Duplex in Estrada da Penha, Nn, Conceição e Estoi, Faro
Grade B+apartmentmid-range

Duplex in Estrada da Penha, Nn, Conceição e Estoi, Faro

Faro · Eastern Algarve ·

€550,000

Asking Price (EUR)

6.8%

True Net Yield (Owner, all-in)

4.7%

True Net Yield (Managed, all-in)

10.5%

True Gross Yield

47%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.5 months ago and is currently at 13% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.74, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €66,142/yr
Average Daily Rate: €388
Payback Period: 10.2 years
5-yr Capital Value: €722,692
10-yr Capital Value: €879,265
Brixfox Score: 71.4 / 100
Comparable Properties: 7
Data Confidence: 73%
Search Radius: 4 km

True Investment Cost

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

€631,280

+14.8% over asking

Asking price€550,000
IMT — Property transfer tax (investment schedule)€31,830
IS — Stamp duty (0.8%)€4,400
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,250
Total acquisition costs€45,730
Renovation€0 — move-in ready
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€35,550
All-in investment (incl. renovation & furnishing)€631,280

Gross yield (asking price)

12.0%

True gross yield (all-in)

10.5%

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: 4
Building: 227 m²
Style: contemporary
Condition: excellent

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

modern cable railingindoor planter with greeneryherringbone tile in bathroom

Score Breakdown

ROI
22.89
Visual Appeal
10
Ownership Security
13
Location
7.8
Land & Space
6
Rental Demand
4.67
Payback Speed
4
STR Suitability
3

Description

In the city of Faro, we can find this duplex flat with 4 bedrooms in excellent condition. It has a parking space, storage room and two large terraces, which allow you to have outdoor dining. This duplex has 4 bedrooms with sea view and are divided over two floors. The lower floor has 2 terraces, 2 bathrooms, 2 living

Location

📍 37.0194°N, 7.9322°W

· Faro, Algarve, Portugal

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

Duplex in Estrada da Penha, Nn, Conceição e Estoi, Faro

Inventory
4 Beds
Bathrooms
0 Baths
Built Area
227 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 8.3% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score71
GradeB+
Brixfox Intelligence
71B+Strong
Score Breakdown
ROI & Yield78%
Capital Growth75%
Risk Profile72%
Market Demand71%

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
+12.1%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$103K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
8.3%
$4,137/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
8 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
12.0 yr
Rental only

Property details

Condition: excellent

Description

In the city of Faro, we can find this duplex flat with 4 bedrooms in excellent condition. It has a parking space, storage room and two large terraces, which allow you to have outdoor dining. This duplex has 4 bedrooms with sea view and are divided over two floors. The lower floor has 2 terraces, 2 bathrooms, 2 living

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$572/night
50% ($263)Brixfox estimate($572/night)200% ($1053)
Occupancy
47%
10%Brixfox estimate(47%)100%

Short-Term Rental

Yearly income
$49,640
Airbnb data$572/night · 47% occupancy
Rental income
$572/night · 47% occ.
$97,473
Running costs (20%)
Utilities, cleaning, maintenance
-$19,495
Income tax (10%)
Indonesian rental income tax
-$27,292
Property tax
Annual property tax
-$1,046
Net income
8.3% ROI
$49,640

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$597,826
IMT (transfer tax, investment schedule)$34,598
Imposto de Selo (stamp duty)$4,783
Notary & registration$1,359
Legal / due diligence$8,967
Total acquisition costs$49,707
RenovationMove-in ready
Furnishing & STR launch
4bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$38,641
All-in investment$686,174

Gross yield (asking)

16.3%

True gross yield (all-in)

14.2%

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.

$4.6M$3.4M$2.3M$1.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $550K
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 11: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$669K
+22%
Rental Income
+$242K
Total Position
$912K
+66%
10.6%/yr
Year 10
Capital Value
$814K
+48%
Rental Income
+$524K
Total Position
$1.3M
+143%
9.3%/yr
Year 20
Capital Value
$1.2M
+119%
Rental Income
+$1.2M
Total Position
$2.4M
+342%
7.7%/yr
Year 30
Capital Value
$1.8M
+224%
Rental Income
+$2.2M
Total Position
$4.0M
+619%
6.8%/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
Strong
8.3% annual return
Occupancy
Average
47% average occupancy
Nightly Rate
Strong
$526 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

High rental yield at 8.3% — outperforms most villas in this market
Premium nightly rate of $526 — 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 47% — 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.
7.2%
$3,567/mo
40% occ.
9.6%
$4,785/mo
47% occ.
11.2%
$5,599/mo
current
57% occ.
13.7%
$6,817/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.