T3 flat in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro
T3 flat in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 2T3 flat in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 3T3 flat in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 4T3 flat in Rua José Ricardo Samora Barros, Nn, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 5
Grade B+apartmentluxury

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

Faro · Eastern Algarve ·

€590,000

Asking Price (EUR)

5.8%

True Net Yield (Owner, all-in)

4.0%

True Net Yield (Managed, all-in)

8.9%

True Gross Yield

53%

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: €61,458/yr
Average Daily Rate: €315
+26.0% vs area baselineImage quality 9/10 (+6%), Modern/contemporary style (+12%), Has pool (0%), Luxury finish (+8%)
Payback Period: 12.0 years
5-yr Capital Value: €775,251
10-yr Capital Value: €943,212
Brixfox Score: 73.2 / 100
Comparable Properties: 17
Data Confidence: 86%
Search Radius: 2 km

True Investment Cost

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

€691,150

+17.1% over asking

Asking price€590,000
IMT — Property transfer tax (investment schedule)€35,030
IS — Stamp duty (0.8%)€4,720
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,850
Total acquisition costs€49,850
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)€691,150

Gross yield (asking price)

10.4%

True gross yield (all-in)

8.9%

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: 2
Building: 140 m²
Style: modern
Condition: new-build
Energy Certificate: A
Private Pool

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

multi-level pool areaintegrated green spaces on building facadelarge private balconies

Score Breakdown

ROI
20.61
Visual Appeal
15.6
Ownership Security
13
Location
7.8
Land & Space
4.8
Rental Demand
5.34
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

📍 37.0326°N, 7.9377°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
2 Baths
Built Area
140 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 Score73
GradeB+
Brixfox Intelligence
73B+Strong
Score Breakdown
ROI & Yield80%
Capital Growth77%
Risk Profile74%
Market Demand73%

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%
+$111K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
7.0%
$3,756/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

Energy: A
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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Nightly Rate (ADR)
$455/night
50% ($209)Brixfox estimate($455/night)200% ($838)
Occupancy
53%
10%Brixfox estimate(53%)100%

Short-Term Rental

Yearly income
$45,071
Airbnb data$455/night · 53% occupancy
Rental income
$455/night · 53% occ.
$88,833
Running costs (20%)
Utilities, cleaning, maintenance
-$17,767
Income tax (10%)
Indonesian rental income tax
-$24,873
Property tax
Annual property tax
-$1,122
Net income
7.0% ROI
$45,071

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$641,304
IMT (transfer tax, investment schedule)$38,076
Imposto de Selo (stamp duty)$5,130
Notary & registration$1,359
Legal / due diligence$9,620
Total acquisition costs$54,185
RenovationMove-in ready
Furnishing & STR launch
3bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$55,761
All-in investment$751,250

Gross yield (asking)

13.9%

True gross yield (all-in)

11.8%

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.

$4.5M$3.4M$2.2M$1.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $590K
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
$718K
+22%
Rental Income
+$220K
Total Position
$938K
+59%
9.7%/yr
Year 10
Capital Value
$873K
+48%
Rental Income
+$475K
Total Position
$1.3M
+129%
8.6%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$1.1M
Total Position
$2.4M
+308%
7.3%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$2.0M
Total Position
$3.9M
+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
53% average occupancy
Nightly Rate
Strong
$419 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 $419 — 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 53% — 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

33% occ.
5.9%
$3,150/mo
43% occ.
7.7%
$4,119/mo
53% occ.
9.5%
$5,089/mo
current
63% occ.
11.3%
$6,058/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.