week $176,535/mo $2,118,415/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

-$37.2M

+$52.7M

$52.7M Potential Equity

vs $37.2M lost to rent over 10 years

$13.5M Down Payment Growth

3.9x

10yr

$52.7M

8.1x

20yr

$109.2M

12.6x

30yr

$170.6M

Wealth Comparison

×406

Equivalent to 406 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $170.6M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $79.5M +18%

Market $92.0M +36%

Optimistic $106.1M +57%

$52.7M est. equity

20 Years

Conservative $93.7M +39%

Market $125.3M +85%

Optimistic $166.8M +147%

$109.2M est. equity

30 Years

Conservative $110.3M +63%

Market $170.6M +153%

Optimistic $262.1M +288%

$170.6M est. equity

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

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

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

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does Faro (Se e Sao Pedro), Algarve, Portugal have?

This apartment at Faro (Se e Sao Pedro), Algarve, Portugal features 3 bedrooms with 1,992 square feet of living space.

What is the size of Faro (Se e Sao Pedro), Algarve, Portugal?

This property offers 1,992 square feet of living space.

What is the listing price for Faro (Se e Sao Pedro), Algarve, Portugal?

This property is listed at $67,542,100, which equals $33907 per square foot.

Is now a good time to buy a home in Faro (Se e Sao Pedro)?

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.

What type of property is Faro (Se e Sao Pedro), Algarve, Portugal?

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.