T2 flat in Rua Ascensao Guimaraes, 2, Alto Rodes, Faro
T2 flat in Rua Ascensao Guimaraes, 2, Alto Rodes, Faro — image 2T2 flat in Rua Ascensao Guimaraes, 2, Alto Rodes, Faro — image 3T2 flat in Rua Ascensao Guimaraes, 2, Alto Rodes, Faro — image 4T2 flat in Rua Ascensao Guimaraes, 2, Alto Rodes, Faro — image 5
Grade B+apartmentluxury

T2 flat in Rua Ascensao Guimaraes, 2, Alto Rodes, Faro

Faro · Eastern Algarve ·

€472,500

Asking Price (EUR)

4.4%

True Net Yield (Owner, all-in)

3.0%

True Net Yield (Managed, all-in)

6.7%

True Gross Yield

50%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.4 months ago and is currently at 11% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.73, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €37,107/yr
Average Daily Rate: €202
+11.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), No pool (-12%), Luxury finish (+8%)
Payback Period: 15.5 years
5-yr Capital Value: €620,858
10-yr Capital Value: €755,369
Brixfox Score: 68.2 / 100
Comparable Properties: 76
Data Confidence: 97%
Search Radius: 2 km

True Investment Cost

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

€550,198

+16.4% over asking

Asking price€472,500
IMT — Property transfer tax (investment schedule)€25,630
IS — Stamp duty (0.8%)€3,780
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,088
Total acquisition costs€37,748
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)€550,198

Gross yield (asking price)

7.8%

True gross yield (all-in)

6.7%

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: 126 m²
Style: contemporary
Condition: excellent
Year Built: 2026
Energy Certificate: A

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

textured wall artnatural wood and rattan furnituremodern wall sconcesstatement floor lamp

Score Breakdown

ROI
17.69
Visual Appeal
14.2
Ownership Security
13
Location
7.8
Land & Space
4.52
Rental Demand
5.04
Payback Speed
3
STR Suitability
3

Description

THE SHIPYARD - Luxury apartment complex comprising 32 high-end units, a harmonious and well-designed project, located in the heart of Faro, with rooftop swimming pool. Delivery scheduled for June 2026. Apartment of type T2, virado a nascente/poente, em construção, con construção, com bastante natural luz, inserido num

Location

📍 37.0221°N, 7.9375°W

· Faro, Algarve, Portugal

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Idealista.pt
Faro / Eastern Algarve

T2 flat in Rua Ascensao Guimaraes, 2, Alto Rodes, Faro

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

Grade B+ investment — short-term rental yields 5.4% net return annually.

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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
+9.1%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$89K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
5.4%
$2,306/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
18.6 yr
Rental only

Property details

Year built: 2026
Energy: A
Condition: excellent

Description

THE SHIPYARD - Luxury apartment complex comprising 32 high-end units, a harmonious and well-designed project, located in the heart of Faro, with rooftop swimming pool. Delivery scheduled for June 2026. Apartment of type T2, virado a nascente/poente, em construção, con construção, com bastante natural luz, inserido num

Income Breakdown

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Nightly Rate (ADR)
$299/night
50% ($137)Brixfox estimate($299/night)200% ($549)
Occupancy
50%
10%Brixfox estimate(50%)100%

Short-Term Rental

Yearly income
$27,677
Airbnb data$299/night · 50% occupancy
Rental income
$299/night · 50% occ.
$54,954
Running costs (20%)
Utilities, cleaning, maintenance
-$10,991
Income tax (10%)
Indonesian rental income tax
-$15,387
Property tax
Annual property tax
-$899
Net income
5.4% ROI
$27,677

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$513,587
IMT (transfer tax, investment schedule)$27,859
Imposto de Selo (stamp duty)$4,109
Notary & registration$1,359
Legal / due diligence$7,704
Total acquisition costs$41,030
RenovationMove-in ready
Furnishing & STR launch
2bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$43,424
All-in investment$598,041

Gross yield (asking)

10.7%

True gross yield (all-in)

9.2%

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.

$3.2M$2.4M$1.6M$789K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $473K
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
$575K
+22%
Rental Income
+$135K
Total Position
$710K
+50%
8.5%/yr
Year 10
Capital Value
$699K
+48%
Rental Income
+$292K
Total Position
$991K
+110%
7.7%/yr
Year 20
Capital Value
$1.0M
+119%
Rental Income
+$684K
Total Position
$1.7M
+264%
6.7%/yr
Year 30
Capital Value
$1.5M
+224%
Rental Income
+$1.2M
Total Position
$2.7M
+481%
6.0%/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
5.4% annual return
Occupancy
Average
50% average occupancy
Nightly Rate
Strong
$275 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 $275 — 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.
4.3%
$1,860/mo
40% occ.
5.8%
$2,495/mo
50% occ.
7.3%
$3,131/mo
current
60% occ.
8.8%
$3,767/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.