Detached house in Largo da Praça Velha, Estoi
Detached house in Largo da Praça Velha, Estoi — image 2Detached house in Largo da Praça Velha, Estoi — image 3Detached house in Largo da Praça Velha, Estoi — image 4Detached house in Largo da Praça Velha, Estoi — image 5
Grade Bvillamid-range

Detached house in Largo da Praça Velha, Estoi

Faro · Eastern Algarve ·

€375,000

Asking Price (EUR)

5.3%

True Net Yield (Owner, all-in)

3.7%

True Net Yield (Managed, all-in)

8.2%

True Gross Yield

13%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.1 months ago and is currently at 18% 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: €36,834/yr
Average Daily Rate: €792
-10.0% vs area baselineImage quality 6/10 (-3%), Portuguese-traditional style (+5%), No pool (-12%)
Payback Period: 13.1 years
5-yr Capital Value: €505,884
10-yr Capital Value: €615,486
Brixfox Score: 62 / 100
Comparable Properties: 6
Data Confidence: 64%
Search Radius: 6 km

True Investment Cost

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

€448,395

+19.6% over asking

Asking price€375,000
IMT — Property transfer tax (investment schedule)€17,830
IS — Stamp duty (0.8%)€3,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,625
Total acquisition costs€27,705
Renovation (est. €55/m² × 148 m²)
Light touch-ups — paint, fixtures, deep clean.		€8,140
(€4,440–€11,840)
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€37,550
All-in investment (incl. renovation & furnishing)€448,395

Gross yield (asking price)

9.8%

True gross yield (all-in)

8.2%

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: 4
Bathrooms: 2
Building: 148 m²
Style: portuguese-traditional
Condition: good
Year Built: 1951
Energy Certificate: F

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional street lampornate window balconiescircular decorative elements on facade

Score Breakdown

ROI
19.55
Visual Appeal
9.4
Ownership Security
13
Location
7.8
Land & Space
4.96
Rental Demand
1.27
Payback Speed
3
STR Suitability
3

Description

In Estoi, a village with unique characteristics with its houses and alleys situated between the mountains and the sea. Property in the historic center, 2 steps from the Pousada Palácio de Estoi and the magnificent Mother Church with 1 urban unit and 2 fractions with independent access. Maintaining the original layout,

Location

📍 37.0194°N, 7.9322°W

· Faro, Algarve, Portugal

View on MVP - Most Valued Property →Also on Idealista.pt
Idealista.pt
Faro / Eastern Algarve

Detached house in Largo da Praça Velha, Estoi

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

Grade B investment — short-term rental yields 6.6% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score62
GradeB
Brixfox Intelligence
62BStrong
Score Breakdown
ROI & Yield68%
Capital Growth65%
Risk Profile64%
Market Demand62%

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
+10.4%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$70K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
6.6%
$2,245/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
15.1 yr
Rental only

Property details

Year built: 1951
Energy: F
Condition: good

Description

In Estoi, a village with unique characteristics with its houses and alleys situated between the mountains and the sea. Property in the historic center, 2 steps from the Pousada Palácio de Estoi and the magnificent Mother Church with 1 urban unit and 2 fractions with independent access. Maintaining the original layout,

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$1,144/night
50% ($526)Brixfox estimate($1,144/night)200% ($2105)
Occupancy
13%
10%Brixfox estimate(13%)100%

Short-Term Rental

Yearly income
$26,942
Airbnb data$1,144/night · 13% occupancy
Rental income
$1,144/night · 13% occ.
$53,184
Running costs (20%)
Utilities, cleaning, maintenance
-$10,637
Income tax (10%)
Indonesian rental income tax
-$14,891
Property tax
Annual property tax
-$713
Net income
6.6% ROI
$26,942

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$407,609
IMT (transfer tax, investment schedule)$19,380
Imposto de Selo (stamp duty)$3,261
Notary & registration$1,359
Legal / due diligence$6,114
Total acquisition costs$30,114
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$8,848
($4,826–$12,870)
Furnishing & STR launch
4bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$38,641
All-in investment$485,212

Gross yield (asking)

13.0%

True gross yield (all-in)

11.0%

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.

$2.8M$2.1M$1.4M$689K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $375K
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
$456K
+22%
Rental Income
+$132K
Total Position
$588K
+57%
9.4%/yr
Year 10
Capital Value
$555K
+48%
Rental Income
+$284K
Total Position
$839K
+124%
8.4%/yr
Year 20
Capital Value
$822K
+119%
Rental Income
+$666K
Total Position
$1.5M
+297%
7.1%/yr
Year 30
Capital Value
$1.2M
+224%
Rental Income
+$1.2M
Total Position
$2.4M
+539%
6.4%/yr

Location

Faro

Eastern Algarve, Approximate area

Loading Map...

Airbnb Comp Analysis

No nearby Airbnb listings found

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
6.6% annual return
Occupancy
Weak
13% average occupancy
Nightly Rate
Strong
$1053 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 $1053 — 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 13% — 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.
21.3%
$7,248/mo
40% occ.
28.5%
$9,684/mo
13% occ.
9.0%
$3,044/mo
current
23% occ.
16.1%
$5,480/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.