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 ·

€678,000

Asking Price (EUR)

3.1%

True Net Yield (Owner, all-in)

2.1%

True Net Yield (Managed, all-in)

4.7%

True Gross Yield

51%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.2 months ago and is currently at 10% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.73, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €36,731/yr
Average Daily Rate: €198
+14.0% vs area baselineImage quality 9/10 (+6%), Modern/contemporary style (+12%), No pool (-12%), Luxury finish (+8%)
Payback Period: 22.4 years
5-yr Capital Value: €890,882
10-yr Capital Value: €1.1M
Brixfox Score: 65.1 / 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.

€775,474

+14.4% over asking

Asking price€678,000
IMT — Property transfer tax (investment schedule)€40,680
IS — Stamp duty (0.8%)€5,424
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€10,170
Total acquisition costs€57,524
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)€775,474

Gross yield (asking price)

5.4%

True gross yield (all-in)

4.7%

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: 179 m²
Style: contemporary
Condition: new-build
Energy Certificate: A

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

landscaped communal gardensmodern apartment architectureoutdoor lounge areas

Score Breakdown

ROI
14.65
Visual Appeal
15
Ownership Security
13
Location
7.8
Land & Space
5.58
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

View on Idealista.pt
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
179 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 3.7% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score65
GradeB+
Brixfox Intelligence
65B+Strong
Score Breakdown
ROI & Yield72%
Capital Growth68%
Risk Profile67%
Market Demand65%

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
+7.4%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$127K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
3.7%
$2,265/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
27.1 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)
$295/night
50% ($136)Brixfox estimate($295/night)200% ($543)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Yearly income
$27,177
Airbnb data$295/night · 51% occupancy
Rental income
$295/night · 51% occ.
$54,745
Running costs (20%)
Utilities, cleaning, maintenance
-$10,949
Income tax (10%)
Indonesian rental income tax
-$15,328
Property tax
Annual property tax
-$1,290
Net income
3.7% ROI
$27,177

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$736,957
IMT (transfer tax, investment schedule)$44,217
Imposto de Selo (stamp duty)$5,896
Notary & registration$1,359
Legal / due diligence$11,054
Total acquisition costs$62,526
RenovationMove-in ready
Furnishing & STR launch
2bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$43,424
All-in investment$842,907

Gross yield (asking)

7.4%

True gross yield (all-in)

6.5%

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.

$3.9M$2.9M$1.9M$974K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $678K
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 21: 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
$825K
+22%
Rental Income
+$133K
Total Position
$958K
+41%
7.2%/yr
Year 10
Capital Value
$1.0M
+48%
Rental Income
+$287K
Total Position
$1.3M
+90%
6.6%/yr
Year 20
Capital Value
$1.5M
+119%
Rental Income
+$672K
Total Position
$2.2M
+218%
6.0%/yr
Year 30
Capital Value
$2.2M
+224%
Rental Income
+$1.2M
Total Position
$3.4M
+400%
5.5%/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
Average
3.7% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Strong
$271 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 $271 — 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 3.7% 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.
3.0%
$1,830/mo
41% occ.
4.0%
$2,458/mo
51% occ.
5.0%
$3,086/mo
current
61% occ.
6.0%
$3,714/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.