Detached house in Rua Gaspar Leão, Alto Rodes, Faro
Detached house in Rua Gaspar Leão, Alto Rodes, Faro — image 2Detached house in Rua Gaspar Leão, Alto Rodes, Faro — image 3Detached house in Rua Gaspar Leão, Alto Rodes, Faro — image 4Detached house in Rua Gaspar Leão, Alto Rodes, Faro — image 5
Grade Bvillamid-range

Detached house in Rua Gaspar Leão, Alto Rodes, Faro

Faro · Eastern Algarve ·

€750,000

Asking Price (EUR)

3.5%

True Net Yield (Owner, all-in)

2.4%

True Net Yield (Managed, all-in)

5.4%

True Gross Yield

51%

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: €45,991/yr
Average Daily Rate: 247
Payback Period: 20.4 years
5-yr Capital Value: €985,489
10-yr Capital Value: €1.2M
Brixfox Score: 58.5 / 100
Comparable Properties: 23
Data Confidence: 96%
Search Radius: 2 km

True Investment Cost

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

€845,700

+12.8% over asking

Asking price€750,000
IMT — Property transfer tax (investment schedule)€45,000
IS — Stamp duty (0.8%)€6,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€11,250
Total acquisition costs€63,500
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€32,200
All-in investment (incl. renovation & furnishing)€845,700

Gross yield (asking price)

6.1%

True gross yield (all-in)

5.4%

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: 3
Bathrooms: 4
Building: 180
Land: 90
Style: contemporary
Condition: new-build
Energy Certificate: A

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

balconymodern facade

Score Breakdown

ROI
15.33
Visual Appeal
11.2
Ownership Security
13
Location
7.8
Land & Space
2.11
Rental Demand
5.1
Payback Speed
1
STR Suitability
3

Description

Wonderful T3 House under Construction in the Center of Faro. Close proximity to all Services, Commerce, Hospital, and the University of Algarve. The house features Generous Areas, High-Quality Construction, Materials, Finishes, and Equipment (choice of materials possible). The house comprises: Lower floor: - Open-p

Location

📍 37.0248°N, 7.9350°W

· Faro, Algarve, Portugal

Idealista.pt
Faro / Eastern Algarve

Detached house in Rua Gaspar Leão, Alto Rodes, Faro

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

Grade B investment — short-term rental yields 4.1% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score59
GradeB
Brixfox Intelligence
59BStrong
Score Breakdown
ROI & Yield65%
Capital Growth62%
Risk Profile61%
Market Demand59%

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
+7.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$141K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
4.1%
$2,762/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
12 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
24.6 yr
Rental only

Property details

Energy: A
Condition: new-build

Description

Wonderful T3 House under Construction in the Center of Faro. Close proximity to all Services, Commerce, Hospital, and the University of Algarve. The house features Generous Areas, High-Quality Construction, Materials, Finishes, and Equipment (choice of materials possible). The house comprises: Lower floor: - Open-p

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$357/night
50% ($164)Brixfox estimate($357/night)200% ($657)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Yearly income
$33,144
Airbnb data$357/night · 51% occupancy
Rental income
$357/night · 51% occ.
$66,482
Running costs (20%)
Utilities, cleaning, maintenance
-$13,296
Income tax (10%)
Indonesian rental income tax
-$18,615
Property tax
Annual property tax
-$1,427
Net income
4.1% ROI
$33,144

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$815,217
IMT (transfer tax, investment schedule)$48,913
Imposto de Selo (stamp duty)$6,522
Notary & registration$1,359
Legal / due diligence$12,228
Total acquisition costs$69,022
RenovationMove-in ready
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.
$32,826
All-in investment$917,065

Gross yield (asking)

8.2%

True gross yield (all-in)

7.2%

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.

$4.5M$3.3M$2.2M$1.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $750K
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 19: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$912K
+22%
Rental Income
+$162K
Total Position
$1.1M
+43%
7.5%/yr
Year 10
Capital Value
$1.1M
+48%
Rental Income
+$350K
Total Position
$1.5M
+95%
6.9%/yr
Year 20
Capital Value
$1.6M
+119%
Rental Income
+$819K
Total Position
$2.5M
+228%
6.1%/yr
Year 30
Capital Value
$2.4M
+224%
Rental Income
+$1.5M
Total Position
$3.9M
+418%
5.6%/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
Average
4.1% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Strong
$328 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Weak
90 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $328 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 4.1% is near the market average — model your cashflow carefully

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

31% occ.
3.3%
$2,240/mo
41% occ.
4.4%
$2,999/mo
51% occ.
5.5%
$3,759/mo
current
61% occ.
6.7%
$4,519/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.