T3 flat in Rua José Ricardo Samora Barros, 1, Horta das Figuras - Lejana - Senhora da Saúde, Faro
T3 flat in Rua José Ricardo Samora Barros, 1, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 2T3 flat in Rua José Ricardo Samora Barros, 1, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 3T3 flat in Rua José Ricardo Samora Barros, 1, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 4T3 flat in Rua José Ricardo Samora Barros, 1, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 5
Grade B+apartmentmid-range

T3 flat in Rua José Ricardo Samora Barros, 1, Horta das Figuras - Lejana - Senhora da Saúde, Faro

Faro · Eastern Algarve ·

€645,000

Asking Price (EUR)

4.7%

True Net Yield (Owner, all-in)

3.3%

True Net Yield (Managed, all-in)

7.2%

True Gross Yield

50%

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: €53,956/yr
Average Daily Rate: 295
+19.0% vs area baselineImage quality 6/10 (-3%), Modern/contemporary style (+12%), Has pool (0%), Has view (+10%)
Payback Period: 14.9 years
5-yr Capital Value: €847,520
10-yr Capital Value: €1.0M
Brixfox Score: 66.7 / 100
Comparable Properties: 19
Data Confidence: 90%
Search Radius: 2 km

True Investment Cost

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

€745,685

+15.6% over asking

Asking price€645,000
IMT — Property transfer tax (investment schedule)€38,700
IS — Stamp duty (0.8%)€5,160
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€9,675
Total acquisition costs€54,785
Renovation (est. €55/m² × 240)
Light touch-ups — paint, fixtures, deep clean.
€13,200
(€7,200€19,200)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€32,700
All-in investment (incl. renovation & furnishing)€745,685

Gross yield (asking price)

8.4%

True gross yield (all-in)

7.2%

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: 3
Bathrooms: 2
Building: 240
Style: contemporary
Condition: good
Energy Certificate: A
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

dual-level swimming poollandscaped communal gardens

Score Breakdown

ROI
18.09
Visual Appeal
10.8
Ownership Security
13
Location
7.8
Land & Space
6
Rental Demand
5.01
Payback Speed
3
STR Suitability
3

Description

SEA VIEW - 3-Bedroom PENTHOUSE - Pool - 58sqm Terrace - Faro Algarve Portugal Discover this luxurious, like-new 3-bedroom penthouse apartment, offering sea views, a private jacuzzi, a summer kitchen, and access to a heated saltwater pool. LUX TERRACE. Situated in a recent, high-end private residence just a few minute

Location

📍 37.0309°N, 7.9380°W

· Faro, Algarve, Portugal

Idealista.pt
Faro / Eastern Algarve

T3 flat in Rua José Ricardo Samora Barros, 1, Horta das Figuras - Lejana - Senhora da Saúde, Faro

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

Grade B+ investment — short-term rental yields 5.6% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score67
GradeB+
Brixfox Intelligence
67B+Strong
Score Breakdown
ROI & Yield74%
Capital Growth70%
Risk Profile69%
Market Demand67%

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
+9.4%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$121K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
5.6%
$3,277/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
10 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
17.8 yr
Rental only

Property details

Energy: A
Condition: good

Description

SEA VIEW - 3-Bedroom PENTHOUSE - Pool - 58sqm Terrace - Faro Algarve Portugal Discover this luxurious, like-new 3-bedroom penthouse apartment, offering sea views, a private jacuzzi, a summer kitchen, and access to a heated saltwater pool. LUX TERRACE. Situated in a recent, high-end private residence just a few minute

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$426/night
50% ($196)Brixfox estimate($426/night)200% ($784)
Occupancy
50%
10%Brixfox estimate(50%)100%

Short-Term Rental

Yearly income
$39,327
Airbnb data$426/night · 50% occupancy
Rental income
$426/night · 50% occ.
$77,988
Running costs (20%)
Utilities, cleaning, maintenance
-$15,598
Income tax (10%)
Indonesian rental income tax
-$21,837
Property tax
Annual property tax
-$1,227
Net income
5.6% ROI
$39,327

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$701,087
IMT (transfer tax, investment schedule)$42,065
Imposto de Selo (stamp duty)$5,609
Notary & registration$1,359
Legal / due diligence$10,516
Total acquisition costs$59,549
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.
$14,348
($7,826$20,870)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.
$35,543
All-in investment$810,527

Gross yield (asking)

11.1%

True gross yield (all-in)

9.6%

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.

$4.4M$3.3M$2.2M$1.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $645K
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 15: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$785K
+22%
Rental Income
+$192K
Total Position
$977K
+51%
8.7%/yr
Year 10
Capital Value
$955K
+48%
Rental Income
+$415K
Total Position
$1.4M
+112%
7.8%/yr
Year 20
Capital Value
$1.4M
+119%
Rental Income
+$972K
Total Position
$2.4M
+270%
6.8%/yr
Year 30
Capital Value
$2.1M
+224%
Rental Income
+$1.7M
Total Position
$3.8M
+491%
6.1%/yr

Location

Faro

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
5.6% annual return
Occupancy
Average
50% average occupancy
Nightly Rate
Strong
$392 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $392 — 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 50% — 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.
4.5%
$2,633/mo
40% occ.
6.1%
$3,540/mo
50% occ.
7.6%
$4,447/mo
current
60% occ.
9.2%
$5,355/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.