Market Benchmark

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The list price of the Longevity Wellness Resort Monchique reflects the positioning of a real estate project in a 5 star Resort with a distinctive service offer (“unique selling proposition”). The Resort has 195 units, all one bedroom apartments, and the following criteria were used do define the list price of each apartment:

 

  • Size
  • Solar Exposure
  • View: Sea, Hills, Patio/Garden
  • Proximity to the main hotel infrastructures: restaurant & bars, swimming-pools, SPA, amongst others.

In terms of benchmarking the Resort can be compared with real estate/ touristic projects that fulfill the following criterias:

 

  • 5 star rating
  • Unique product (independently of the positioning and key elements from each project)
  • Real estate product with associated touristic rental income

 

...You will definitely get value for money @ Longevity Wellness Resort Monchique!

 

DevelopmentLocationPrice per Sqm
A Vale do Lobo, Algarve8.917 €/m2
B Vilamoura, Algarve6.689 €/m2
CGerês6.571 €/m2
DTroia4.980 €/m2
EVilamoura, Agarve4.241 €/m2
FVilamoura, Algarve4.121 €/m2
GPortimão, Algarve4.060 €/m2
LWRM Monchique, Algarve3.598 €/m2

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