T2 flat in Rua de Angola, 1, Horta das Figuras - Lejana - Senhora da Saúde, Faro
T2 flat in Rua de Angola, 1, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 2T2 flat in Rua de Angola, 1, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 3T2 flat in Rua de Angola, 1, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 4T2 flat in Rua de Angola, 1, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 5
Grade B+apartmentmid-range

T2 flat in Rua de Angola, 1, Horta das Figuras - Lejana - Senhora da Saúde, Faro

Faro · Eastern Algarve ·

€442,750

Asking Price (EUR)

4.7%

True Net Yield (Owner, all-in)

3.2%

True Net Yield (Managed, all-in)

7.2%

True Gross Yield

49%

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: €36,667/yr
Average Daily Rate: €203
+10.0% vs area baselineModern/contemporary style (+12%), No pool (-12%), Has view (+10%)
Payback Period: 15.1 years
5-yr Capital Value: €581,767
10-yr Capital Value: €707,808
Brixfox Score: 66.4 / 100
Comparable Properties: 76
Data Confidence: 95%
Search Radius: 2 km

True Investment Cost

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

€509,048

+15.0% over asking

Asking price€442,750
IMT — Property transfer tax (investment schedule)€23,250
IS — Stamp duty (0.8%)€3,542
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,641
Total acquisition costs€34,683
Renovation (est. €55/m² × 123 m²)
Light touch-ups — paint, fixtures, deep clean.		€6,765
(€3,690–€9,840)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€24,850
All-in investment (incl. renovation & furnishing)€509,048

Gross yield (asking price)

8.3%

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: 2
Bathrooms: 3
Building: 123 m²
Style: contemporary
Condition: good
Year Built: 2024
Energy Certificate: A+
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

balconiescityscape-viewsea-view

Score Breakdown

ROI
17.98
Visual Appeal
12.2
Ownership Security
13
Location
7.8
Land & Space
4.46
Rental Demand
4.94
Payback Speed
3
STR Suitability
3

Description

Palácio BR Avenida - Luxury apartment, type T2, overlooking the garden and city, under construction of the best quality, the project well prepared and harmoniously integrated into a new centrality of the city of Faro, with swimming pool and fitness room on the roof. This apartment on the ground floor, with excellent n

Location

📍 37.0268°N, 7.9348°W

· Faro, Algarve, Portugal

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Idealista.pt
Faro / Eastern Algarve

T2 flat in Rua de Angola, 1, Horta das Figuras - Lejana - Senhora da Saúde, Faro

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

Grade B+ investment — short-term rental yields 5.6% 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
+9.3%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$83K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
5.6%
$2,227/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
18.0 yr
Rental only

Property details

Year built: 2024
Energy: A+
Condition: good

Description

Palácio BR Avenida - Luxury apartment, type T2, overlooking the garden and city, under construction of the best quality, the project well prepared and harmoniously integrated into a new centrality of the city of Faro, with swimming pool and fitness room on the roof. This apartment on the ground floor, with excellent n

Income Breakdown

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Nightly Rate (ADR)
$294/night
50% ($135)Brixfox estimate($294/night)200% ($541)
Occupancy
49%
10%Brixfox estimate(49%)100%

Short-Term Rental

Yearly income
$26,719
Airbnb data$294/night · 49% occupancy
Rental income
$294/night · 49% occ.
$53,002
Running costs (20%)
Utilities, cleaning, maintenance
-$10,600
Income tax (10%)
Indonesian rental income tax
-$14,841
Property tax
Annual property tax
-$842
Net income
5.6% ROI
$26,719

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$481,250
IMT (transfer tax, investment schedule)$25,272
Imposto de Selo (stamp duty)$3,850
Notary & registration$1,359
Legal / due diligence$7,218
Total acquisition costs$37,699
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$7,353
($4,011–$10,696)
Furnishing & STR launch
2bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$27,011
All-in investment$553,313

Gross yield (asking)

11.0%

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.

$3.0M$2.2M$1.5M$749K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $443K
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
$539K
+22%
Rental Income
+$131K
Total Position
$669K
+51%
8.6%/yr
Year 10
Capital Value
$655K
+48%
Rental Income
+$282K
Total Position
$937K
+112%
7.8%/yr
Year 20
Capital Value
$970K
+119%
Rental Income
+$661K
Total Position
$1.6M
+268%
6.7%/yr
Year 30
Capital Value
$1.4M
+224%
Rental Income
+$1.2M
Total Position
$2.6M
+488%
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
5.6% annual return
Occupancy
Average
49% average occupancy
Nightly Rate
Strong
$271 per night
Visual Appeal
Good
6/10 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
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 49% — 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.
4.5%
$1,809/mo
40% occ.
6.1%
$2,435/mo
49% occ.
7.5%
$3,022/mo
current
59% occ.
9.1%
$3,648/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.