T3 flat in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro
Grade B+apartmentluxury

T3 flat in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro

Faro · Eastern Algarve ·

€574,000

Asking Price (EUR)

4.7%

True Net Yield (Owner, all-in)

3.2%

True Net Yield (Managed, all-in)

7.2%

True Gross Yield

59%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.1 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: €48,408/yr
Average Daily Rate: €223
Payback Period: 14.8 years
5-yr Capital Value: €754,227
10-yr Capital Value: €917,633
Brixfox Score: 65.7 / 100
Comparable Properties: 14
Data Confidence: 91%
Search Radius: 2 km

True Investment Cost

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

€673,502

+17.3% over asking

Asking price€574,000
IMT — Property transfer tax (investment schedule)€33,750
IS — Stamp duty (0.8%)€4,592
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,610
Total acquisition costs€48,202
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€51,300
All-in investment (incl. renovation & furnishing)€673,502

Gross yield (asking price)

8.4%

True gross yield (all-in)

7.2%

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
Building: 140 m²
Style: modern
Condition: new-build
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

multi-level pool areaintegrated greenery on building facadespacious balconies

Score Breakdown

ROI
18.16
Visual Appeal
10
Ownership Security
13
Location
7.8
Land & Space
4.8
Rental Demand
5.94
Payback Speed
3
STR Suitability
3

Description

3 bedroom apartment, in Faro, located in the new and exclusive Lux Garden Evo, a gated community development. This three-fronted apartment has a spacious living room and open-space kitchen, which extend onto a large terrace, bringing light and comfort to the interior. In the bedroom area it is possible to enjoy the v

Location

📍 37.0194°N, 7.9322°W

· Faro, Algarve, Portugal

View on Idealista.pt
Idealista.pt
Faro / Eastern Algarve

T3 flat in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro

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

Grade B+ investment — short-term rental yields 5.7% 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
+9.4%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$108K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
5.7%
$2,941/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
10 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
17.7 yr
Rental only

Property details

Condition: new-build

Description

3 bedroom apartment, in Faro, located in the new and exclusive Lux Garden Evo, a gated community development. This three-fronted apartment has a spacious living room and open-space kitchen, which extend onto a large terrace, bringing light and comfort to the interior. In the bedroom area it is possible to enjoy the v

Income Breakdown

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Customize your projections
Nightly Rate (ADR)
$323/night
50% ($149)Brixfox estimate($323/night)200% ($594)
Occupancy
59%
10%Brixfox estimate(59%)100%

Short-Term Rental

Yearly income
$35,295
Airbnb data$323/night · 59% occupancy
Rental income
$323/night · 59% occ.
$69,975
Running costs (20%)
Utilities, cleaning, maintenance
-$13,995
Income tax (10%)
Indonesian rental income tax
-$19,593
Property tax
Annual property tax
-$1,092
Net income
5.7% ROI
$35,295

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$623,913
IMT (transfer tax, investment schedule)$36,685
Imposto de Selo (stamp duty)$4,991
Notary & registration$1,359
Legal / due diligence$9,359
Total acquisition costs$52,393
RenovationMove-in ready
Furnishing & STR launch
3bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$55,761
All-in investment$732,067

Gross yield (asking)

11.2%

True gross yield (all-in)

9.6%

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$2.0M$979K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $574K
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 15: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$698K
+22%
Rental Income
+$172K
Total Position
$871K
+52%
8.7%/yr
Year 10
Capital Value
$850K
+48%
Rental Income
+$372K
Total Position
$1.2M
+113%
7.8%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$873K
Total Position
$2.1M
+271%
6.8%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$1.5M
Total Position
$3.4M
+493%
6.1%/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
5.7% annual return
Occupancy
Average
59% average occupancy
Nightly Rate
Strong
$297 per night
Visual Appeal
Strong
9/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $297 — positioned in the top tier
Stunning visuals with 9/10 instagrammability — commands premium nightly rates
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 59% — 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

39% occ.
5.0%
$2,615/mo
49% occ.
6.4%
$3,303/mo
59% occ.
7.7%
$3,991/mo
current
69% occ.
9.0%
$4,679/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.