T3 flat in São Luís, Faro
Grade Bapartmentluxury

T3 flat in São Luís, Faro

Faro · Eastern Algarve ·

€1.2M

Asking Price (EUR)

2.4%

True Net Yield (Owner, all-in)

1.6%

True Net Yield (Managed, all-in)

3.7%

True Gross Yield

59%

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: €48,410/yr
Average Daily Rate: €223
Payback Period: 29.9 years
5-yr Capital Value: €1.5M
10-yr Capital Value: €1.8M
Brixfox Score: 57.5 / 100
Comparable Properties: 14
Data Confidence: 91%
Search Radius: 2 km

True Investment Cost

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

€1.3M

+14.1% over asking

Asking price€1.2M
IMT — Property transfer tax (investment schedule)€86,775
IS — Stamp duty (0.8%)€9,256
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€17,355
Total acquisition costs€114,636
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€48,800
All-in investment (incl. renovation & furnishing)€1.3M

Gross yield (asking price)

4.2%

True gross yield (all-in)

3.7%

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: 3
Building: 322 m²
Style: contemporary
Condition: excellent
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

floor-to-ceiling windowsmodern pendant lightingdesigner lounge chairslarge indoor plants

Score Breakdown

ROI
11.75
Visual Appeal
10
Ownership Security
13
Location
7.8
Land & Space
6
Rental Demand
5.94
Payback Speed
0
STR Suitability
3

Description

T3 duplex apartment, with private pool on the top floor and 2 parking lots, Faro, Algarve T3 duplex apartment with views over the city over the Ria/Mar, comprising an open space living room of about 60m2, 3 bedrooms (2 en suite) 3 bathrooms, laundry, entrance hall and a balcony, on the 1st floor. The 2nd floor of the

Location

📍 37.0194°N, 7.9322°W

· Faro, Algarve, Portugal

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

T3 flat in São Luís, Faro

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

Grade B investment — short-term rental yields 2.7% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score58
GradeB
Brixfox Intelligence
58BStrong
Score Breakdown
ROI & Yield64%
Capital Growth61%
Risk Profile60%
Market Demand58%

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
+6.5%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$217K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
2.7%
$2,849/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
14 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
36.8 yr
Rental only

Property details

Condition: excellent

Description

T3 duplex apartment, with private pool on the top floor and 2 parking lots, Faro, Algarve T3 duplex apartment with views over the city over the Ria/Mar, comprising an open space living room of about 60m2, 3 bedrooms (2 en suite) 3 bathrooms, laundry, entrance hall and a balcony, on the 1st floor. The 2nd floor of the

Income Breakdown

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Nightly Rate (ADR)
$323/night
50% ($149)Brixfox estimate($323/night)200% ($594)
Occupancy
59%
10%Brixfox estimate(59%)100%

Short-Term Rental

Yearly income
$34,186
Airbnb data$323/night · 59% occupancy
Rental income
$323/night · 59% occ.
$69,975
Running costs (20%)
Utilities, cleaning, maintenance
-$13,995
Income tax (10%)
Indonesian rental income tax
-$19,593
Property tax
Annual property tax
-$2,201
Net income
2.7% ROI
$34,186

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$1,257,609
IMT (transfer tax, investment schedule)$94,321
Imposto de Selo (stamp duty)$10,061
Notary & registration$1,359
Legal / due diligence$18,864
Total acquisition costs$124,604
RenovationMove-in ready
Furnishing & STR launch
3bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$53,043
All-in investment$1,435,257

Gross yield (asking)

5.6%

True gross yield (all-in)

4.9%

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.

$6.0M$4.5M$3.0M$1.5M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $1.2M
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 26: rental income alone has repaid the full purchase price.
2x return
Year 13: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$1.4M
+22%
Rental Income
+$167K
Total Position
$1.6M
+36%
6.4%/yr
Year 10
Capital Value
$1.7M
+48%
Rental Income
+$361K
Total Position
$2.1M
+79%
6.0%/yr
Year 20
Capital Value
$2.5M
+119%
Rental Income
+$845K
Total Position
$3.4M
+192%
5.5%/yr
Year 30
Capital Value
$3.8M
+224%
Rental Income
+$1.5M
Total Position
$5.2M
+354%
5.2%/yr

Location

Faro

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
2.7% annual return
Occupancy
Average
59% average occupancy
Nightly Rate
Strong
$297 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 $297 — 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
Yield of 2.7% is below 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

39% occ.
2.4%
$2,523/mo
49% occ.
3.1%
$3,211/mo
59% occ.
3.7%
$3,898/mo
current
69% occ.
4.4%
$4,586/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.