T2 flat in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro
T2 flat in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 2T2 flat in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 3T2 flat in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 4T2 flat in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 5
Grade B+apartmentluxury

T2 flat in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro

Faro · Eastern Algarve ·

€485,000

Asking Price (EUR)

4.5%

True Net Yield (Owner, all-in)

3.1%

True Net Yield (Managed, all-in)

7.0%

True Gross Yield

50%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2 months ago and is currently at 16% 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: €39,457/yr
Average Daily Rate: 216
+21.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), No pool (-12%), Has view (+10%), Luxury finish (+8%)
Payback Period: 15.3 years
5-yr Capital Value: €637,283
10-yr Capital Value: €775,352
Brixfox Score: 67.9 / 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.

€563,985

+16.3% over asking

Asking price€485,000
IMT — Property transfer tax (investment schedule)€26,630
IS — Stamp duty (0.8%)€3,880
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,275
Total acquisition costs€39,035
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)€563,985

Gross yield (asking price)

8.1%

True gross yield (all-in)

7.0%

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: 2
Bathrooms: 2
Building: 101
Style: contemporary
Condition: new-build
Energy Certificate: A
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

open-plan living with kitchen and diningmodern staircase designfloor-to-ceiling glass doors to outdoor spaceminimalist decor with accent furniture

Score Breakdown

ROI
17.84
Visual Appeal
14.2
Ownership Security
13
Location
7.8
Land & Space
4.02
Rental Demand
5.01
Payback Speed
3
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

T2 flat in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro

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

Grade B+ investment — short-term rental yields 5.5% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score68
GradeB+
Brixfox Intelligence
68B+Strong
Score Breakdown
ROI & Yield75%
Capital Growth71%
Risk Profile70%
Market Demand68%

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
+9.2%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$91K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
5.5%
$2,404/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
18.3 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)
$313/night
50% ($144)Brixfox estimate($313/night)200% ($576)
Occupancy
50%
10%Brixfox estimate(50%)100%

Short-Term Rental

Yearly income
$28,853
Airbnb data$313/night · 50% occupancy
Rental income
$313/night · 50% occ.
$57,260
Running costs (20%)
Utilities, cleaning, maintenance
-$11,452
Income tax (10%)
Indonesian rental income tax
-$16,033
Property tax
Annual property tax
-$923
Net income
5.5% ROI
$28,853

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$527,174
IMT (transfer tax, investment schedule)$28,946
Imposto de Selo (stamp duty)$4,217
Notary & registration$1,359
Legal / due diligence$7,908
Total acquisition costs$42,429
RenovationMove-in ready
Furnishing & STR launch
2bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.
$43,424
All-in investment$613,027

Gross yield (asking)

10.9%

True gross yield (all-in)

9.3%

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.

$3.3M$2.4M$1.6M$815K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $485K
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
$590K
+22%
Rental Income
+$141K
Total Position
$731K
+51%
8.6%/yr
Year 10
Capital Value
$718K
+48%
Rental Income
+$304K
Total Position
$1.0M
+111%
7.7%/yr
Year 20
Capital Value
$1.1M
+119%
Rental Income
+$713K
Total Position
$1.8M
+266%
6.7%/yr
Year 30
Capital Value
$1.6M
+224%
Rental Income
+$1.3M
Total Position
$2.8M
+485%
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
5.5% annual return
Occupancy
Average
50% average occupancy
Nightly Rate
Strong
$288 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 $288 — 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
Occupancy at 50% — 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

30% occ.
4.4%
$1,930/mo
40% occ.
5.9%
$2,597/mo
50% occ.
7.4%
$3,263/mo
current
60% occ.
8.9%
$3,930/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.