T4 flat in Rua Ascensao Guimaraes, 2, Alto Rodes, Faro
T4 flat in Rua Ascensao Guimaraes, 2, Alto Rodes, Faro — image 2T4 flat in Rua Ascensao Guimaraes, 2, Alto Rodes, Faro — image 3T4 flat in Rua Ascensao Guimaraes, 2, Alto Rodes, Faro — image 4T4 flat in Rua Ascensao Guimaraes, 2, Alto Rodes, Faro — image 5
Grade B+apartmentluxury

T4 flat in Rua Ascensao Guimaraes, 2, Alto Rodes, Faro

Faro · Eastern Algarve ·

€656,250

Asking Price (EUR)

6.8%

True Net Yield (Owner, all-in)

4.7%

True Net Yield (Managed, all-in)

10.5%

True Gross Yield

41%

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: €81,039/yr
Average Daily Rate: €543
+11.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), No pool (-12%), Luxury finish (+8%)
Payback Period: 10.1 years
5-yr Capital Value: €862,303
10-yr Capital Value: €1.0M
Brixfox Score: 74.2 / 100
Comparable Properties: 5
Data Confidence: 73%
Search Radius: 4 km

True Investment Cost

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

€769,619

+17.3% over asking

Asking price€656,250
IMT — Property transfer tax (investment schedule)€39,375
IS — Stamp duty (0.8%)€5,250
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€9,844
Total acquisition costs€55,719
Renovation€0 — move-in ready
Furnishing & STR launch (4bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€57,650
All-in investment (incl. renovation & furnishing)€769,619

Gross yield (asking price)

12.3%

True gross yield (all-in)

10.5%

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: 4
Bathrooms: 3
Building: 186 m²
Style: contemporary
Condition: excellent
Year Built: 2026
Energy Certificate: A

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

integrated kitchen island with seatingmodern wall sconceslight wood flooring throughout

Score Breakdown

ROI
23
Visual Appeal
13.6
Ownership Security
13
Location
7.8
Land & Space
5.72
Rental Demand
4.09
Payback Speed
4
STR Suitability
3

Description

THE SHIPYARD - Luxury apartment, under construction, part of a well-designed and harmoniously integrated project in the heart of Faro city, with a rooftop pool. Luxury 4-bedroom apartment, facing South/North, part of a well-designed and harmoniously integrated project in the heart of Faro city, with a rooftop pool. Lo

Location

📍 37.0221°N, 7.9375°W

· Faro, Algarve, Portugal

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Idealista.pt
Faro / Eastern Algarve

T4 flat in Rua Ascensao Guimaraes, 2, Alto Rodes, Faro

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

Grade B+ investment — short-term rental yields 8.4% net return annually.

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The Investment

Brixfox Score74
GradeB+
Brixfox Intelligence
74B+Strong
Score Breakdown
ROI & Yield81%
Capital Growth78%
Risk Profile75%
Market Demand74%

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
+12.1%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$123K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
8.4%
$4,972/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
8 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
12.0 yr
Rental only

Property details

Year built: 2026
Energy: A
Condition: excellent

Description

THE SHIPYARD - Luxury apartment, under construction, part of a well-designed and harmoniously integrated project in the heart of Faro city, with a rooftop pool. Luxury 4-bedroom apartment, facing South/North, part of a well-designed and harmoniously integrated project in the heart of Faro city, with a rooftop pool. Lo

Income Breakdown

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Nightly Rate (ADR)
$785/night
50% ($361)Brixfox estimate($785/night)200% ($1445)
Occupancy
41%
10%Brixfox estimate(41%)100%

Short-Term Rental

Yearly income
$59,670
Airbnb data$785/night · 41% occupancy
Rental income
$785/night · 41% occ.
$117,150
Running costs (20%)
Utilities, cleaning, maintenance
-$23,430
Income tax (10%)
Indonesian rental income tax
-$32,802
Property tax
Annual property tax
-$1,248
Net income
8.4% ROI
$59,670

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$713,315
IMT (transfer tax, investment schedule)$42,799
Imposto de Selo (stamp duty)$5,707
Notary & registration$1,359
Legal / due diligence$10,700
Total acquisition costs$60,564
RenovationMove-in ready
Furnishing & STR launch
4bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$62,663
All-in investment$836,542

Gross yield (asking)

16.4%

True gross yield (all-in)

14.0%

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.

$5.5M$4.1M$2.7M$1.4M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $656K
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 11: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$798K
+22%
Rental Income
+$291K
Total Position
$1.1M
+66%
10.7%/yr
Year 10
Capital Value
$971K
+48%
Rental Income
+$629K
Total Position
$1.6M
+144%
9.3%/yr
Year 20
Capital Value
$1.4M
+119%
Rental Income
+$1.5M
Total Position
$2.9M
+344%
7.7%/yr
Year 30
Capital Value
$2.1M
+224%
Rental Income
+$2.6M
Total Position
$4.7M
+622%
6.8%/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
Strong
8.4% annual return
Occupancy
Weak
41% average occupancy
Nightly Rate
Strong
$722 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 8.4% — outperforms most villas in this market
Premium nightly rate of $722 — 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 41% — 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.
8.3%
$4,912/mo
40% occ.
11.1%
$6,584/mo
current
41% occ.
11.3%
$6,729/mo
current
51% occ.
14.1%
$8,401/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.