Terraced house in Rua do Pe da Cruz, Estoi
Terraced house in Rua do Pe da Cruz, Estoi — image 2Terraced house in Rua do Pe da Cruz, Estoi — image 3Terraced house in Rua do Pe da Cruz, Estoi — image 4Terraced house in Rua do Pe da Cruz, Estoi — image 5
Grade B+villabudget

Terraced house in Rua do Pe da Cruz, Estoi

Faro · Eastern Algarve ·

€600,000

Asking Price (EUR)

5.8%

True Net Yield (Owner, all-in)

4.0%

True Net Yield (Managed, all-in)

8.9%

True Gross Yield

18%

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: €88,663/yr
Average Daily Rate: €1342
-22.0% vs area baselineImage quality 6/10 (-3%), Portuguese-traditional style (+5%), No pool (-12%), Budget finish (-12%)
Payback Period: 8.5 years
5-yr Capital Value: €788,391
10-yr Capital Value: €959,198
Brixfox Score: 67.7 / 100
Comparable Properties: 5
Data Confidence: 56%
Search Radius: 15 km

True Investment Cost

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

€991,330

+65.2% over asking

Asking price€600,000
IMT — Property transfer tax (investment schedule)€35,830
IS — Stamp duty (0.8%)€4,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€9,000
Total acquisition costs€50,880
Renovation (est. €900/m² × 335 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€301,500
(€234,500–€368,500)
Furnishing & STR launch (8bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€38,950
All-in investment (incl. renovation & furnishing)€991,330

Gross yield (asking price)

14.8%

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: 8
Bathrooms: 3
Building: 335 m²
Land: 196 m²
Style: portuguese-traditional
Condition: needs-renovation
Energy Certificate: C

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional blue and white facadewrought iron balconies

Score Breakdown

ROI
24.96
Visual Appeal
9.2
Ownership Security
13
Location
7.8
Land & Space
3.92
Rental Demand
1.81
Payback Speed
4
STR Suitability
3

Description

Historic Property in Estoi with Investment Potential Historic villa in Estoi with approved project. Unique investment opportunity to create a luxury home just steps from the iconic Pousada Palace. Unique Investment Opportunity in the Heart of Estoi: - Rare real estate opportunity in Estoi, just 150 metres from the ic

Location

📍 37.0194°N, 7.9322°W

· Faro, Algarve, Portugal

View on Idealista.pt
Idealista.pt
Faro / Eastern Algarve

Terraced house in Rua do Pe da Cruz, Estoi

Inventory
8 Beds
Bathrooms
3 Baths
Built Area
335 m²
Land Plot
196 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 10.0% net return annually.

Go to Source via Idealista.pt

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.

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Average annual ROI over 5 years, combining both rental income and property value growth.
Total
+13.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$113K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
10.0%
$5,455/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
7 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
10.0 yr
Rental only

Property details

Energy: C
Condition: needs-renovation

Description

Historic Property in Estoi with Investment Potential Historic villa in Estoi with approved project. Unique investment opportunity to create a luxury home just steps from the iconic Pousada Palace. Unique Investment Opportunity in the Heart of Estoi: - Rare real estate opportunity in Estoi, just 150 metres from the ic

Income Breakdown

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Nightly Rate (ADR)
$1,938/night
50% ($892)Brixfox estimate($1,938/night)200% ($3567)
Occupancy
18%
10%Brixfox estimate(18%)100%

Short-Term Rental

Yearly income
$65,464
Airbnb data$1,938/night · 18% occupancy
Rental income
$1,938/night · 18% occ.
$128,087
Running costs (20%)
Utilities, cleaning, maintenance
-$25,617
Income tax (10%)
Indonesian rental income tax
-$35,864
Property tax
Annual property tax
-$1,141
Net income
10.0% ROI
$65,464

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$652,174
IMT (transfer tax, investment schedule)$38,946
Imposto de Selo (stamp duty)$5,217
Notary & registration$1,359
Legal / due diligence$9,783
Total acquisition costs$55,304
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$327,717
($254,891–$400,543)
Furnishing & STR launch
8bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$40,163
All-in investment$1,075,359

Gross yield (asking)

19.6%

True gross yield (all-in)

11.9%

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$2.8M$1.4M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $600K
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 9: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$730K
+22%
Rental Income
+$320K
Total Position
$1.0M
+75%
11.8%/yr
Year 10
Capital Value
$888K
+48%
Rental Income
+$690K
Total Position
$1.6M
+163%
10.2%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$1.6M
Total Position
$2.9M
+389%
8.3%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$2.9M
Total Position
$4.8M
+702%
7.2%/yr

Location

Faro

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
10.0% annual return
Occupancy
Weak
18% average occupancy
Nightly Rate
Strong
$1783 per night
Visual Appeal
Average
4/10 instagrammability
Size & Space
Average
196 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 10.0% — outperforms most villas in this market
Premium nightly rate of $1783 — 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 18% — 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.
22.6%
$12,286/mo
40% occ.
30.2%
$16,413/mo
18% occ.
13.6%
$7,375/mo
current
28% occ.
21.2%
$11,502/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.