Duplex in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro
Duplex in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 2Duplex in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 3Duplex in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 4Duplex in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 5
Grade B+apartmentluxury

Duplex in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro

Faro · Eastern Algarve ·

€672,000

Asking Price (EUR)

3.4%

True Net Yield (Owner, all-in)

2.4%

True Net Yield (Managed, all-in)

5.3%

True Gross Yield

51%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.7 months ago and is currently at 15% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.74, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €40,733/yr
Average Daily Rate: 219
+24.0% vs area baselineImage quality 9/10 (+6%), Modern/contemporary style (+12%), No pool (-12%), Has view (+10%), Luxury finish (+8%)
Payback Period: 20.4 years
5-yr Capital Value: €882,998
10-yr Capital Value: €1.1M
Brixfox Score: 65.5 / 100
Comparable Properties: 65
Data Confidence: 89%
Search Radius: 2 km

True Investment Cost

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

€768,976

+14.4% over asking

Asking price€672,000
IMT — Property transfer tax (investment schedule)€40,320
IS — Stamp duty (0.8%)€5,376
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€10,080
Total acquisition costs€57,026
Renovation€0 — move-in ready
Furnishing & STR launch (2bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€39,950
All-in investment (incl. renovation & furnishing)€768,976

Gross yield (asking price)

6.1%

True gross yield (all-in)

5.3%

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: 2
Bathrooms: 2
Building: 166
Style: contemporary
Condition: new-build
Energy Certificate: A
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large sliding glass doors to balconyopen-plan living, dining, and kitchen areamodern pendant lightingminimalist kitchen island

Score Breakdown

ROI
15.33
Visual Appeal
15
Ownership Security
13
Location
7.8
Land & Space
5.32
Rental Demand
5.09
Payback Speed
1
STR Suitability
3

Description

2 bedroom apartment, in Faro, located in the new and exclusive Lux Garden Evo, a gated community development This transversal apartment with excellent sun exposure has a balcony on each side, bringing light and comfort to the interior. The open-space living room and kitchen extend onto a good balcony overlooking the

Location

📍 37.0326°N, 7.9377°W

· Faro, Algarve, Portugal

Idealista.pt
Faro / Eastern Algarve

Duplex in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro

Inventory
2 Beds
Bathrooms
2 Baths
Built Area
166 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 4.1% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score66
GradeB+
Brixfox Intelligence
66B+Strong
Score Breakdown
ROI & Yield73%
Capital Growth69%
Risk Profile68%
Market Demand66%

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
+7.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$126K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
4.1%
$2,474/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
12 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
24.6 yr
Rental only

Property details

Energy: A
Condition: new-build

Description

2 bedroom apartment, in Faro, located in the new and exclusive Lux Garden Evo, a gated community development This transversal apartment with excellent sun exposure has a balcony on each side, bringing light and comfort to the interior. The open-space living room and kitchen extend onto a good balcony overlooking the

Income Breakdown

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Nightly Rate (ADR)
$321/night
50% ($148)Brixfox estimate($321/night)200% ($590)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Yearly income
$29,686
Airbnb data$321/night · 51% occupancy
Rental income
$321/night · 51% occ.
$59,547
Running costs (20%)
Utilities, cleaning, maintenance
-$11,909
Income tax (10%)
Indonesian rental income tax
-$16,673
Property tax
Annual property tax
-$1,278
Net income
4.1% ROI
$29,686

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$730,435
IMT (transfer tax, investment schedule)$43,826
Imposto de Selo (stamp duty)$5,843
Notary & registration$1,359
Legal / due diligence$10,957
Total acquisition costs$61,985
RenovationMove-in ready
Furnishing & STR launch
2bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.
$43,424
All-in investment$835,843

Gross yield (asking)

8.2%

True gross yield (all-in)

7.1%

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.

$4.0M$3.0M$2.0M$1.0M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $672K
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 19: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$818K
+22%
Rental Income
+$145K
Total Position
$963K
+43%
7.5%/yr
Year 10
Capital Value
$995K
+48%
Rental Income
+$313K
Total Position
$1.3M
+95%
6.9%/yr
Year 20
Capital Value
$1.5M
+119%
Rental Income
+$734K
Total Position
$2.2M
+228%
6.1%/yr
Year 30
Capital Value
$2.2M
+224%
Rental Income
+$1.3M
Total Position
$3.5M
+418%
5.6%/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
Average
4.1% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Strong
$295 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $295 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 4.1% is near the market average — model your cashflow carefully

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

31% occ.
3.3%
$2,001/mo
41% occ.
4.4%
$2,684/mo
51% occ.
5.5%
$3,367/mo
current
61% occ.
6.7%
$4,050/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.