T3 flat in Centro, Faro
T3 flat in Centro, Faro — image 2T3 flat in Centro, Faro — image 3T3 flat in Centro, Faro — image 4T3 flat in Centro, Faro — image 5
Grade B+apartmentmid-range

T3 flat in Centro, Faro

Faro · Eastern Algarve ·

€415,000

Asking Price (EUR)

5.9%

True Net Yield (Owner, all-in)

4.1%

True Net Yield (Managed, all-in)

9.0%

True Gross Yield

52%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2 months ago and is currently at 17% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.75, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €43,158/yr
Average Daily Rate: €229
-7.0% vs area baselinePortuguese-traditional style (+5%), No pool (-12%)
Payback Period: 12.0 years
5-yr Capital Value: €545,304
10-yr Capital Value: €663,445
Brixfox Score: 69.4 / 100
Comparable Properties: 23
Data Confidence: 98%
Search Radius: 2 km

True Investment Cost

Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.

€477,025

+14.9% over asking

Asking price€415,000
IMT — Property transfer tax (investment schedule)€21,030
IS — Stamp duty (0.8%)€3,320
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,225
Total acquisition costs€31,825
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€30,200
All-in investment (incl. renovation & furnishing)€477,025

Gross yield (asking price)

10.4%

True gross yield (all-in)

9.0%

Estimates use Portugal's investment IMT schedule (non-permanent residence). Actual notary & legal vary; budget +€500–1,000 for surveyor, due-diligence and bank-mortgage fees if financing. Renovation cost is a heuristic on property condition × m² — verify with a site visit. Furnishing uses finish-level-tiered rates covering beds, living, kitchen, electronics, AL licence, linens & professional photography. Working capital (2-3 months operating buffer) not included.

Bedrooms: 3
Bathrooms: 1
Building: 102 m²
Style: portuguese-traditional
Condition: excellent
Year Built: 2025
Energy Certificate: B

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

green-tiled-facadewhite-ornamental-window-framessmall-balconies-with-iron-railings

Score Breakdown

ROI
20.63
Visual Appeal
11.8
Ownership Security
13
Location
7.8
Land & Space
4.04
Rental Demand
5.16
Payback Speed
4
STR Suitability
3

Description

3 bedroom duplex apartment in a building divided into two apartments, in the heart of downtown Faro. Comprising ground floor with living room and open-plan kitchen 25.35m2, pantry, 19m2 suite and 1.65m2 social bathroom, on the 1st floor 2 bedrooms, 1 bathroom, 12m2 terrace with city views and access to the roof terrac

Location

📍 37.0177°N, 7.9339°W

· Faro, Algarve, Portugal

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Idealista.pt
Faro / Eastern Algarve

T3 flat in Centro, Faro

Inventory
3 Beds
Bathrooms
1 Baths
Built Area
102 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 7.0% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score69
GradeB+
Brixfox Intelligence
69B+Strong
Score Breakdown
ROI & Yield76%
Capital Growth72%
Risk Profile71%
Market Demand69%

The Brixfox Score is our proprietary AI-powered rating that evaluates rental ROI, capital appreciation potential, risk factors, and local market dynamics to give you a single investment quality metric.

Pro members get full score breakdown with AI recommendations
Average annual ROI over 5 years, combining both rental income and property value growth.
Total
+10.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$78K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
7.0%
$2,644/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
9 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
14.2 yr
Rental only

Property details

Year built: 2025
Energy: B
Condition: excellent

Description

3 bedroom duplex apartment in a building divided into two apartments, in the heart of downtown Faro. Comprising ground floor with living room and open-plan kitchen 25.35m2, pantry, 19m2 suite and 1.65m2 social bathroom, on the 1st floor 2 bedrooms, 1 bathroom, 12m2 terrace with city views and access to the roof terrac

Income Breakdown

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Nightly Rate (ADR)
$332/night
50% ($153)Brixfox estimate($332/night)200% ($611)
Occupancy
52%
10%Brixfox estimate(52%)100%

Short-Term Rental

Yearly income
$31,734
Airbnb data$332/night · 52% occupancy
Rental income
$332/night · 52% occ.
$62,545
Running costs (20%)
Utilities, cleaning, maintenance
-$12,509
Income tax (10%)
Indonesian rental income tax
-$17,512
Property tax
Annual property tax
-$789
Net income
7.0% ROI
$31,734

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

True all-in investment

What the headline asking price actually costs once mandatory taxes, fees, renovation, and furnishing are added. Yields rebased onto this number — closer to what you'll really earn against what you'll really pay.

Asking price$451,087
IMT (transfer tax, investment schedule)$22,859
Imposto de Selo (stamp duty)$3,609
Notary & registration$1,359
Legal / due diligence$6,766
Total acquisition costs$34,592
RenovationMove-in ready
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$518,505

Gross yield (asking)

13.9%

True gross yield (all-in)

12.1%

Estimates use Portugal's standard transfer tax + typical legal/notary defaults. Verify with local counsel before committing — actual fees vary by deal structure.

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Faro.

$3.1M$2.4M$1.6M$786K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $415K
Capital appreciation
Property value growing at +4%/yr based on Faro market trends.
Rental income
Cumulative net rental earnings collected over time, growing with annual revenue increases.
Total return
Capital value + rental income. Your actual total position if you sold and kept all rent.
Paid back
Year 13: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$505K
+22%
Rental Income
+$155K
Total Position
$660K
+59%
9.7%/yr
Year 10
Capital Value
$614K
+48%
Rental Income
+$335K
Total Position
$949K
+129%
8.6%/yr
Year 20
Capital Value
$909K
+119%
Rental Income
+$784K
Total Position
$1.7M
+308%
7.3%/yr
Year 30
Capital Value
$1.3M
+224%
Rental Income
+$1.4M
Total Position
$2.7M
+559%
6.5%/yr

Location

Faro

Eastern Algarve, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.0% annual return
Occupancy
Average
52% average occupancy
Nightly Rate
Strong
$306 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $306 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 52% — factor in seasonal gaps

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

32% occ.
5.8%
$2,168/mo
42% occ.
7.6%
$2,876/mo
52% occ.
9.5%
$3,583/mo
current
62% occ.
11.4%
$4,290/mo

Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Includes 10% Indonesian rental tax (PPh) and annual property tax (PBB). Market factors in Portugal may impact actual yields.