Detached house in Rua da Cruz, Centro, Faro
Detached house in Rua da Cruz, Centro, Faro — image 2Detached house in Rua da Cruz, Centro, Faro — image 3Detached house in Rua da Cruz, Centro, Faro — image 4Detached house in Rua da Cruz, Centro, Faro — image 5
Grade Bvillabudget

Detached house in Rua da Cruz, Centro, Faro

Faro · Eastern Algarve ·

€370,000

Asking Price (EUR)

5.3%

True Net Yield (Owner, all-in)

3.6%

True Net Yield (Managed, all-in)

8.1%

True Gross Yield

39%

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: €48,615/yr
Average Daily Rate: €346
-28.0% vs area baselineImage quality 4/10 (-9%), Portuguese-traditional style (+5%), No pool (-12%), Budget finish (-12%)
Payback Period: 9.3 years
5-yr Capital Value: €486,174
10-yr Capital Value: €591,506
Brixfox Score: 63.3 / 100
Comparable Properties: 5
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.

€601,840

+62.7% over asking

Asking price€370,000
IMT — Property transfer tax (investment schedule)€17,430
IS — Stamp duty (0.8%)€2,960
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,550
Total acquisition costs€27,190
Renovation (est. €900/m² × 199 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€179,100
(€139,300–€218,900)
Furnishing & STR launch (4bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€25,550
All-in investment (incl. renovation & furnishing)€601,840

Gross yield (asking price)

13.1%

True gross yield (all-in)

8.1%

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
Bathrooms: 1
Building: 199 m²
Land: 87 m²
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 1978
Energy Certificate: F

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
24.23
Visual Appeal
5.4
Ownership Security
13
Location
7.8
Land & Space
1.97
Rental Demand
3.85
Payback Speed
4
STR Suitability
3

Description

OPPORTUNITY – 4-BEDROOM HOUSE IN FARO DOWNTOWN!   4-Bedroom House to renovate/rebuild in Faro’s Downtown House: Ground Floor: Hallway; 1 Bedroom; Living room; Dining room; Pantry; Kitchen; Bathroom; Backyard; Storage area; First Floor: Hallway; 1 Bedroom with built-in wardrobe; 2 interconnected Rooms; Terrace; St

Location

📍 37.0198°N, 7.9380°W

· Faro, Algarve, Portugal

View on RE/MAX MERCADO →Also on Idealista.pt
Idealista.pt
Faro / Eastern Algarve

Detached house in Rua da Cruz, Centro, Faro

Inventory
4 Beds
Bathrooms
1 Baths
Built Area
199 m²
Land Plot
87 m²
Tenure
Freehold
Yield Curve Status

Grade B investment — short-term rental yields 9.1% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score63
GradeB
Brixfox Intelligence
63BStrong
Score Breakdown
ROI & Yield69%
Capital Growth66%
Risk Profile65%
Market Demand63%

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
+12.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$69K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
9.1%
$3,044/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
11.0 yr
Rental only

Property details

Year built: 1978
Energy: F
Condition: needs-renovation

Description

OPPORTUNITY – 4-BEDROOM HOUSE IN FARO DOWNTOWN!   4-Bedroom House to renovate/rebuild in Faro’s Downtown House: Ground Floor: Hallway; 1 Bedroom; Living room; Dining room; Pantry; Kitchen; Bathroom; Backyard; Storage area; First Floor: Hallway; 1 Bedroom with built-in wardrobe; 2 interconnected Rooms; Terrace; St

Income Breakdown

Adjust Forecast

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Nightly Rate (ADR)
$509/night
50% ($234)Brixfox estimate($509/night)200% ($937)
Occupancy
39%
10%Brixfox estimate(39%)100%

Short-Term Rental

Yearly income
$36,532
Airbnb data$509/night · 39% occupancy
Rental income
$509/night · 39% occ.
$71,607
Running costs (20%)
Utilities, cleaning, maintenance
-$14,321
Income tax (10%)
Indonesian rental income tax
-$20,050
Property tax
Annual property tax
-$704
Net income
9.1% ROI
$36,532

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$402,174
IMT (transfer tax, investment schedule)$18,946
Imposto de Selo (stamp duty)$3,217
Notary & registration$1,359
Legal / due diligence$6,033
Total acquisition costs$29,554
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$194,674
($151,413–$237,935)
Furnishing & STR launch
4bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$25,598
All-in investment$652,000

Gross yield (asking)

17.8%

True gross yield (all-in)

11.0%

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.

$3.2M$2.4M$1.6M$805K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $370K
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 10: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$450K
+22%
Rental Income
+$178K
Total Position
$629K
+70%
11.2%/yr
Year 10
Capital Value
$548K
+48%
Rental Income
+$385K
Total Position
$933K
+152%
9.7%/yr
Year 20
Capital Value
$811K
+119%
Rental Income
+$903K
Total Position
$1.7M
+363%
8.0%/yr
Year 30
Capital Value
$1.2M
+224%
Rental Income
+$1.6M
Total Position
$2.8M
+656%
7.0%/yr

Location

Faro

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
9.1% annual return
Occupancy
Weak
39% average occupancy
Nightly Rate
Strong
$469 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Weak
87 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 9.1% — outperforms most villas in this market
Premium nightly rate of $469 — 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 39% — 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.
9.5%
$3,194/mo
40% occ.
12.8%
$4,278/mo
39% occ.
12.3%
$4,118/mo
current
49% occ.
15.5%
$5,202/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.