T2 flat in Centro, Faro
T2 flat in Centro, Faro — image 2T2 flat in Centro, Faro — image 3T2 flat in Centro, Faro — image 4T2 flat in Centro, Faro — image 5
Grade Bapartmentmid-range

T2 flat in Centro, Faro

Faro · Eastern Algarve ·

€615,000

Asking Price (EUR)

3.1%

True Net Yield (Owner, all-in)

2.2%

True Net Yield (Managed, all-in)

4.8%

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: €33,156/yr
Average Daily Rate: €182
Payback Period: 22.6 years
5-yr Capital Value: €808,101
10-yr Capital Value: €983,178
Brixfox Score: 61.6 / 100
Comparable Properties: 76
Data Confidence: 98%
Search Radius: 2 km

True Investment Cost

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

€692,275

+12.6% over asking

Asking price€615,000
IMT — Property transfer tax (investment schedule)€37,030
IS — Stamp duty (0.8%)€4,920
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€9,225
Total acquisition costs€52,425
Renovation€0 — move-in ready
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€24,850
All-in investment (incl. renovation & furnishing)€692,275

Gross yield (asking price)

5.4%

True gross yield (all-in)

4.8%

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: 210 m²
Style: contemporary
Condition: excellent
Energy Certificate: C

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

modern building facadelandscaped communal gardenchildren's playground

Score Breakdown

ROI
14.58
Visual Appeal
11.2
Ownership Security
13
Location
7.8
Land & Space
6
Rental Demand
5
Payback Speed
1
STR Suitability
3

Description

Let yourself be seduced by this flat located in a luxury condominium, with a heated pool in winter, private gym, Located on the top floor of the building with panoramic views, terrace with its own jacuzzi and summer kitchen. This flat with lots of light consists of a fully equipped kitchen, a living room with access

Location

📍 37.0180°N, 7.9317°W

· Faro, Algarve, Portugal

View on RedeReal Loulé →Also on Idealista.pt
Idealista.pt
Faro / Eastern Algarve

T2 flat in Centro, Faro

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

Grade B investment — short-term rental yields 3.6% 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
+7.4%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$115K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
3.6%
$2,031/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
27.4 yr
Rental only

Property details

Energy: C
Condition: excellent

Description

Let yourself be seduced by this flat located in a luxury condominium, with a heated pool in winter, private gym, Located on the top floor of the building with panoramic views, terrace with its own jacuzzi and summer kitchen. This flat with lots of light consists of a fully equipped kitchen, a living room with access

Income Breakdown

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Nightly Rate (ADR)
$269/night
50% ($124)Brixfox estimate($269/night)200% ($496)
Occupancy
50%
10%Brixfox estimate(50%)100%

Short-Term Rental

Yearly income
$24,367
Airbnb data$269/night · 50% occupancy
Rental income
$269/night · 50% occ.
$49,109
Running costs (20%)
Utilities, cleaning, maintenance
-$9,822
Income tax (10%)
Indonesian rental income tax
-$13,750
Property tax
Annual property tax
-$1,170
Net income
3.6% ROI
$24,367

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$668,478
IMT (transfer tax, investment schedule)$40,250
Imposto de Selo (stamp duty)$5,348
Notary & registration$1,359
Legal / due diligence$10,027
Total acquisition costs$56,984
RenovationMove-in ready
Furnishing & STR launch
2bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$27,011
All-in investment$752,473

Gross yield (asking)

7.3%

True gross yield (all-in)

6.5%

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.

$3.5M$2.6M$1.8M$880K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $615K
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 21: 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
$748K
+22%
Rental Income
+$119K
Total Position
$867K
+41%
7.1%/yr
Year 10
Capital Value
$910K
+48%
Rental Income
+$257K
Total Position
$1.2M
+90%
6.6%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$602K
Total Position
$1.9M
+217%
5.9%/yr
Year 30
Capital Value
$2.0M
+224%
Rental Income
+$1.1M
Total Position
$3.1M
+398%
5.5%/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
3.6% annual return
Occupancy
Average
50% average occupancy
Nightly Rate
Strong
$248 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 $248 — 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 3.6% 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

30% occ.
2.9%
$1,623/mo
40% occ.
3.9%
$2,196/mo
50% occ.
5.0%
$2,767/mo
current
60% occ.
6.0%
$3,341/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.